Rent prices around the nation continued to climb in April, but costs are especially burdensome for Angelenos, who need to make in excess of $100,000 a year to comfortably live and pay their landlords, according to a report released Thursday.

The price for a “typical rental” in Los Angeles just reached $2,920 per month, meaning tenants will need to make almost $117,000, Zillow’s Rental Market Report states.

The report describes living comfortably as spending no more than 30% of one’s income on rent.

Rent in Los Angeles has grown 2.4% in just the past year, according to Zillow, which added that prices for single-family rentals are growing much faster (4.3%) than multifamily units (1.6%).

California’s gas prices are significantly higher than this time last year

In addition, U.S. rents have grown 1.5 times faster than wages since 2019, according to a Zillow and StreetEasy analysis also released this week.

According to the study, New York City had the largest gap in the country, as rent there grew more than seven times faster than wages last year.

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