Disclaimer: NerdWallet strives to keep its information accurate and up to date. There are ways to trim that down. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Are you getting ready to go on that house hunting safari in San Diego? somewhere else. San Francisco has a little bit more than half the population of San Diego, with about 860,000 residents compared to San Diego, with over 1,400,000 people. One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. The house is a significant financial investment, and we respect that about real estate. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. 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. READ: 7 Reasons to Buy a Home in San Diego in2023 | 2024. You could eat out less, cut back on takeout and cook more often. We all know that San Diego gets better and better as every day passes, and it isnt easy to keep up with all the success. What is causing this? BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. Of course, San Francisco does have sports and cultural events, but we are not the small-town USA. Wages are not rising as fast as prices are, said Dr. Alan Gin, economics professor for the University of San Diego. Utilities tend to cost 21.92% higher. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. Health related expenses are 6.1% more in San Diego. The San Diego airport, while an international airport, is smaller than SFO. We ask that you allow us to explain what we can do to make things easier for you. San Diego rent, for instance, is 61% less than San Fran. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. To get the best mortgage loan, know how much you can afford and shop like the bargain hunter you are. Disclaimer: NerdWallet strives to keep its information accurate and up to date. In other parts of the country, income is lower, but housing prices are much lower, so they pay a lower portion of their income for housing, said Dr. If you dont think so, then please explain why the cost of buying a house is so ungodly high in San Francisco. Even with all these job opportunities and these higher annual salaries, when added up, it still costs less to live in San Diego than San Francisco. Once you understand what they cover, they'll look less overwhelming. option. San Diego has a sales tax of 7.75%, and San Francisco sales tax is 8.5%. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. 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. If you compare the average housing price here with the average income, a higher portion of income is required to afford housing here than any other place in the country., San Diegos housing market is quite expensive right now and its still on the increase, said Chris Anderson, board president for the San Diego Association of Realtors. San Fran offers employment to both the white and blue collars of society. In conclusion, it seems that San Diego would be the better option for people who want to move to a colorful, big city with fast traffic and vibrant cultures. This assumes net earnings (after income tax). 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 the price of goods and services varies from one city to the next, calculating the cost of living will determine how affordable it is to live in a certain area. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. San Francisco has a better sports record than San Diego, and the figures dont lie. San Francisco, California is one of the Worst cities in the United States for driving. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Get free guidance on changes you can make to afford more home, without spending more. We submit that is the same case when it comes to real estate. Nowletslook athow San Diegos cost of living and incomes levels compare to Miami, FL. The BestPlaces.net comparison between the two cities ratesSan Diego at 279. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. (Below 100 means cheaper than the US average. 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. In fact, San Francisco ranks fifth on the list of most expensive American cities. 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. Use the link below to embed the infographic from our site and automatically keep the data layer up to date. While America watched the Tanner children of Full House grow up in one of San Franciscos famed Painted Lady Victorian homes, lets be honest, this isnt how most San Francisco residents live. 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. The cost of living in San Diego, CA is -19.7% lower than in San Jose, CA. You should rely on this information only to decide whether or not to further investigate a particular property. Since there are football, baseball, basketball, hockey teams, you can go to a lot of games. San Diego's 7 Best Places to Live in 2023 | 2024 (Trending), San Diego Housing Market Forecast for 2023 | 2024 (Updated), 5 San Diego Housing Predictions for 2023 | 2024 (Top Post), 5 (Hot) Up and Coming San Diego Neighborhoods in 2023 | 2024, San Diego Housing Bubble? San Francisco has a higher cost of living than San Diego. That translates to an annual pre-tax income of $92,280. Fill out our form here & well schedule a call with you! California already imparts a 7.25% sales tax anywhere in the state. Terms and ConditionsDisclaimerPrivacy PolicySitemap, San Francisco vs San Diego (Cost of Living & Lifestyle Comparison). The average time for commuting in San Francisco is 44.56 minutes. TheSan Diego Metropolitan Transit System(SDMTS) provides public transportation for Central, South, Northeast, and Southeast San Diego County. The best things in life might be free, but San Francisco charges an arm and a leg when it comes to essentials. But even then, the price of groceries is going to significantly influence your cost of living. So, if you want to live in luxury digs in La Jolla or perhaps a middle-class home in Chula Vista, we have you covered either way. Theaverage home pricein San Diego is a little bit over $800,000, and the average home price in San Francisco is just below $1,500,000. A crowdsourced database with a cost of living calculator for prices comparison in 9294 cities in 197 countries all over the world. 