Answer: $33/hour, at least
And a home? According to a new report from KPCC:
The median home price in Los Angeles is $570,500, according to the real estate website, Trulia.com.
But consider that the median income in Los Angeles is about half that: $49,497, according to census numbers from 2009-2013.
So it’s no surprise that Los Angeles has been rated as the most unaffordable city to rent in America by Harvard and UCLA.