4 ms·
Cost of living. Cost of living. Cost of living. $85,000 in San Francisco will not get you much. The same amount in Kansas will have you living like a king.
by bgentry 15y ago
Cost of living.
Cost of living.
Cost of living.
$85,000 in San Francisco will not get you much. The same amount in Kansas will have you living like a king.
- baddox 15y agoNot get you much? Perhaps that's true if you're supporting a family of four with only your income, but if you're single, 85k is pretty darn decent. Granted. I don't know if you can find an apartment in SF right now regardless of how much money you've got.
- ubi 15y agoTook me 2 months to find a place in sf, rent < 1600/mo Per bed.
- baddox 15y agoWas that within the last 4 months? I moved out this July and pretty much had to find a place within 3 or 4 days. In 2 days, I found a room (granted, far away from downtown and in a house full of random people) for $900 a month. I was a bit disappointed with my place, but in the following month or two I saw the housing market go crazy again, and to this day I hear it's difficult to find a place even if you can afford the offerings, simply because there's huge lines at every open house.
- guelo 15y agoYea but living in San Francisco will get you lots of culture, restaurants, etc. that you won't get in Kansas. Living in SF is just a luxury that some people are willing to pay for, you could live in Oakland and pay half the rent.
- bgentry 15y agoI'm not knocking on SF, I live there and I love it. I'm just pointing out that this "top 1%" article is useless since it does not account for cost of living. The difference in CoL is so drastic between NYC/SF and Kansas that the study might look drastically different if it looked at net income after living expenses.