salaryRent is higher than in 74% of U.S. cities. A typical house costs about 8.2 years of household income, so buying is hard for most locals.
How much money do I need?
To rent here comfortably, you should earn about $84,400 a year. That is $41 an hour at a full-time job.
Is rent cheaper than other California cities?
Yes. Rent here is cheaper than in most of California. It is number 257 of 653 cities from cheapest to most expensive.
How much do households earn in Lomita?
Share of households by yearly income. 40.8% of households earn $100,000 or more.
Rent by apartment size in Lomita
| Size | Lomita | U.S. average |
|---|---|---|
| Studio | $1,798 | $1,338 |
| 1 bedroom | $1,605 | $1,324 |
| 2 bedrooms | $2,198 | $1,509 |
| 3 bedrooms | $2,244 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lomita 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 Lomita, so the California figure is shown.
Taxes and bills in Lomita
Life in Lomita
Is it cheaper to rent or buy in Lomita?
Renting is cheaper right now: about $3,659 a month less.
Owning assumes a typical $831,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $83,150 for the down payment.
Frequently asked questions
What is the average rent in Lomita, CA?
Renting in Lomita costs a median of about $2,110 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Lomita?
To keep rent under 30% of income, you need about $84,400 a year, or $41 an hour at a full-time job.
Is Lomita cheap or expensive?
Lomita is rated OK: rent takes 25.0% of the typical household income of $101,174. It ranks 257th cheapest of 653 California cities we track.
How much are property taxes in Lomita?
The median homeowner in Lomita pays $6,232 a year in property taxes, about 0.75% of the median home value.
Is Lomita 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 Lomita?
The median home value in Lomita is $831,500, about 8.2 times the typical yearly household income.
20,225 people live in Lomita. Numbers are typical (middle) values.