Los Angeles is a city in the western part of the United States of America. Los Angeles means The Angels in Spanish. It is the largest city in the state of California. It is also the second populous city in the United States of America after New York City. It is one for its luxury lifestyles. In such a city, what can you do with $5000? Read on to know more about the top 5 things $5000 per month can get you in LA.
Los Angeles is a city that has a diverse population living in it. It has people of different ethnic groups living in a peaceful and harmonious way for the past many years. This city is known for its Mediterranean climate, sprawling metropolis, ethnic diversity and last but not least, the Hollywood entertainment industry.
In the following paragraphs, let’s get to know how to survive in LA with $5000 per month and how to make money in LA. We will also answer your question, “Is 15 a good salary in Los Angeles”
Things one can get for $5000 per month in LA
One of the drawbacks of living in LA is that it has a very high cost of living. The following are the top 5 things $5000 per month gets you in LA. As you can see, all of these are basic essentials one needs for a decent life. They are:
- A rental house, which might cost you around $1500 to $2000
- A rental car is better when the person has to commute a lot
- Gas for the car or cars.
- Food for you and your family
- Electricity
Art of making money in Los Angeles
Los Angeles is a city of thousand possibilities. Thusit gives you many opportunities to make money easily. There are many ways, in which one can make money in Los Angeles ranging from a barista to a social media influencer. Los Angeles is a sprawling place with social media profesionals because it is considered a safe city. It is also a great place, with great weather, which social media fans make the most. The followings are some of the ways that answer the question of how to make money in LA:
1. Start driving for Lyft
The first and foremost on the list is quite common. You can start driving for Lyft and can make extra cash when you are free, and when your car is idle. Even if you don’t own a car, you can take a rental and do this job.
The people of Los Angeles love to go to various places by car, because it is the most comfortable mode of transport in the city. So,if you are interested in making some extra cash, you can get a job as a Lyft driver and drop the Los Angelinos at beaches, parties, pubs and even airports.
2. Sell photos
The next best thing to do is sell the picturesque photos that you take of the beautiful LA sunsets and sunrises on the platform provided by Twenty20. Twenty20 is an organization that helps crowd-source stock photos for other companies, which might need them later. All one needs to do this is mobile with a good camera option. WithTwenty20 one can also check the popularity of their photo.
3. Taking surveys and reviewing products
The next thing that can help a person earn money is taking surveys or giving product reviews on the go. This can be done with the mobile market research tool called Surveys on the go. By taking these surveys,you are getting a good opportunity to let out your opinions and thoughts. The best part is that you can make money by voicing your opinions. Most surveys pay a sum of $.10, whereas the surveys with a product review might pay a sum of $10.
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4. Playing games
Yes, you read that right! You can make money with your mobile phones by playing games on your mobile app called Lucky Day. The Lucky Day app has games like blackjack, slots, lotto, and other pretty easy games. This can make people earn anywhere ranging from $1 to $100000.
5. Selling clothes
Another great option to make money in Los Angeles is by selling clothes on Tradesy. it is a platform where you can make money from the designer clothes that you own. This is literally cash in your closet! All one needs is a phone and some great choice of clothes.
6. Walking dogs
Dog walking is another popular way that you can try to make money in Los Angeles. This is because there is an app called Wag! People can sign up to dog walk, dog sit, and provide dog boarding services on this app.
The above methods are followed by people living in LA to earn some extra cash. This brings up a question in our minds, “Is 150K a good salary in Los Angeles?” The answer is yes and it is never too bad to save more.
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Another city another story
Now that we have seen the second populous state and how much one needs to live there, let us see how good 5000 a month apartment NYC is. NYC is a place where it is so hard to find a place to live. So, people would definitely pay a hefty sum for a decent apartment in NYC. Hence 5000 a month apartment NYC is not a high priced rent.
Things one can buy with $1 million in NY
Most people who live in NY would say that they would buy a place for themselves, because properties are suitable investments any day. The top 5 things $1 million can buy you in NY would be a house or apartment, commercial space, starting your own business, investments and an expensive car.
$5000 per month in LA Conclusion
We hope you got to know about the top 5 things $5000 per month can gets you in LA from the above article. It is a great city to live in with a decent income of $60000 a year. With its umpteen money-making opportunities, LA is an excellent choice for aspiring youngsters.
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Hello, my name is Idammah, and I am the founder of Wolfionaire.com, a personal development, and finance blog focused on motivation, success, and wealth. I am obsessed with studying the world's wealthiest individuals and learning about their path to success. I believe anyone can achieve their financial goals with the right mindset and strategies, and I hope to inspire and empower my readers to pursue their own path to success.
