salaryRent here is among the highest 10% in the country. Household incomes are higher than in 88% of U.S. cities. A typical house costs about 13.9 years of household income, so buying is hard for most locals. Most households rent (59%), so there are plenty of rental options. It is a highly educated city: 69.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $128,520 a year. That is $62 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 543 of 653 cities from cheapest to most expensive.
How much do households earn in Beverly Hills?
Share of households by yearly income. 51.0% of households earn $100,000 or more.
Rent by apartment size in Beverly Hills
| Size | Beverly Hills | U.S. average |
|---|---|---|
| Studio | $2,200 | $1,338 |
| 1 bedroom | $2,588 | $1,324 |
| 2 bedrooms | $3,643 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Beverly Hills overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Beverly Hills, so the California figure is shown.
Taxes and bills in Beverly Hills
Life in Beverly Hills
Is it cheaper to rent or buy in Beverly Hills?
Renting is cheaper right now: about $10,664 a month less.
Owning assumes a typical $2,000,000+ home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $200,000 for the down payment.
Frequently asked questions
What is the average rent in Beverly Hills, CA?
Renting in Beverly Hills costs a median of about $3,213 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Beverly Hills?
To keep rent under 30% of income, you need about $128,520 a year, or $62 an hour at a full-time job.
Is Beverly Hills cheap or expensive?
Beverly Hills is rated OK: rent takes 26.9% of the typical household income of $143,416. It ranks 543rd cheapest of 653 California cities we track.
How much are property taxes in Beverly Hills?
The median homeowner in Beverly Hills pays $10,000+ a year in property taxes, about 0.50% of the median home value.
Is Beverly Hills more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Beverly Hills?
The median home value in Beverly Hills is $2,000,000+, about 13.9 times the typical yearly household income.
31,624 people live in Beverly Hills. Numbers are typical (middle) values.