Looking at two cities on opposite ends of the state, with very different landscapes and lifestyles, lets compare the cost of living in San Diego vs. San Francisco. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, Choosing the right mortgage can help make your home buying journey easier and more affordable., Using Cost of Living to Negotiate Your Salary. As for the average SAT test scores, San Diegos range from 1270 to 1480, while San Fran is roughly 1233. With these multimillion dollar businesses, come high paying jobs that bring people flocking from around the country (and even the world) to work for them and live in San Francisco. Employers in San Diego, CA typically pay -13.7% less than employers in San Francisco, CA. Make sure you take this into account as you plan your overall, If you love sports, you will love San Francisco, CA! Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. Its clear people make more in San Francisco, which slightly offsets the higher cost of living. San Diego, on the other hand, is the seventeenth most expensive city to live in. Installation and purchasing the system is of course expensive, but in the long run, it all but abolishes monthly utility costs. Housing Cost 35.57% Lower The rule of thumb is not to spend more. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. But we still can get to where we want to go faster. Fill out our form here & well schedule a call with you! The cost of living in San Diego, CA is -27.5% lower than in San Francisco, CA. San Diego is below the national average, and San Francisco is above it compared to the national figures. In addition, the house may have some structural problems that are not seen because the buyer does not know where to look. If you live on a $150,000 income in San Diego, you'd need to make $213,915 in San Francisco.. If you dont think so, then please explain why the cost of buying a house is so ungodly high in San Francisco. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. The average salary in San Diego is $75,000 a year, and in San Francisco, youll find the average salary to be $97,000 a year. Thats due to its large Hispanic population and its vivid history as part of Spanish America. On the other hand, the average living expense for a single person in San Francisco is $3507, including rent. The overall comparison between the cities has San Diego at 160.1 and San Francisco at 269.3. The cost of living in San Fran can be quite high, but thats only due to its booming economy and variety of job opportunities.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'homecityliving_com-mobile-leaderboard-1','ezslot_15',109,'0','0'])};__ez_fad_position('div-gpt-ad-homecityliving_com-mobile-leaderboard-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'homecityliving_com-mobile-leaderboard-1','ezslot_16',109,'0','1'])};__ez_fad_position('div-gpt-ad-homecityliving_com-mobile-leaderboard-1-0_1');.mobile-leaderboard-1-multi-109{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:15px!important;margin-left:auto!important;margin-right:auto!important;margin-top:15px!important;max-width:100%!important;min-height:600px;padding:0;text-align:center!important}. San Francisco housing costs are 81.2% more expensive than San Diego housing costs. We believe that having a roof over your head in San Diego costs considerably less than San Francisco. So how does San Diegomatch up with other cities? grow up in one of San Franciscos famed Painted Lady Victorian homes, lets be honest, this isnt how most San Francisco residents live. You could eat out less, cut back on takeout and cook more often. The median rent in San Francisco is$1895, and most people in San Francisco rent. Utilities are another somewhat ambiguous cost of living to quantify. Do you own a home in San Diego and want a fast, free, and automated home valuation in 30 seconds or less? Your email address will not be published. And it adds up. Our partners compensate us. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. Thats a lot of money! The Bay Area is full of medical campuses, and is home to the well known cradle of tech. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. This is only $1,900 more per year than the nationwide average of$66,665/year, yet the cost of living in San Diego is44% higherthan the national average. Mission Beach, La Jolla Shores Beach, and Coronado Beach are fabulous! Do these housing costs seem low to you? Terms and ConditionsDisclaimerPrivacy PolicySitemap, San Francisco vs San Diego (Cost of Living & Lifestyle Comparison). San Diego has a sales tax of 7.75%, and San Francisco sales tax is 8.5%. San Francisco has a higher cost of living than San Diego. Wrong. When it comes to San Diego though, Carlsbad schools are fourth in California in terms of school quality. Factor in too, that the collective tax burden in San Fran currently stands at 8.63%, including state tax. San Fran has a transit structure as well, namely San Francisco Municipal Transportation Agency (SFMTA). Others who are more used to small cities and close communities will enjoy San Francisco more. