Median rent is 2% lower in Monterey Park ($1,845/mo vs $1,879/mo). Buying is cheaper in Monterey Park, where the median home runs $818,300 versus $879,500. Households earn more in Los Angeles ($80,366 vs $77,605 a year).
City A
Los Angeles, CA
City B
Monterey Park, CA
How much would you need to earn in Monterey Park, CA to maintain your standard of living from Los Angeles, CA?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Los Angeles
California
Monterey Park
California
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,879/mo in Los Angeles and $1,845/mo in Monterey Park. Median home values are within 7% of each other: $879,500 in Los Angeles and $818,300 in Monterey Park.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
California's top income tax rate is 13.30% versus 13.30% in California, so Monterey Park is more tax-friendly for high earners. Sales tax is 7.25% in California and 7.25% in California; Monterey Park has the lower rate (local add-ons may apply in both).
Los Angeles
Income tax: 13.30%
Sales tax: 7.25%
Monterey Park
Income tax: 13.30%
Sales tax: 7.25%
Air quality data is available for Los Angeles (avg AQI 77.0) but not yet for Monterey Park.
Is Los Angeles cheaper than Monterey Park?
Cost of living index data is not yet available for one or both cities.
How much is rent in Los Angeles vs Monterey Park?
Median rent is $1,879/mo in Los Angeles, CA and $1,845/mo in Monterey Park, CA. Monterey Park, CA has the lower rent by about 2%.
Which has higher salaries — Los Angeles or Monterey Park?
Median household income is $80,366 in Los Angeles, CA and $77,605 in Monterey Park, CA. Los Angeles, CA has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Los Angeles or Monterey Park?
California's top income tax rate is 13.30% and California's is 13.30%. Monterey Park, CA has the lower rate.
What salary do I need in Monterey Park to match my Los Angeles income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology