13 facts about Los Angeles that will make you think twice about whether you can afford to live there

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The median home price in this glamorous city is $420,300.

From iconic music venues and the mansions of Beverly Hills to mouthwatering Korean barbecue joints, Los Angeles is an exciting place to be.

If you're thinking about making the move, it might be a good idea to crunch some numbers: Like most cities, the cost of living in Los Angeles is high.

We rounded up a series of facts about the true cost of LA life to give you an idea of just how pricey it can get: