How expensive is the cost of living in San Francisco? The income of 33 M is still considered inferior.

Have a dream of living abroad? Where do you want to stay? Most certainly aspire to live in America, because America is the center of everyt...


Have a dream of living abroad? Where do you want to stay? Most certainly aspire to live in America, because America is the center of everything in the world, especially when watching Hollywood movies, the delights in life in America add to the feeling of wanting to live there. Life in pleasant America must live in New York, but it feels too expensive to live there, where are you going? San Francisco? A somewhat lesser-known city, as long as you know where the cost of living is just as expensive, not believing, see these 13 things.

1. The Bay Area is the place where most rich people live

The average household income in San Francisco is 98,710 US dollars if it is estimated at around 1.4 billion, and that is about 63% higher than the national average household income which is in the range of 60,336 US dollars if it is estimated at around 868 million.

San Francisco is also the city with the most Billionaire in America, the Bay Area is home to the most wealthy people, compared to other metropolitan places in America, so it is not wrong if the household income there is significant, which will impact in various aspects.

2. The cost of renting a residence in San Francisco is more than 4,000 US Dollars

In San Francisco, the average rental cost for a residence is 4,506 US dollars if it is estimated at around 64 million, while the average rental price in America is generally only about 1,700 US dollars, if it is estimated at around 24 million, it shows rent costs in San Francisco is 2.5 times more expensive. San Francisco is also a city with the highest rental prices in America, only for an apartment with two beds.

3. Houses in San Francisco averaged around 1.3 million US dollars

If the cost of renting a residence is expensive, what about the price of the house there. Housing prices in San Francisco averaged 18 billion, even though the average house price in America was in the range of 289,900 US Dollars if it was estimated at around 4.1 billion, that was 4.4 times more expensive.

4. The lowest house prices are around 860,000 US Dollars

If you previously provided information on the cost of renting and buying a house in San Francisco, this is the cheapest house price in San Francisco, located in the Bayview area, with an area of ??480 square meters sold at 600,000 US dollars, if around 8, 6 billion, but the lowest average price is about 890,000 US dollars, if it is estimated at around 12.8 billion.

5. To buy a house with a 20% DP, at least you must have 303,000 US Dollars

The average income of workers in the United States is 46,696 US Dollars per year if it is estimated at 672 Million. If buying a house with a 20% DP must require revenue of 303,000 US dollars if it is estimated at around 4.3 billion, then it takes six years to get it, and only 12% of workers in America can afford to buy the house, with estimates like in on.

6. To be able to live comfortably in San Francisco requires a significant income

Want to live comfortably in San Francisco, then if as a tenant, at least you need 164,214 US dollars in income if it is estimated to be around 2.3 billion, while someone who owns a house, you need approximately 230,286 US dollars, if about 3, 3 billion to live comfortably.

7. Living on a ship or van becomes an alternative

Because of the high cost of renting a place to stay in San Francisco, many workers choose alternatives to keep on a ship or van.

8. Entrepreneurs there find it challenging to find a place to live

It's not only workers who find it challenging to find a place to live, but even their classmates or bosses have trouble buying a house in San Francisco, also though they have money.

9. Residents without shelter the number increased by 17%

Data shows that within two years, residents who do not have a place to live, increased by 17% by the amount of 8,011, 45% of whom are residents without having a place to live in a vehicle.

10. San Francisco is the most expensive city for family life

Want to have a family and live in San Francisco, for a family of four family members, it requires an income of 148,440 US dollars per year, if it is around 2.1 billion, that income is the same as three times the average income of workers in America.

11. Families with four family members, the revenue of 117,400 US dollars is considered small

A family of four family members, if it has an annual income of 117,400 US dollars, is estimated at around 1.6 billion, in San Francisco it is still considered low.

12. The cost of living for one person in San Francisco at least consumes 69,072 US dollars a year

Living alone in San Francisco might be cheaper, it turns out it isn't, at least in a year for those who live alone spending 69,072 US Dollars, at around 994 million, that includes the cost of living, food, transportation, health, taxes and other needs. The value is 50% greater than the average annual income of employees in America.

13. Residents in San Francisco, argue that it takes 4 million US dollars to become rich

To become a rich person, Americans think they must have 2.3 million US dollars, at around 33 billion, while residents in San Francisco think they need to have 4 million US dollars, at approximately 57 billion, so they can be said to be productive.

Source: google, wikipedia

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Thinking Genius: How expensive is the cost of living in San Francisco? The income of 33 M is still considered inferior.
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