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Home » United States » What salary is needed to live in San Francisco?

What salary is needed to live in San Francisco?

December 14, 2021 by Shelia Campbell

Recommended Salary in San Francisco The standard rule of budgeting for an apartment starts with rent — you should earn three times the monthly rent. As the average cost of a one-bedroom apartment in San Francisco is $2,364, your monthly pre-tax earnings should total at least $7,092 to live comfortably in San Francisco.

Contents

What is a good salary for San Francisco?

Average Salary in San Francisco, CA

Annual Salary Weekly Pay
Top Earners $105,361 $2,026
75th Percentile $86,630 $1,665
Average $72,813 $1,400
25th Percentile $57,948 $1,114

What is a good starting salary in San Francisco?

Entry Level Salary in San Francisco, CA

Annual Salary Monthly Pay
Top Earners $52,680 $4,390
75th Percentile $46,827 $3,902
Average $37,025 $3,085
25th Percentile $28,096 $2,341

What is middle class income in SF?

But a household in the San Francisco area needs a reported income of about $63,800, or 31.6% more than the U.S. norm, to join the middle class.

What is the highest paying job in San Francisco?

Psychiatrists
Detailed List Of Highest Paying Jobs In San Francisco

Rank Job Title Average Salary
1 Psychiatrists $254,480
2 Airline Pilots, Copilots, and Flight Engineers $252,430
3 General Internal Medicine Physicians $239,360
4 Pediatricians, General $235,190

Are salaries higher in San Francisco?

The cost of living in San Francisco, CA is 37.1% higher than in Seattle, WA. You would have to earn a salary of $82,287 to maintain your current standard of living. Employers in San Francisco, CA typically pay 14.3% more than employeers in Seattle, WA.

Why is San Francisco so expensive?

It mostly comes down to housing costs. The region’s culture, economy and natural beauty makes it an appealing place, so there is great demand for living here. The housing supply has not caught up. Heavy regulation makes it incredibly expensive to build new housing in much of the Bay Area.

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What is a high salary in the Bay Area?

In San Francisco, the annual mean wage is $81,840 or 45.3% higher than national mean of $56,310, while the highest-paying occupation makes $254,480.

What is low income in SF?

For example, HUD defined “Low Income Limits” in San Francisco as $82,200 for an individual and $117,400 for a family of four in 2018, based on 80% of the area’s median income. However, the federal poverty guidelines in 2018 were only $12,140 for an individual and $25,100 for a family of four.

What salary is considered rich?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $470,000 a year in 2021 is considered a top 1% income earner.

What salary is considered middle class for a single person?

Range of household incomes needed to be considered middle class, by family size

State Single Family of four
California $29,851 – $89,552 $59,702 – $179,105
Colorado $26,876 – $80,629 $53,752 – $161,257
Connecticut $28,364 – $85,091 $56,727 – $170,181
Delaware $26,146 – $78,437 $52,291 – $156,873

What jobs are in demand in San Francisco?

185 High Demand Jobs in San Francisco Bay Area (5 new)

  • Senior Project Manager. Senior Project Manager.
  • Assistant Project Manager. Assistant Project Manager.
  • Production Technician – 1st Shift.
  • Store Operations Manager.
  • Program Manager.
  • Store Operations Manager.
  • Sales Representative.
  • Account Manager II.

What is the most common job in San Francisco?

1. In the San Francisco metropolitan statistical area, 56,180 people work in retail, making it the most common job locally.

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What is the highest paying job without college?

Here are the highest paying jobs without a college degree:

  • Patrol Officer.
  • Executive Assistant.
  • Sales Representative.
  • Flight Attendant.
  • Electrician.
  • Plumber.
  • Structural Iron and Steelworker.

Which city is best for money?

20 U.S. Cities Where you Can Make the Most Money

  • Portland, Oregon – Population: 2,288,796, Median annual salary: $50,710.
  • Chicago, Illinois – Population: 9,516,448, Median annual salary: $50,410.
  • Santa Rosa, California – Population: 491,790, Median annual salary: $49,800.

Is Seattle cheaper than SF?

San Francisco is 56.3% more expensive than Seattle. San Francisco housing costs are 92.9% more expensive than Seattle housing costs.

Which city in US has highest salary?

San Jose
San Jose, CA
With a salary value of 131.0, San Jose is far and away the No. 1 city on this list. Although San Jose has the second-highest cost of living in the country (trailing only nearby San Francisco), its nation-leading $93,450 average salary can’t be ignored.

Is San Francisco or LA more expensive?

One of the biggest drawbacks of living in San Francisco is the high cost of living. LA may be expensive, but it doesn’t compare. When you compare and contrast San Francisco versus Los Angeles, you’ll find Los Angeles is far more affordable. The San Francisco cost of living is about 35% higher than Los Angeles!

Is San Francisco or Los Angeles better?

For glitz and glamour and some cutting-edge culture in the SoCal sunshine, it’s got to be LA. But for a smaller-town feel with big-name sights, you’re best off in San Francisco. Better still, rent a car, drive the spectacular coastal highway that connects the two, and take in both cities on one trip.

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Is San Francisco more expensive than New York?

In the U.S., New York City is the most pricey to live in, followed by San Francisco—however, NYC is only #9 on the world’s most expensive cities.

What is middle class in San Francisco?

San Francisco: Median household income $96,265, middle-class income range $64,177 to $192,530.

Filed Under: United States Tagged With: California, San Francisco

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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