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Yes, San Diego does have homes that are in the six figures. option. The cost of living in San Francisco, CA is 37.9% higher than in San Diego, CA. VISIT: 5 Best Places to Live in San Diego for Military in2023 | 2024. Lets break down some of the other expenses that pop up in day to day life between San Francisco and San Diego. You dont think so? The San Francisco Zoo does not even come close. :-- 31.81% Accomodation Cost For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Incomes are so much higher that they pay a smaller portion toward housing than we do. (Below 100 means cheaper than the US average. Just shy of a million and a half dollars for an AVERAGE home?! Take Advantage of What a Professional Can Do. In fact, San Francisco ranks fifth on the list of most expensive American cities. Having a good public transit system to use will reduce travel expenses and your overall, If you are planning to drive to work, you will be spending a lot of time and gas to get there. TOP POST: San Diego Housing Bubble? To summarize, either city would be a great choice to educate your children and ensure a bright career for them. Comparatively, San Diegos tax burden is 7.75%. Entertainment: A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. According to the latest BLS data, consumers average over $7,000 per year on food expenses. Get Pre-Approved for a San Diego home loan in 60 seconds or less no social security number needed. We believe everyone should be able to make financial decisions with confidence. If you have your sights set on a particular house, we can check it out and discover what hidden problems may be lurking under the rafters. Highlights. Detailed video and post reveals all. Some people purchase a season ticket with a group of friends and take turns going to the games. There are ways to trim that down. When evaluating offers, please review the financial institutions Terms and Conditions. TOP POST: San Diego Mortgage Rates: Trends, Predictions, & Forecasts in2023 | 2024. Additionally, San Fran has equally the same number of public and private schools. San Fran offers employment to both the white and blue collars of society. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. WATCH RELATED: Searching for the lowest gas prices in San Diego (February 2022). The median home price in San Diego is about $680,000, and while thats more than you might pay in Fargo or Pittsburgh, its still attainable for many San Diego residents with average incomes. However, these amateurs lose money in other places. The size of your home and your family will also cause these prices to fluctuate, but generally speaking, the cost of utilities in San Diego is about $134 a month, and in San Francisco, its about $154. Energy costs in San Francisco,CA are generally going up. Cost of Living in San Diego, CA is 35.0% Higher than the National Average Did the Cost of Living in San Diego, CA increase in 2023? Cost of Living in Hawaii vs. San Francisco - 2023 Peter Kay 2023-04-27T04:04:07-10:00 What is Hawaii's Cost of Living vs. San Francisco? This information may be different than what you see when you visit a financial institution, service provider or specific products site. San Diego Vs San francisco Living Comparison. READ: 6 Reasons San Diego is Californias #1 Real Estate Buy in2023 | 2024. Cost of Living Comparison Between San Francisco, CAand San Diego, CA You would need around 7,589.2$in San Diego, CAto maintain the same standard of life that you can have with 8,800.0$ This calculation uses our Cost of Living Plus Rent Index to compare cost of living. We would welcome the opportunity to be your guide. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Example video title will go here for this video. All financial products, shopping products and services are presented without warranty. The house is a significant financial investment, and we respect that about real estate. It is clear that San Diego has many advantages over San Francisco regarding the cost of living. San Francisco, California: San Diego, California: Diff: Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area: Current city San Francisco, CA New city Select city Pre-tax household income Los Angeles-Long Beach Comparable Income:. Ranked 18th vs 8th best cities to live in the United States, and 96th vs 58th among the best cities to live in the world. Luckily, both San Fran and San Diego offer incredible education systems. Get free guidance on changes you can make to afford more home, without spending more. BestPlaces.net doesnt pull punches when it compares the two cities health costs less in San Diego than in San Francisco (89.02 to 100.3), food and groceries are cheaper in Americas finest city (109.72 to 116.6). Frankly, we think we are at the top of the list no matter what New Yorkers had to say about the Big Rotten Apple. Are you getting ready to go on that house hunting safari in San Diego? According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. The Park has museums and theaters all in one area. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. Housing, grocery, and health costs average similar numbers as the rest of the Golden State. Those cable cars that are trademarks of San Francisco, however, are not free rides. But the sales tax is more than an entire percentage point higher in San Francisco, which really adds up when you ring up a bill and see how much more expensive it was than you were expecting. Because of the citys diversity, its home to numerous, different talents and young minds. The cost of living in San Francisco, CA is 25.45% lower than your current city. If youre considering moving to California, pack those bathing suits, because youll get more for your buck in San Diego. Southern California is the land of the best beaches, and San Diego has a claim to some great ones. We are not sure, but please dont blame everything on San Francisco Bay. Thats crazy, even by California standards. SAN DIEGO COUNTY, Calif. San Diego is one of the least affordable areas in the country where housing, gas prices, utilities, and other costs are a concern. Walkability and public transit scores were obtained fromWalk Score. square footage and lot size) with the assistance of an appropriate professional. Call or email us to get started on your search for your perfect home in San Diego. Its fun to compare hometowns, and people in San Diego dont mind contrasting what Americas Finest City has to offer against any other metropolitan area in the United States. Nowletslook athow San Diegos cost of living and incomes levels compare to Miami, FL. We have been in the real estate market here in San Diego for years, and we know the metropolitan area from Oceanside to Imperial Beach. San Francisco is fortunately not as bad as Los Angeles. When evaluating offers, please review the financial institutions Terms and Conditions. More than 77% of San Diego has a commute time of less than 30 minutes to or from work every day, and around 55% of San Francisco has a less than 30 minutes commute, meaning almost half the city is spending more than a half hour in their car in the morning and evening, just to get to work. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. While other resources provide basic cost comparisons,NerdWallets cost of living calculatorand accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. That's probably because we're measuring average costs for the larger metro area, not just the city limits. With the plethora of sunny days, this proves to be both eco-friendly, and an economic endeavor for the homeowner. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from theU.S. Census. In short, both cities were shaped by Latino culture and as such, are always bustling with life and delicious dishes. anywhere in the state. Thats over a hundred dollars more just on groceries alone. Crowdsourced data is a vital part of the Internet, help us become better! San Diego residents are more likely to own their property than those in San Francisco. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. This is only $1,900 more per year than the nationwide average of, San Diegans pay higher % of income on housing than in SF, If you would like to do your own cost of living comparison using your own salary, you can use this, Man killed at house party in East County was previously sentenced for murder, Cloudy and cool week ahead with rain chances peaking on Thursday, San Diego gas prices hit another record high Sunday, Of the best states to live in, California is #48, San Diego sets record for county's highest gas price in history. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Were not sure how many people with average incomes have more than a million dollars sitting around to buy a home with, but if so, we want that job! The average salary after tax is $5561, which should cover living costs for almost a couple of months. The weather, traffic, time of year, day of week and if there are accidents, can all impact your commute time. Walkability and public transit scores were obtained from, Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. VISIT: San Diegos 7 Wealthiest Neighborhoods in2023 | 2024. Learn More: What are the best San Diego neighborhoods? It would be hard for anyone in San Francisco to find a place to rent under $3,000 a month. A five dollar difference isnt huge, but its hard to judge an actual median price on dining out because theres so many types of dining establishments and some are more expensive than others. - The Median Age is 4.0 years younger in San Diego. What are the best San Diego neighborhoods? Each home uses different amounts of electricity, gas, internet, etc. - Median Home Cost is 48% more expensive in San Francisco. Learn how to put down just 3.5%, get a home loan up to $977,500, even if you don't have "perfect" credit Do you have an FHA home loan now, want to skip a payment (or two), lower your interest rate, and save $$ on monthly payments? Cities ranked 45th and 4th ($2965 vs $3507) in the list of the most expensive cities in the world and ranked 35th and 2nd in the United States. We gave San Francisco its props, to be fair, and because we know there is one significant advantage we have over San Francisco: San Francisco is too darn expensive to live in! San Diego is rather relaxing to live at. Price collection by city is conducted in strict conformance with standard specifications at specified times. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. As of 2020, San Francisco has around 840,000 people living in a land area of 46.9 square miles. READ: 5 (Hot) Up and Coming San Diego Neighborhoods in2023 | 2024. A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. - San Diego is 0% more densely populated than San Francisco. That professional can negotiate with the seller or the sellers agent to deduct certain expenses from the final sale price. California already imparts a 7.25% sales tax. The average grocery bill in San Diego is a little over $300, and in San Francisco, youre looking at a bill of about $423. 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A mortgage of over $500,000 is expected in either of these two cities. For example, the cost of an unlimited MetroCard in New York was obtained from the. And it adds up. After abandoning the corporate world in order to indulge his wanderlust, Jason founded Home City Living with his partner Rose to create the premier source of travel information and inside local knowledge on the web to help other would-be global explorers and seekers learn to spread their wings and fly. VISIT: San Diegos 4 Safest (and Least Crime Ridden) Places to Live in2023 | 2024. Updated on Apr 2023. . Your email address will not be published. San Diego has a sales tax of 7.75%, and San Francisco sales tax is 8.5%. Related Article: Seattle vs. Philadelphia. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Learn how to tap into your homes equity with an fha cash out refinance, get up to a $977,500 loan amount, up to 85% loan to value, with a maximum of 56.99% DTI ratio By proceeding, you expressly consent to receive calls and texts at the number you provided, including marketing by auto-dialer, pre-recorded or artificial voice, and email, from San Diego Real Estate Hunter about real estate related matters, but not as a condition of purchase. You should call at least three moving companies for a moving estimate, the cost might be less than you think and you wont have to worry about a friend hurting their back trying to move your heavy furniture. San Francisco, California going out to eat at a restaurant and buying food is considered to be affordable. We believe everyone should be able to make financial decisions with confidence. Please consider telling us about your city. So how do we make money? San Diego, CA is the 13 th most expensive city of database of 304 cities Cost Of Living Housing Costs Median 2-bedroom apartment rent $2,874 Median home price (3BR, 2BA) $947,111. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. The Bay Area is full of medical campuses, and is home to the well known cradle of tech, Silicon Valley, where youll find giants such as Google, Apple, Facebook and many more. San Francisco, California is ranked NO. San Diego at 279. Gin. When evaluating offers, please review the financial institutions Terms and Conditions. Our partners cannot pay us to guarantee favorable reviews of their products or services. Adults find that moving can sometimes be an emotional and stressful experience. San Francisco and San Diego are Californian cities with slightly different cultures. Prices and comparisons for the whole range of expenses: food, housing, going out, etc. READ: San Diego vs. San Jose: Which California City is Best in 2023 | 2024? The same type of job in the same type of company in San Diego, CA will typically pay $51,593 . NerdWallet excluded state and local tax data because tax rates vary by state and metropolitan area, and sometimes within metropolitan area as well. The time you spend commuting is time you do not have to do other things, so it is valuable. There are ways to trim that down. After abandoning the corporate world in order to indulge his wanderlust, Jason founded Home City Living with his partner Rose to create the premier source of travel information and inside local knowledge on the web to help other would-be global explorers and seekers learn to spread their wings and fly. The weather in San Francisco is ideal. The current electric rate cost in San Francisco,CA is 19.39 / kWh, which is the fifth highest compared to the rest of the United States. Unfortunately, the high prices of homes in San Francisco have spilled over into the . The city also gives you the best of both worlds since its culture is as buzzing as it is calming. The cost of living in Hong Kong is 18% less expensive than in San Francisco, CA. The average after-tax salary is enough to cover living expenses for 1.9 months in San Diego compared to 1.7 months in San Francisco. A trolley car ride in Frisco is$2.25 per ride. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Income level needed to maintain similar standard of living: In the Bay Area, the housing prices are higher but so are incomes, said Dr. This is great, even if you are not a student, since there are always lots of free or cheap events to go to and plenty of cheap places to eat. How is this tool different from other resources out there? While other resources provide basic cost comparisons,NerdWallets cost of living calculatorand accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities.

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