If youre considering moving to California, pack those bathing suits, because youll get more for your buck in San Diego. 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. Message frequency varies. A post shared by Fit Athletic Club San Diego (@fitathletic), Cost of living in San Diego vs Los Angeles. Once you understand what they cover, they'll look less overwhelming. Big Deal. Energy costs in San Francisco,CA are generally going up. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. There are ways to trim that down. 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? When it comes to staying in shape, both areas have plenty of free options outdoors like hiking, walking trails, nearby state parks, and local parks with great playgrounds for children. 5 Reasons Why It Won't Crash in2023 | 2024. Do not sell or share my personal information. Property taxes are about the same in San Francisco and San Diego; however you will see a difference in the sales tax. Your email address will not be published. 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. The average time for commuting in San Francisco is 44.56 minutes. Due to the plethora of state taxes, local taxes, jurisdictions and assessment procedures involved in the assessment of income, property and sales taxes, local tax rates cannot be accurately calculated. Our partners cannot pay us to guarantee favorable reviews of their products or services. Based on data collected by NOAA National Climatic Data Center, San Francisco is considered to have one of the most favorable climates in the country based on comfort and number of days with clear skies. It would be hard for anyone in San Francisco to find a place to rent under $3,000 a month. The exorbitant costs are never entirely offset by the higher wages, and not everyone has jobs that afford them these higher salaries, though everyone DOES have to pay all the higher costs of living in the San Francisco area. The City by the Bay believes it is better, but we would have to suspend all disbelief to buy that story. Learn how the FHA streamline is for you. Do you want to put down 10.01%, have no mortgage insurance, get an unlimited loan amount, and have access to creative financing like interest only or a 40 year term? To summarize, either city would be a great choice to educate your children and ensure a bright career for them. Both San Francisco and San Diego have wonderful dining options and cuisine. READ: 5 (Hot) Up and Coming San Diego Neighborhoods in2023 | 2024. Negotiating is one of our specialties. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. San Diego residents are more likely to own their property than those in San Francisco. The cost of living in San Diego is 15% less expensive than in San Francisco. Balboa Park, where the Zoo is located,ranks #3in the Top 10 City Parks in America. We have good sports teams and refined arts, so we really dont care if San Francisco is a tad better. Cost of Living Calculator | City and Salary Comparison Tool - NerdWallet 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. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. A ride onone of them costs $8, and you pay every time you get on one. 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! A four-bedroom house in either will cost considerably more than what you would pay in Dayton, Ohio. San Diego, California's cost of living is 44% higher than the national average. San Diego, for instance, is known for its San Diego Metropolitan Transit System. That is better than San Franciscos Golden Gate Park that comes in at #8 in the listing. So, it would make sense that commuting would be a little bit easier in a smaller city, right? According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. 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? Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. You should rely on this information only to decide whether or not to further investigate a particular property. Weekly trips to the grocery store can add up, especially if food costs are high where you live. The average salary in San Diego is $68,565/year, which is about $32.96/hour. This makes utilities another sector of our cost of living comparison which seems to be rather similar in cost. 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. On the other hand, San Diego is located near the Mexican border and its size is an impressive 325.9 square miles. 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. Take Advantage of What a Professional Can Do. Though fluctuating, gas prices in both cities are pretty equivalent, but wear and tear on your car will probably be higher in San Francisco, just due to the greater amount of time spent on the road. In general, in the past year, rental costs in San Francisco have increased by approximately 2.7%. He bought his first investment property at the age of 21, became licensed at 22, and a broker at 24. The phrase let the buyer beware is very good advice no matter which town you decide to go house hunting. Since rental expense makes up a significant part of the, Because University of California at Berkeley, University of California, is located in San Francisco, there is a large student population. 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. San Diego has a sales tax of 7.75%, and San Francisco sales tax is 8.5%. You could eat out less, cut back on takeout and cook more often. Related Article: San Francisco vs. Philadelphia. A trolley car ride in Frisco is$2.25 per ride. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. If you are coming from San Francisco, according to our data supplied by Numbeo below, it will seem less expensive to live in Hawaii. 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. Here's how to know how much you really need. Cost of Living Comparison Between San Diego, CA, United States - Numbeo Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. As different as they may be, both are iconic in their own way to SoCal or NorCal history and culture. Housing, grocery, and health costs average similar numbers as the rest of the Golden State. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. You also agree to our Terms of Service, and to our Privacy Policy regarding the information relating to you. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. How much money do you need to buy a home in San Diego, CA? According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. The best things in life might be free, but San Francisco charges an arm and a leg when it comes to essentials. San Francisco, while small, is home to many people because of its booming economy and rich history. Required fields are marked *. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Final Thoughts With everything the city has to offer, living in San Francisco is a dream. 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 information may be different than what you see when you visit a financial institution, service provider or specific products site. We can sit down and talk about real estate and plan your adventure into the San Diego housing market. Cost of Living Calculator | San Diego, CA - NerdWallet Thinking about moving to another city? Its theater scene is also better than ours, sad to say. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. Plan on spending more on gas and auto expenses if you move to San Francisco, California, resulting in a higher. VISIT: San Diegos 9 Best Beach Towns to Buy a Home in2023 | 2024. The cost of living in San Diego, CA is -27.5% lower than in San Francisco, CA. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. San Francisco is 68.2% more expensive than San Diego. And it adds up. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. If you dont think so, then please explain why the cost of buying a house is so ungodly high in San Francisco. Fill out our form here & well schedule a call with you! Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Most Californian cities are known for providing a variety of job opportunities, including Los Angeles, San Francisco, and San Diego. 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. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. San Diego is one of the least affordable areas in the country where housing, gas prices, utilities, and other costs are a concern. San Francisco, California going out to eat at a restaurant and buying food is considered to be affordable. Where we really see the food and dining cost difference between the two cities is in the grocery bills. While other resources provide basic cost comparisons. Use the link below to embed the infographic from our site and automatically keep the data layer up to date. San Diego is home to enriching Mexican and Hispanic cultures as well as their delicious cuisines and great music. You could eat out less, cut back on takeout and cook more often. Call or email us to get started on your search for your perfect home in San Diego. Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. San Diego, CA area prices were up 2.6% from a year ago. That said, the two Californian cities offer a variety of transportation systems that are affordable and available throughout the year. San Diego vs San Francisco - Cost of Living Comparison The cost of living in San Diego is 18% less expensive than in San Francisco. You also agree to our, This site is protected by reCAPTCHA and the Google. Get matched with a top agent in your area. Public transit in San Francisco, CA will cost you around $91.00 per month. Before you get the keys to your new home, you'll have to pay closing costs. Thats a lot of money! Proximity to employment is an important consideration because it can drastically impact your cost of living. Related Article: San Francisco vs. Seattle. 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. We believe everyone should be able to make financial decisions with confidence. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. San Fran offers employment to both the white and blue collars of society. Thats over a hundred dollars more just on groceries alone. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. Get free guidance on changes you can make to afford more home, without spending more. 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. Comparatively, San Diegos tax burden is 7.75%. Getting to work is important. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. , a nationwide ratings system that evaluates schools based on performance on state achievement tests. With the above facts in mind then, its safe to determine that San Diego would be a better place for people who like wide, open spaces and the metropolitan feel. As a result, youll find that traffic congestion is more likely to happen in San Fran than they would in San Diego. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. San Diego is 25.5% more expensive than Denver. from the Council for Community and Economic Research. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. 2023 Cost of Living Calculator: compare San Diego, California to San At $36,000 a year, thats more money than many receive in income, and that money is just washed away, as renting is never an investment youll later receive benefits from. 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. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. 1 and San Francisco at 596.2. As per the data from our users average cost of living in San Diego, Us is expensive/cheaper than San francisco, Us. 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. 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. Call or email us to get started on your search for your perfect home in San Diego. Related Article: San Francisco vs. Phoenix. How Much Down Payment Do You Need to Buy a Home. 2) To this websites Privacy Policy and Terms of Use. Do not sell or share my personal information. Cost of Living in San Francisco, CA 2023 - Apartment List Employers in San Diego, CA typically pay -14.0% less than employers in San Jose, CA. San Fran, on the other hand, is the preferred city of single people who enjoy multicultural communities, mild climates, and diverse nightlife activities. 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? Full cost of living comparison of San Francisco, California vs San Diego, California. The weather in San Francisco is ideal. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests.