The average after-tax salary is enough to cover living expenses for 1.9 months in San Diego compared to 1.7 months in San Francisco. When evaluating offers, please review the financial institutions Terms and Conditions. Its tough. Add to that our high housing costs, and now youve got the electricity and high gas on top of that, its really tough for people, particularly at the low end of the income distribution to keep up with those rising costs.. Your email address will not be published. While other resources provide basic cost comparisons. We believe that having a roof over your head in San Diego costs considerably less than San Francisco. San Francisco vs. Seattle (Cost of Living & Lifestyle Comparison) 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? 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. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Own a home in San Diego and you want to get a personalized home valuation for it to see how much you can walk away in profit in this exciting market? A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. Price collection by city is conducted in strict conformance with standard specifications at specified times. San Diego is more spacious and has better beach access, while San Francisco is often better for people seeking career advancement. A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. READ: San Diego vs. San Jose: Which California City is Best in 2023 | 2024? 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. Approximately 740,000 people live in Seatle's larger land area, which, theoretically, should it a lot less crowded than San Francisco. Cost of Living Comparison Between San Diego, CA, United States - Numbeo San Francisco, California is one of the Worst cities in the United States for driving. 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? All financial products, shopping products and services are presented without warranty. Dining out can get pricey anywhere you live, but on average, a dinner for two in San Diego will be about $75, and in San Francisco, about $80. If youre considering moving to California, pack those bathing suits, because youll get more for your buck in San Diego. In short, both cities were shaped by Latino culture and as such, are always bustling with life and delicious dishes. Related Article: San Francisco vs. Philadelphia. Overall, wed have to say in the ongoing SoCal vs. NorCal face off, SoCal wins when it comes to cost of living. When evaluating offers, please review the financial institutions Terms and Conditions. San Francisco is a little more mild than San Diego thanks to the hills that surround it and give it an insular climate. San Francisco Municipal Transportation Agency, Los Angeles vs San Diego Living, Moving & Costs, San Diego vs Austin Living, Moving, and Costs, Los Angeles vs Austin Living, Moving, and Costs, Los Angeles vs Phoenix Living, Moving, and Costs, 10 Kansas City Nicknames (And How it Got Them), 10 St Louis Nicknames (And How it Got Them), 8 Top San Diego Nicknames (And How it Got Them), San Antonio Nicknames (And How it Got Them), 10 Nicknames for Portland Oregon (And Where They Come From). Even with the higher grocery bills in San Francisco, cooking at home will always be the most economic (and usually healthiest!) Where we really see the food and dining cost difference between the two cities is in the grocery bills. Simply put, San Diego has fewer traffic jams than San Fran, making it easier to get around the city by car. Each home uses different amounts of electricity, gas, internet, etc. The cost of living in San Diego, CA is -27.5% lower than in San Francisco, CA. The average commute time in San Francisco is about 30 minutes, and in San Diego, about 20. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. 2023 Compare Cities Cost of Living: San Diego, CA vs San Francisco, CA Our partners cannot pay us to guarantee favorable reviews of their products or services. Of all the American States, San Francisco is the 17th in terms of population, while the neighboring San Diego, is the 8th. San Diego has a sales tax of 7.75%, and San Francisco sales tax is 8.5%. To summarize, either city would be a great choice to educate your children and ensure a bright career for them. What is the breakdown of the cost of living? San Diego rent isnt cheap, by any means, but it is about a thousand dollars cheaper, and youll find larger, nicer living areas for that amount of money than what even more money will acquire in San Francisco. 2023 Compare Cities Cost of Living: San Diego, CA vs San Francisco, CA Change Cities Highlights San Francisco is 52.1% more expensive than San Diego. The cost of living in San Francisco, CA is 37.9% higher than in San Diego, CA. TOP POST: San Diego Mortgage Rates: Trends, Predictions, & Forecasts in2023 | 2024. In fact, if youre flying out of San Diego, the chances of you having a layover in San Francisco are quite high. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. The weather during January averages about 55 to 65. Many direct flights head out from San Francisco all over the country, and many international flights leave from there, making it an easy return to arrive back in the states from your trip and instantly be home. Many homes in Southern California, however, are switching to solar power. Check out the website for San Francisco, California to find opportunities and activities in the new location like parks, beaches, museums, or playgrounds that kids will enjoy and look forward to visiting. So, we want to share with you the great qualities of San Diego and why the story that San Francisco is better just barks at the moon. The overall comparison between the cities has San Diego at 160.1 and San Francisco at 269.3. Looking to move to the San Diego area & need some help? The trouble in San Francisco is that staying alive in the City by the Bay takes a lot out of a persons paycheck. Full cost of living comparison of San Francisco, California vs San Diego, California. - The Median Age is 4.0 years younger in San Diego. Purchasing a home in the bay area is darn near out of reach for many people, particularly those who are middle-class wage earners. When it comes to San Diego though, Carlsbad schools are fourth in California in terms of school quality. Here is a list of our partners. Example video title will go here for this video. option. According to the latest BLS data, consumers average over $7,000 per year on food expenses. You should call at least three moving companies for a moving estimate, the cost might be less than you think and you wont have to worry about a friend hurting their back trying to move your heavy furniture. Hong Kong vs San Francisco - Cost of Living Comparison TOP POST: San Diego Housing Bubble? Cities ranked 56th and 6th ( $2797 vs $3415) in the list of the most expensive cities in the world and ranked 45th and 4th in the United States. The average home price in San Diego is a little bit over $800,000, and the average home price in San Francisco is just below $1,500,000. Cost of Living Comparison Between San Francisco, CAand San Diego, CA You would need around 7,589.2$in San Diego, CAto maintain the same standard of life that you can have with 8,800.0$ This calculation uses our Cost of Living Plus Rent Index to compare cost of living. The San Diego airport, while an international airport, is smaller than SFO. We are convinced that San Diego stands up very well against San Francisco, thank you very much. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. Last but not least, how are you going to pay for all the above? 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. After abandoning the corporate world in order to indulge his wanderlust, Jason founded Home City Living with his partner Rose to create the premier source of travel information and inside local knowledge on the web to help other would-be global explorers and seekers learn to spread their wings and fly. Proximity to employment is an important consideration because it can drastically impact your cost of living. Full Cost of Living comparison San Francisco, California vs San Diego On one hand, San Fran is home to Oakland and Hayward schools that nationally rank third best in education with 81% of people pursuing a college degree afterward. San Francisco has a higher cost of living than San Diego. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Weekly trips to the grocery store can add up, especially if food costs are high where you live. Find out what the latest and greatest San Diego home loans are right now. 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? Cost of Living in San Diego, CA | PayScale square footage and lot size) with the assistance of an appropriate professional. Since San Diego is located on the border, its heavily affected by the colorful Mexican and Hispanic cultures. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. So how do we make money? anywhere in the state. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Thats crazy, even by California standards. TOP POST: Zillow San Diego: 5 Lies, Fraudulent and Deceitful Tactics Used in2023 | 2024. This element is especially important for those of you with children whom you want to enroll in a great, educating environment that you can trust. 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. The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive. Gin. If you need assistance with finding the right financing, we make that chore a lot easier. Cost of Living Calculator | San Diego, CA vs. San Francisco, CA OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. Ranked 18th vs 8th best cities to live in the United States, and 96th vs 58th among the best cities to live in the world. Pre-qualified offers are not binding. Lets begin with San Francisco. 1 and San Francisco at 596.2. Lets get real: San Francisco residents will be in nursing homes before we are in San Diego, provided they live that long. A noticeable loss can occur if the purchased house has a utility budget, and the buyer ignores that. The Park has museums and theaters all in one area. Before you get the keys to your new home, you'll have to pay closing costs. Overall, wed have to say in the ongoing SoCal vs. NorCal face off, SoCal wins when it comes to cost of living. If you dont think so, then please explain why the cost of buying a house is so ungodly high in San Francisco. The expenses that factor into cost of living can include housing affordability, transportation expenses, food prices and entertainment costs. Related Article: San Francisco vs. Chicago. 