In Los Angeles, how much money does a family need to make to afford a decent (not luxurious) life?

Answer 1

If you plan on buying a home, median price $560,000+
http://www.findarticles.com/p/articles/mi_m5072/is_22_28/ai_n16484971
you would really need approximately $75,000-$90,000 + per year to live comfortably. Although most don't make this much and mortgages eat up the majority of salaries.