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. 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. 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. In summary, San Fran has the sixth biggest economy in all of the U.S, while San Diego is the fourth largest economy in California and the seventeenth in America. If you can't find a city, you can type the state name to see all cities available in that state. As different as they may be, both are iconic in their own way to SoCal or NorCal history and culture. The largest increases were found in Transportation, Food, and Housing. NEW POST: San Diegos Best 5 Private Country Clubs in2023 | 2024. Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. 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. San Diego Housing Options Homes For Sale Lowest Priced Homes What a person should remember in comparing the two cities is that both have one major thing in common: these are high-priced metropolitan areas compared to other parts of the United States. A low rate can save you hundreds each year. Adults find that moving can sometimes be an emotional and stressful experience. Take Advantage of What a Professional Can Do. Keep in mind that the tickets tend to be expensive, so you need to manage your entertainment budget carefully. That said, the two Californian cities offer a variety of transportation systems that are affordable and available throughout the year. San Diego, on the other hand, is the seventeenth most expensive city to live in. Public transit in San Francisco, CA will cost you around $91.00 per month. For over a decade, weve had hardly any new builds, so we just have not had the supply to satisfy the demand.. The median rent in San Diego, on the other hand, is$1695. Thats over a hundred dollars more just on groceries alone. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. San Diego, CA New city San Francisco, CA Pre-tax household income To maintain your standard of living in San Francisco, CA, you'll need a household income of: $64,369 The cost of. This not only means less options, but small airports are notoriously expensive. If you are coming from San Diego, according to our data supplied by Numbeo below, it will cheaper to live in Hawaii. Message and data rates may apply. When evaluating offers, please review the financial institutions Terms and Conditions. All financial products, shopping products and services are presented without warranty. VISIT: 5 Best Places to Live in San Diego for Military in2023 | 2024. and 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. If you prefer to download the image, please credit us as a source. 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. San Francisco is 68.2% more expensive than San Diego. NerdWallet excluded state and local tax data because tax rates vary by state and metropolitan area, and sometimes within metropolitan area as well. In addition, the house may have some structural problems that are not seen because the buyer does not know where to look. We believe that having a roof over your head in San Diego costs considerably less than San Francisco. Required fields are marked *. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. You would have to earn a salary of $82,720 to maintain your current standard of living. 2 in the U.S. for public transportation quality. Like it or not, the buyer is liable for the balance on that budget unless they insist on the seller paying off the balance. How is this tool different from other resources out there? NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). A low rate can save you hundreds each year. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. 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! This is only $1,900 more per year than the nationwide average of $66,665/year, yet the cost of living in San Diego is 44% higher than the national average. Finding you the best possible home and saving you thousands of dollars are what we do best. San Diego residents are more likely to own their property than those in San Francisco. You may use this information only to identify properties you may be interested in investigating further. San Diego is 25.5% more expensive than Denver. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your, You are in luck! Expenses for family in San Diego is cheaper/expensive than San francisco, and for bachelor/students its affordable to San Diego Vs San francisco. Most Californian cities are known for providing a variety of job opportunities, including Los Angeles, San Francisco, and San Diego. Unfortunately, the high prices of homes in San Francisco have spilled over into the . Related Article: San Francisco vs. Phoenix. Lets be honest, we dont just spend our money on food, housing, and transportation. San Francisco has a higher cost of living than San Diego. Because the price of goods and services varies from one city to the next, calculating the cost of living will determine how affordable it is to live in a certain area. As a result, youll find that traffic congestion is more likely to happen in San Fran than they would in San Diego. If youre considering moving to California, pack those bathing suits, because youll get more for your buck in San Diego. from the Council for Community and Economic Research. Seatle's land area doubles San Francisco's at 83.8 square miles. You could eat out less, cut back on takeout and cook more often. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. The same type of job in the same type of company in San Diego, CA will typically pay $51,593 . 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. When evaluating offers, please review the financial institutions Terms and Conditions. But we still can get to where we want to go faster. Crowdsourced data is a vital part of the Internet, help us become better! This element is especially important for those of you with children whom you want to enroll in a great, educating environment that you can trust. What is the breakdown of the cost of living? Factor in too, that the collective tax burden in San Fran currently stands at 8.63%, including state tax. You can pick and choose the best gym for you, some are more barebones, some are almost spa-like. A ride onone of them costs $8, and you pay every time you get on one. The average salary after tax is $5561, which should cover living costs for almost a couple of months. Walkability and public transit scores were obtained fromWalk Score. We are not sure, but please dont blame everything on San Francisco Bay. