4 ms·
The cost of living varies widely in different areas. In many parts of the United States, 100k is a very low salary, due to extremely high living costs. For exa
by pjlegato 3y ago
The cost of living varies widely in different areas. In many parts of the United States, 100k is a very low salary, due to extremely high living costs.
For example, the government classifies a family of four with an income of $149,100 as "low income" in San Francisco, and thus eligible for government welfare benefits.[1]
The median house price in San Francisco is currently $1.3 million.[2]
An average 776 square foot apartment (which is rather small for a family of four) rents for $3,336 a month.[3]
[1] https://www.hcd.ca.gov/sites/default/files/docs/grants-and-funding/income-limits-2023.pdf https://www.hcd.ca.gov/sites/default/files/docs/grants-and-f...
[2] https://www.redfin.com/city/17151/CA/San-Francisco/housing-market https://www.redfin.com/city/17151/CA/San-Francisco/housing-m...
[3] https://www.rentcafe.com/average-rent-market-trends/us/ca/san-francisco/ https://www.rentcafe.com/average-rent-market-trends/us/ca/sa...