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Old 08-15-2008, 06:57 AM
 
Location: South Bay
208 posts, read 713,460 times
Reputation: 86

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your salaries seem totally adequate, although you wont find a home anywhere for that price. you may find a 1 bedroom condo for 300k in the Redondo Beach area but definitely not a house. renting for a while seems like a good idea to me... also, fyi check out south bay chat if you wan to get some local info on the south bay
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Old 08-15-2008, 06:58 AM
 
Location: Hot Springs, AR
5,612 posts, read 9,678,529 times
Reputation: 3630
Quote:
Originally Posted by imotivation View Post
Interesting comments to come across while pondering relocating to LA w/combined salary of a lot less than $185k...more like $115k, with a 12yro kid.

Bet you're wondering who would consider such a move? A MICHIGANDER!!! Who's job could be in jeopardy. MI unemply rate is highest in the nation @8.75%, the job market sucks, it's what they call "an employers market" out here...job cuts, salary cuts and caps. I'm only 32...I'm looking to advance after recently acquiring a BA, not regress. I fear becoming stagnant in michigans depressing economy.
Is this doable on $115k income for 3? with an apartment near a good school district for approx. $1700-$2k/mo? Will hubby need to get a part-time job?
Also, considering there is strong possibility for advancement w/current emply...

Give it to me straight up...no sugar coating!
Your current income would not be an issue, but could you make that here? If so, you'll be just fine as long as your job skills stay in demand. Your budget will allow you to live in Culver City area but you would need around $2500 on the Westside.
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