The California Exodus: Cheaper Homes, Soaring Prices Elsewhere
TL;DR Summary
New data show that while many Angelenos fled to cheaper cities, those destinations have since seen faster rent and home-price growth, narrowing the savings from leaving California; a Times analysis finds all 10 top destinations for L.A. migrants from 2020–2025 now have higher cost-of-living increases than L.A., though they still remain cheaper overall than Los Angeles, and housing affordability remains a national challenge.
Topics:business#california#cost-of-living#housing-affordability#los-angeles#migration#real-estate-trends
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