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. The cost of living in San Diego, CA is -27.5% lower than in San Francisco, CA. San Francisco has Ocean Beach. Sports tickets can increase your, Even if you are moving within your current state, the cost of moving could be over $1,000 depending on the city, what you are moving, and how much professional help you hire. A comparison between San Diego and San Francisco is pretty stark. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. We have been in the real estate market here in San Diego for years, and we know the metropolitan area from Oceanside to Imperial Beach. Of all the American States, San Francisco is the 17th in terms of population, while the neighboring San Diego, is the 8th. 100 = US Average. Cost of Living Comparison Between San Francisco, CAand San Diego, CA You would need around 7,589.2$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. 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}. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from theU.S. Census. The cost of electricity can have a bigger than average impact of your overall, It is difficult to exactly predict the cost of child care in any city, which for parents, is a large part of the, In San Francisco,CA, the median rent for a 1 bedroom apartment is $2459, and for a 2 bedroom apartment is $3089. Those are the kind of people who believe they will save money by not paying real estate commissions. San Diego Zoo isranked #2in the Best Zoos in the US to Visit in 2021. Check out the website for San Francisco, California to find opportunities and activities in the new location like parks, beaches, museums, or playgrounds that kids will enjoy and look forward to visiting. There are ways to trim that down. Current city San Francisco, CA New city Select city Pre-tax household income Los Angeles-Long Beach Comparable Income:. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. San Francisco, California is ranked NO. According to the council, C2ER produces the Cost of Living Index to provide a useful and reasonably accurate measure of living cost differences among urban areas. If you need assistance with finding the right financing, we make that chore a lot easier. The trouble in San Francisco is that staying alive in the City by the Bay takes a lot out of a persons paycheck. The cable fare quickly swallows up what you save in gas money by not driving a car. You would have to earn a salary of $43,520 to maintain your current standard of living. The overall comparison between the cities has San Diego at 160.1 and San Francisco at 269.3. Thats due to its large Hispanic population and its vivid history as part of Spanish America. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. It is comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities.. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. By proceeding, you consent to receive calls and texts at the number you provided, including marketing by auto-dialer, pre-recorded voicemail, and email, from this site's operators about real estate related matters, but not as a condition of purchase. 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. 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. If you like to go to a gym, a gym membership in San Diego runs about $44 a month, and in San Francisco, its almost $90. A final slam we would like to point out is that San Francisco may think it is hipper and more exciting, but San Diego is more youthful and vibrant. Do you own a home in San Diego and want a fast, free, and automated home valuation in 30 seconds or less? Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. 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. How is this tool different from other resources out there? San Diego is more spacious and has better beach access, while San Francisco is often better for people seeking career advancement. San Diego has a sales tax of 7.75%, and San Francisco sales tax is 8.5%. Gin. You have to remember that once the deal is struck and the closing papers are signed, you own the house warts and all. We help you develop a house-hunting strategy that stresses affordability and a neighborhood that you will feel comfortable living in. Since San Diego is located on the border, its heavily affected by the colorful Mexican and Hispanic cultures. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. San Fran, on the other hand, is the preferred city of single people who enjoy multicultural communities, mild climates, and diverse nightlife activities. We are convinced that San Diego stands up very well against San Francisco, thank you very much. By clicking Send I/We agree by electronic signature as stated below: 1) To be contacted by telephone even if the telephone number appears on a State/National Do Not Call registry or any companys Do Not Contact lists. Prices for goods and services in San Diego and San Francisco are partly crowdsourced by our visitors, just like yourself. Find out what the latest and greatest San Diego home loans are right now. In fact, if youre flying out of San Diego, the chances of you having a layover in San Francisco are quite high. Yes, San Diego does have homes that are in the six figures. The average commute time in San Francisco is about 30 minutes, and in San Diego, about 20. Dining out can get pricey anywhere you live, but on average, a dinner for two in San Diego will be about $75, and in San Francisco, about $80. Its tough. We have good sports teams and refined arts, so we really dont care if San Francisco is a tad better. The weather, traffic, time of year, day of week and if there are accidents, can all impact your commute time.
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