The country's second largest city is a magnet for striving film stars and media moguls. The glitz of Hollywood and shops on Rodeo Drive all add up to the need for a nice income to live just an average lifestyle in L.A. Homes are expensive, costing roughly $300,000 more than an average home in most other US cities. Yet the median household income is less than the national average by about $4,000. Just getting your car from point A to point B can cost you 25% more than it would elsewhere, due to the snarling traffic conditions.
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