In Los Angeles, the high cost of living has pushed many residents to consider relocating. A recent survey found that 80% of LA residents have thought about moving away due to financial pressures. The median home price in the city has soared to $850,000, making homeownership a distant dream for many. Rentals are also expensive, with the average rent for a two-bedroom apartment reaching $2,500 per month. Despite the allure of scenic views like those of Silver Lake and Atwater Village, the financial strain is palpable. Many families find themselves squeezed into homes that are too small for their needs, with the article highlighting a family of four living in a two-bedroom house. The struggle to afford basic living expenses in LA is driving residents to seek more affordable locales.
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