The cost of living well in Los Angeles.

£174ka year

Index 54London = 100 · the family home and two children at school; staff, dining, golf and a berth are priced line by line below

The year, line by line

A year in Los Angeles, line by line.

Our verdict. Los Angeles suits a family that wants a house rather than an apartment, a private school and the Pacific. Harvard-Westlake's upper school charges $54,900, a 65 ft slip at Long Beach about $19,700 a year, and Providence's tasting menu $495 a head. The weak point is tax: California taxes residents' worldwide income on top of the federal rate, for a combined top rate of 50.3% on income over $1 million. The Los Angeles Country Club's initiation is reported at about $250,000. Against Miami, the top rate is about thirteen points higher and the school costs a little less.

  1. A prime family home, rented2026£91k

    US$121,946 a year · Average asking rent from Zumper listings, Brentwood (Los Angeles): USD 4.72 per sq ft a month x 2,153 sq ft (200 m²) x 12

    Zumper, Brentwood, Los Angeles, CA Rent Prices (rent research), October 2026

  2. Senior school fees, two children2026-27£82k

    US$54,900 a year a child · Harvard-Westlake School tuition 2026-27 (upper school)

    Harvard-Westlake, Tuition information, 2026-27 academic year

  3. Membership at a leading golf club—

    Published prices here date from 2023; ask us for a current figure.

  4. A berth for a 20 m yacht2026£15k

    US$19,686 a year · Long Beach Marinas (City of Long Beach; Alamitos Bay, Shoreline, Rainbow Harbor), 65 ft slip monthly rate USD 1,640.53 x 12

    City of Long Beach, Long Beach Marinas, "Alamitos Bay Slip & Storage Rates - 2026" (rate flyer PDF), 2026 rate sheet

  5. A full-time housekeeper or nanny2026£42k

    US$56,160 a year · Care.com average posted nanny rate, Los Angeles CA, USD 27.00/hr x 40 h x 52 weeks

    Care.com, Nannies in Los Angeles, CA, October 2026

  6. Tasting menu for two, twice a month2026£18k

    US$990 a dinner · Providence (three Michelin stars), Chef's tasting menu USD 495 pp x 2, food only

    Providence, Dinner menus, Checked 20 Oct 2026

Figures are published prices, fees and surveys as dated, converted to pounds at the stated rates. They change, vary by home, school year and membership, and are a guide, not a quote. Nothing here is financial, tax or legal advice.

Prime homes to buy
£18k / m²

US$24,531 per m² · Los Angeles luxury single-family (top 10% of sales) average price per sq ft, Q4 2025: USD 2,279, converted x10.764 to per sqm

Douglas Elliman / Miller Samuel, Elliman Report: Los Angeles Sales Q4 2025, Q4 2025 (published Jan 2026)
Prices in 2025
+0.9%

The middle of 2 measures, 0.1 points apart

Knight Frank +1.0%; S&P Case-Shiller +0.9% (all homes)
Millionaires in United States
23.63m

+1.9% in 2025

UBS Global Wealth Report 2026, end-2025, published June 2026
Top income tax rate
50.3%

Worldwide taxation of US citizens and residents. California also taxes its residents on worldwide income.

PwC Worldwide Tax Summaries, United States - Individual - Taxes on personal income (last reviewed 4 Sep 2026); California FTB 2025 Tax Rate Schedules and 2025 Form 540-ES instructions, tax year 2025

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