Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 1 Child | |
| Other | $4,748 | $7,080 |
| Required annual income after taxes | $35,991 | $70,543 |
| Annual taxes | $8,970 | $21,370 |
What salary do you need to live in Long Beach California?
Based on this rule, your gross income should be about $5,323 per month or about $63,880 annually. The living wage, average salary, and recommended salary are three different tools you can use for budgeting.
Is Long Beach an expensive area?
Long Beach snuck onto Coldwell Banker’s annual Home Listings Report as the 50th most expensive city in which to purchase a home in the country, with an average listing price of $881,315.
What is a good salary to live off of in California?
In order to just get by in California for a single person, the recommended annual income is $74,371.
How much is minimum wage in Long Beach?
California Minimum Wage
| EFFECTIVE DATE | Employers with 25 or Fewer Employees* | Employers with 26 or More Employees* |
|---|---|---|
| January 1, 2017 | $10.00 | $10.50 |
| January 1, 2018 | $10.50 | $11.00 |
| January 1, 2019 | $11.00 | $12.00 |
| January 1, 2020 | $12.00 | $13.00 |
Is Long Beach California Affordable?
Long Beach is the most affordable city for a duplex by 35% compared to the next affordable city, which is Huntington Beach. Compared to the most expensive city for duplexes, Newport Beach, Long Beach is 188% more affordable.
Is Long Beach cheaper than Santa Monica?
– The Median Age in Santa Monica is 6.3 years older than in Long Beach. – Santa Monica housing costs are 144.8% more expensive than Long Beach housing costs. – The average commute for residents of Santa Monica is 4.2 minutes shorter than it is for residents of Long Beach.
Is Long Beach for rich people?
Unlike most Southern California beach towns, Long Beach, for the most part, is not home to many of the super-wealthy: only 3 percent of residents earn over $250,000, and barely 1 percent make over $500,000. More than 40 percent of the workforce earn between $50,000 and $150,000.
What is the cost of living in Long Beach?
Long Beach cost of living is 160.4
| COST OF LIVING | Long Beach | California |
|---|---|---|
| Grocery | 101.9 | 105.1 |
| Health | 89.4 | 92.4 |
| Housing | 261.1 | 239.1 |
| Median Home Cost | $741,000 | $684,800 |
What is the nicest neighborhood in Long Beach?
The 4 Best Neighborhoods in Long Beach
- Eastside.
- Belmont Shore-Naples.
- Downtown Long Beach-Waterfront.
- East Village Arts District.
Is $21 an hour good in California?
On average, renters in California make an hourly wage of $21.50 an hour, which is 41.2 percent lower than the necessary hourly wage to afford the cost of living.
Can you live in California on 50k a year?
If you make $50,000 a year living in the region of California, USA, you will be taxed $10,242. That means that your net pay will be $39,758 per year, or $3,313 per month. Your average tax rate is 20.5% and your marginal tax rate is 28.7%.
What is middle class in California?
California. • Household income range for middle class: $36,996 – $187,706. • Median family income: $91,377 (12th highest)
What city has the highest minimum wage?
Several cities have their own minimum wages that exceed the federal level. Those with the highest minimum wages include Seattle, Emeryville, Mountain View, Sunnyvale, and Palo Alto.
Who has the highest minimum wage?
The 10 States with the Highest Minimum Wage Rates in 2022
- Maine $12.75 (tie)
- Arizona $12.80.
- New Jersey $13 (tie)
- Connecticut $13 (tie)
- New York $13.20.
- 8. California $14.
- Massachusetts $14.25.
- Washington $14.49. Washington has been a leading state when it comes to high minimum wages for quite some time.
What’s it like living in Long Beach CA?
Not only is Long Beach a coastal gem of California, but the city has a robust shopping and dining scene, exciting nightlife, and an abundance of things to do both indoors and outdoors. Considered a good place to live, if you are making the move to Long Beach, California then look no further than this moving guide.
How safe is Long Beach?
The chance of becoming a victim of either violent or property crime in Long Beach is 1 in 31. Based on FBI crime data, Long Beach is not one of the safest communities in America. Relative to California, Long Beach has a crime rate that is higher than 86% of the state’s cities and towns of all sizes.
Can you live in Long Beach without a car?
Getting around Long Beach without a car is not only easy, but it’s also enjoyable. For transportation in the downtown area, take advantage of the Long Beach Transit Passport bus that will transport you to and from all major downtown Long Beach locations for free.
What part of Long Beach is safe?
For the most part, Belmont Shore, Naples, Alamitos Beach, and Bluff Park are among the safest neighborhoods in Long Beach for visitors. Downtown Long Beach is the most heavily touristed area in the city, but precautions should still be taken when visiting, as crime rates are higher here than in other neighborhoods.
Is Malibu or Santa Monica better?
If you want to experience a bit more of a laid-back vibe with more budget options for lodging, Santa Monica is the better choice of California beach town. Malibu will appeal to vacationers seeking a more upscale vibe, as well as a much longer and more varied stretch of coastline.
Is Venice Beach better than Santa Monica?
Venice Beach vs Santa Monica Beach—Both Are Winners
The touristy areas of these cities offer different things. Venice Beach is a vibrant beach locale that’s perfect during the day, whereas the larger Santa Monica provides a wider range of things to do and a much more happening nightlife.