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. The cost of living in San Francisco, CA is 25.45% lower than your current city. To begin with, during the years coldest month, namely January, San Frans average temperatures range between high to mid-50s. The average salary in San Diego is$68,565/year, which is about $32.96/hour. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. Public transit in San Francisco, CA will cost you around $91.00 per month. California makes up more than half of the entire West Coast of the US, making it arguably the most diverse state in America. Additionally, San Diego is well-known for its wonderful, sandy beaches that play a role in its climate throughout the year. He bought his first investment property at the age of 21, became licensed at 22, and a broker at 24. San Francisco is also strongly influenced by Mexican customs and food. You also agree to our Terms of Service, and to our Privacy Policy regarding the information relating to you. Walkability and public transit scores were obtained from, Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Pre-qualified offers are not binding. Core cost of living data is fromThe Cost of Living Index - COLIfrom the Council for Community and Economic Research. This is not an arena for inexperienced people. Cost of Living in San Diego - Moving To San Diego in 2023 According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Cost of Living in San Diego, CA is 35.0% Higher than the National Average Did the Cost of Living in San Diego, CA increase in 2023? This is only $1,900 more per year than the nationwide average of $66,665/year, yet the cost of living in San Diego is 44% higher than the national average. 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. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, Choosing the right mortgage can help make your home buying journey easier and more affordable., Using Cost of Living to Negotiate Your Salary. Required fields are marked *. The average grocery bill in San Diego is a little over $300, and in San Francisco, youre looking at a bill of about $423. 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. Proximity to employment is an important consideration because it can drastically impact your cost of living. San Diego is home to enriching Mexican and Hispanic cultures as well as their delicious cuisines and great music. A ride on a San Diego trolley is $2 per ride on the San Diego Metropolitan Transit System (MTS) and the North County Transit District (NCTD). Final Thoughts With everything the city has to offer, living in San Francisco is a dream. 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. Cities ranked 63rd and 4th ($2884 vs $3507) in the list of the most expensive cities in the world and ranked 1st and 2nd in China and the United States, respectively. The current electric rate cost in San Francisco,CA is 19.39 / kWh, which is the fifth highest compared to the rest of the United States. San Diego vs. San Francisco: Which California City is Best in 2023 | 2024? Its also known to be a state with an exorbitant cost of living. Get your true budget and find a home with ease. For over a decade, weve had hardly any new builds, so we just have not had the supply to satisfy the demand.. Southern California is the land of the best beaches, and San Diego has a claim to some great ones. BestPlaces.net doesnt pull punches when it compares the two cities health costs less in San Diego than in San Francisco (89.02 to 100.3), food and groceries are cheaper in Americas finest city (109.72 to 116.6). Thats due to its large Hispanic population and its vivid history as part of Spanish America. 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. Property taxes are about the same in San Francisco and San Diego; however you will see a difference in the sales tax. Gin. California is notorious for traffic, and while both San Francisco and San Diego have traffic, its a little bit worse in San Francisco. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. You also agree to our, This site is protected by reCAPTCHA and the Google. But even then, the price of groceries is going to significantly influence your cost of living. :-- 31.81% Accomodation Cost Installation and purchasing the system is of course expensive, but in the long run, it all but abolishes monthly utility costs. Cost of Living Calculator | San Diego, CA - NerdWallet The San Francisco Zoo does not even come close. Balboa Park, where the Zoo is located,ranks #3in the Top 10 City Parks in America. San Diego vs San Francisco: Which Is Best? (13 Factors) 2023 NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). San Diego, CA is the 13 th most expensive city of database of 304 cities Cost Of Living Housing Costs Median 2-bedroom apartment rent $2,874 Median home price (3BR, 2BA) $947,111.