How to Live Cheap in Los Angeles

February 7, 2024
February 7, 2024
How to Live Cheap in Los Angeles

If your goals are set to making a career and building your wealth in Los Angeles, you will first need to work on how to live in LA on a budget. While Los Angeles ranks as the most expensive place to live in the U.S, it doesn’t mean it’s only for the already wealthy.

You want something, you find a way to reach your goals. So let’s take on the adventure and learn some useful tips for living on a budget in the City of Angels

  1. Pick Your Grocery Store

Something as simple as grocery shopping can cost you more than you can reasonably afford. The best tactic living in LA? Compare the rates in various stores. You’ll be surprised at the difference you find.

  1. Use Public Transit

The cost of parking added to the cost of fuel makes driving your own car around way too extravagant. It could cut your travel expenses in half if not more.

  1. Shop Smarter

If you do need to shop, hunt down the flea markets where you’ll find great bargains. Shop in markets that aren’t so tourist-centered as West Hollywood or Beverly Hills.

  1. Cut Out Gym

Gym payments could prove exorbitant when trying to stay within a budget in L.A. Forget what you can’t afford—you can work out anywhere. With the lovely weather in Los Angeles, you can go for a run. You could even work out at home by doing crunches, cardio, HIIT and even lift filled gallon bottles for weights.

  1. Eat Cheaper

Try to cook your meals at home more often. When eating out, try eating at the many food trucks, rather than the expensive restaurants.

  1. No Cable or Satellite

Do without non-essentials. There are many free activities to keep yourself occupied in L.A, outside your TV.

  1. Join a College

If you plan on studying in L.A, make sure to make use of the students’ facilities and discounts.

  1. Monitor Your Bills

While you can’t skimp on bills, you can be careful with your utilities to make sure your bills come at a minimum.

  1. Find Cheaper Areas

If you move further away from the beach, the rents do come down. Some neighborhoods that house comparatively cheaper accommodations are;

  • Fashion District
  • Lakeview Terrace
  • Panorama City
  • Norwalk
  • Carson

It’s all in the planning. The cost of living in Los Angeles in 2021 doesn’t need to be beyond your means. These life hacks to cheap living in Los Angeles can allow you to stay within your means and even build up your savings in the process.

Are you planning on moving to LA? Share your experience and tips on surviving financially in Los Angeles?

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