From Hollywood to Beverly Hills and back: A lifestyle and living costs comparison

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Los Angeles is one of the most famous cities in the world, with a unique and diverse culture that attracts millions of tourists and residents every year. Two of the most well-known neighborhoods in Los Angeles are Beverly Hills and Hollywood, both famous for their connection to the entertainment industry and glamorous lifestyles. However, while these two neighborhoods are located just a few miles apart, they have some notable distinctions in lifestyle and living costs. Our team of movers at Royal Moving and Storage LA is happy to discuss all the differences, from Hollywood to Beverly Hills and back. We’re exploring these two iconic neighborhoods, so you can gain a better understanding of their unique characteristics before visiting or moving to your favorite.

Everything you should know about Hollywood and Beverly Hills

If you’re considering moving to one of these two world-famous LA neighborhoods, you might be surprised at some of the differences. The local movers Los Angeles residents regularly use can confirm that, while people think Hollywood and Beverly Hills are both expensive and elite, that’s not quite the case. In fact, Hollywood is more diverse and accessible while Beverly Hills is more on the exclusive and luxurious side. What does it mean for people looking to relocate there?

Hollywood is more diverse and accessible

Hollywood is one of the most iconic neighborhoods in the city of Los Angeles, known for its connection to the entertainment industry and vibrant culture. Some of the main facts you should know about this neighborhood are:

  • the cost of living and housing
  • the demographics
  • transportation options
  • the lifestyle

We’re going to discuss them in detail, for both Hollywood and Beverly Hills, so sit back and read on.

The cost of living and housing in Hollywood

As with any popular area in a major city, the cost of living and housing in Hollywood can be a challenge for many residents. Although it’s 28% higher than the national average, the cost of living in Hollywood is still 20% lower than the LA average.

One of the most significant factors impacting the cost of living in Hollywood is housing. The average home price in Hollywood is around $1.2 million. This makes it one of the more expensive neighborhoods in Los Angeles. The high price is due in part to the high demand for housing in the area, as many people are drawn to the excitement and culture of Hollywood.

a view of Hollywood's iconic sign
The cost of living in Hollywood is lower than the LA average.

In terms of rental prices, the median rent in Hollywood is around $2,900 per month. This is slightly lower than the median rent in nearby neighborhoods such as Beverly Hills or Westwood, but it’s still high relative to the average income in the area. However, movers in Hollywood CA know that there is some variation in housing prices depending on the specific neighborhood within Hollywood.

For example, the Hollywood Hills area is known for its luxury homes and high prices. On the other hand, areas such as East Hollywood or Little Armenia may have more affordable options. Additionally, the type of housing can also impact prices, with apartments generally being less expensive than single-family homes in the neighborhood.

The demographic of Hollywood

As with any community, Hollywood is also shaped by its residents, and the demographics of the area are an essential aspect of understanding its unique character. One of the most notable aspects of Hollywood’s demographics is its diversity. The neighborhood is home to a wide range of ethnicities, cultures, and backgrounds, making it a melting pot of different perspectives and experiences. The population of Hollywood is approximately 123,436, with a roughly equal split between males and females.

In terms of race and ethnicity, Hollywood is a predominantly Hispanic/Latino community, with Hispanic/Latino residents making up about 48% of the population. Additionally, Hollywood is home to a significant number of Asian residents, who make up about 12% of the population. The neighborhood also has a sizeable African American population, which accounts for about 8% of residents.

a group of people exploring LA from Hollywood to Beverly Hills
If you’re thinking about moving from Hollywood to Beverly Hills, you should know that Hollywood is more diverse.

Hollywood is also famous for its high concentration of LGBTQ+ residents, with many members of the community attracted to the neighborhood’s vibrant culture and entertainment scene. The area has a large number of LGBTQ+ bars, clubs, and events, making it a hub for the community in Los Angeles.

Transportation in Hollywood

Hollywood is significantly more accessible by public transportation than Beverly Hills. The area is served by several bus routes, which can be an affordable and convenient way to get around the neighborhood and the wider Los Angeles area. The Metro Red Line, a subway line that runs through Hollywood and connects to other parts of the city, is another popular option. However, public transit in Hollywood is not without its challenges, including issues with reliability and safety on some bus routes.

Biking and walking are also popular transportation options in Hollywood, particularly for those who live or work in the area. The neighborhood has several bike lanes and bike-friendly streets, making it easy to get around on two wheels. Hollywood also is a walkable neighborhood, with many shops, restaurants, and entertainment venues located within easy walking distance of each other.

The lifestyle in Hollywood

One of the most notable aspects of the lifestyle in Hollywood is its emphasis on creativity and expression. The neighborhood has a thriving arts and culture scene, with many residents drawn to the area for its vibrant and innovative atmosphere. This is reflected in the many art galleries, museums, theaters, and music venues that call Hollywood home. Additionally, the area is famous for its many festivals and events, such as the Hollywood Bowl summer concert series, the Oscars, and the annual Hollywood Christmas Parade.

woman holding money for moving from Hollywood to Beverly Hills
If you’re moving from Hollywood to Beverly Hills, be ready for the high cost of living.

Beverly Hills is more upscale and exclusive

Living in Beverly Hills is a dream come true for many people, but it’s not just about the glitz and glamour. According to Beverly Hills movers, it’s also a neighborhood that offers a high quality of life, excellent education, and a sense of community. We’ve explored the same factors, for better comparison with Hollywood.

The cost of living and housing in Beverly Hills

Beverly Hills is an iconic neighborhood in Los Angeles County, California, known for its luxury, glamour, and exclusivity. It is home to some of the wealthiest and most famous people in the world, and it offers an unparalleled quality of life, with excellent schools, beautiful neighborhoods, and a strong sense of community. However, living in Beverly Hills also comes with a high cost of living, which can be a challenge for many people. The cost of living in this world-renowned part of LA is a steep 215% higher than the national average.

One of the most significant costs associated with living in Beverly Hills is housing. The median home price in the neighborhood is around $5.9 million, which is significantly higher than the national average. The high cost of real estate is due in part to the limited supply of available properties and the high demand from wealthy buyers. Many of the homes in Beverly Hills are large, spacious, and luxurious, with features such as swimming pools, tennis courts, and extensive landscaping.

The demographics of Beverly Hills

Beverly Hills is home to some of the wealthiest and most famous people in the world, and it has a reputation for being a highly exclusive and affluent community. Although Hollywood is known as the more diverse of the two neighborhoods, the demographic of Beverly Hills is more diverse than many people may realize, with a range of ages, ethnicities, and socioeconomic backgrounds represented.

a group of women laughing and drinking
The population of Beverly Hills is predominantly white.

According to the most recent U.S. Census data, the population of Beverly Hills is approximately 32,278 people, with a relatively even split between males and females. The median age of residents is 43.8 years old, which is slightly higher than the national average. The city also has a relatively high percentage of seniors, with over 18% of the population aged 65 or older.

In terms of ethnic and racial diversity, Beverly Hills is primarily a white community, with over 80% of residents identifying as white alone. However, there is also a significant Asian population, accounting for nearly 9% of the population, as well as smaller populations of Hispanic and African American residents. In recent years, there has been a growing trend of young professionals and families moving to Beverly Hills, attracted by the city’s excellent schools, community amenities, and proximity to employment opportunities in the surrounding areas.

Transportation in Beverly Hills

One of the most popular transportation options in Beverly Hills is private cars. The city is famous for its luxury car dealerships, and many residents own high-end vehicles. In addition, the city’s wide and well-maintained roads make driving an easy and convenient option for getting around. However, residential movers Los Angeles offers know well that traffic can be a problem in Beverly Hills. Traffic jams are common during peak hours or major events, and parking can be expensive and difficult to find in some areas.

traffic jams are a common occurrence all throughout LA from Hollywood to Beverly Hills.
From Hollywood to Beverly Hills, traffic jams are a common occurrence.

Although Hollywood is more accessible by public transportation than Beverly Hills, that’s not to say you can’t get by if you don’t own a car. Public transportation options in Beverly Hills include buses and trains. The city is served by the Los Angeles County Metropolitan Transportation Authority (Metro), which operates bus lines throughout the city and connects Beverly Hills to other parts of Los Angeles County. In addition, the city is home to the historic Beverly Hills Trolley. The Beverly Hills Trolley provides free rides to residents and visitors alike to popular destinations such as Rodeo Drive.

The lifestyle in Beverly Hills

The lifestyle in Beverly Hills is defined by luxury, wealth, and exclusivity. The neighborhood is world-famous for its high-end shopping districts, luxurious hotels, and beautiful neighborhoods. If you’re booking moving services in Los Angeles to move to this neighborhood, you should know that Beverly Hills also offers a wide range of recreational activities for residents and visitors. The city is home to several beautiful parks, including Roxbury Park and Beverly Hills Gardens Park, which offer hiking trails, sports fields, and playgrounds.

The city is also home to several world-class golf courses, including the Beverly Hills Country Club and the Los Angeles Country Club. For those who enjoy cultural activities, the city is home to several museums. The Paley Center for Media and the Museum of Tolerance are just some of the places you can visit.

a view of Beverly Hills
Beverly Hills is famous for its vibrant, elite lifestyle.

Beverly Hills offers a vibrant nightlife, with a range of bars, nightclubs, and restaurants to choose from. The city is home to several high-end hotels, including the Beverly Hills Hotel and the Peninsula Beverly Hills, which offer world-class dining and entertainment options. For those who love live music, the city is home to several venues, including the Saban Theatre and the Wallis Annenberg Center for the Performing Arts. In addition, the city is famous for its celebrity sightings, and visitors may have the opportunity to rub shoulders with their favorite stars at one of the city’s many hotspots.

Moving from Hollywood to Beverly Hills or anywhere in between will be easy when you know all the facts

While both Hollywood and Beverly Hills are iconic neighborhoods in Los Angeles, there are notable differences in lifestyle and living costs between the two. Hollywood, with its diverse community and relatively affordable living costs, offers a more accessible and laid-back lifestyle for those looking to experience the creative energy of the entertainment industry.

On the other hand, Beverly Hills is famous for its luxurious homes, high-end shopping and dining options, and A-list celebrity residents. It provides an exclusive and glamorous lifestyle with significantly higher living costs. Ultimately, the choice between these two neighborhoods will depend on personal preferences and financial considerations. Whether you choose to move from Hollywood to Beverly Hills or vice versa, both offer unique experiences that make them popular destinations for residents and visitors alike.

References:

  1. https://www.census.gov/quickfacts/fact/table/beverlyhillscitycalifornia,losangelescitycalifornia/PST045222,PST045221
  2. https://www.noradarealestate.com/blog/los-angeles-real-estate-market/

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