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Living here

Cost of living in Beverly Hills

Housing is much more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$2,805/mo

108% above US

Median home value

$2,000,001

559% above US

Median household income

$127,979

63% above US

Rent as share of income

26%

US 21%

Home price to income

15.6×

US 3.9×

Sales tax

10.25%

Rent by number of bedrooms

Studio$2,151a month
1 bedroom$2,402a month
2 bedrooms$2,964a month
3 bedrooms$3,760a month
4 bedrooms$4,208a month

HUD 2027 fair market rents for Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

How Beverly Hills compares

Median monthly rent
Median home value

Taxes

Compare with nearby cities

Life in Beverly Hills

Pacific Theatres Robertson, Beverly Hills
PacificTheatres RobertsonMinnaert · CC BY-SA 3.0
Wallis Annenberg Center for the Performing Arts looking North-West 2015, Beverly Hills
Wallis Annenberg Center for the Performing Arts looking North-West 2015Toglenn · CC BY-SA 3.0
Sterling Plaza Beverly Hills 2015
Sterling Plaza Beverly Hills 2015Toglenn · CC BY-SA 3.0

Questions

Is Beverly Hills expensive to live in?

Housing in Beverly Hills is much more expensive than the national average: median rent is $2,805 (108% above US) and the median home value is $2,000,001 (559% above US).

How much is rent in Beverly Hills?

The median gross rent is $2,805 a month. HUD’s 2027 fair market rents for the area are studio $2,151, 1 bedroom $2,402, 2 bedrooms $2,964, 3 bedrooms $3,760, 4 bedrooms $4,208.

How much of their income do renters spend in Beverly Hills?

At the median, a year’s rent ($33,660) equals about 26% of the median household income ($127,979); nationally it’s about 21%.

What are taxes like in Beverly Hills?

Sales tax is 10.25% and property taxes run about 0.50% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; CDTFA California City & County Sales & Use Tax Rates.

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