![]() Groceries, utilities, transportation and healthcare costs all run roughly a third more than what the typical American pays. Total housing-related expenses are almost triple the national average, according to C2ER. Rents and other costs for keeping a roof over one's head are similarly elevated in Oakland. But consider this: although median household income in Oakland is 18% higher than the national level, median home values are three times higher than the U.S. The third corner is Silicon Valley, home to tech giants handing out six-figure salaries like candy on Halloween.Ĭompared to its neighbors to the west and south, Oakland might seem a bargain. The second corner is San Francisco, as famous for its sky-high real estate as it is for Alcatraz and Fisherman's Wharf. Oakland anchors one corner of a sort of Bermuda Triangle around San Francisco Bay where affordable prices go missing. Helpfully, California ranks as one of the most tax-friendly states for middle-class families. Transportation expenses are especially stiff, or nearly 32% higher than the U.S. Groceries, utilities and miscellaneous goods and services all cost about 12% more than what the typical American pays. average of $1,369.Īnd the bleeding doesn't stop there. Average apartment rent comes to $3,057 a month, vs the U.S. The average home price in San Diego stands at a whopping $1 million vs a national average of $$452,510. Housing costs are 122% higher than the national average. So what's not to like? Well, living in San Diego can really stretch a budget. Navy, Qualcomm ( QCOM) and the University of California, San Diego. Be it surfing, sailing, hiking, biking, golfing or just exploring Balboa Park, this city on the Pacific has something for everyone.Īnd for those who prefer more sedentary activities, San Diego offers a world-class zoo, museums, professional sports teams and a wide-ranging restaurant scene. ![]() San Diego, with its miles of beaches and nearly ideal climate, is paradise for those who love the outdoors.
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