Posted in Northern California December fifteen, 2018

You May Not Desire To Hear How Much Money Y'all Have To Make To Alive In Northern California

Permit'southward confront it. We've been well-aware of how expensive it is to live in Northern California for some time at present. However, seeing the numbers laid out similar this really puts information technology into perspective for us. A website called HowMuch recently published some horrifying infographics which have confirmed our long-held suspicions: Living in Northern California costs an ungodly amount of money. Seeing these stats will probably make you cringe just keep reading to run into exactly how out of control the price of living is in both our region and country as a whole.

The high cost of living in Northern California is definitely not news to u.s., but yous might be surprised when yous see the actual numbers of how much you need to make to live in this state. Co-ordinate to HowMuch, to live comfortably and afford a home that costs $499,900, y'all'll need an average annual income of around $120,120. If that sounds outrageous, information technology's considering it is!

Almost other states crave an average annual income of $40k to $70k. In comparing to the rest of the country, HowMuch ranks California as the third most expensive place to live, just behind Washington D.C. and Hawaii. This can be contributed mainly to the fact that there but isn't plenty available inventory for the high demand of housing our state is currently experiencing. We can't say we're surprised past that data, but it's sad to come across yet.

To put information technology into perspective, HowMuch compiled this infographic to bear witness just how many hours the average person will need to work in guild to beget a dwelling mortgage in California. If y'all cheque out the Bay Area, yous'll meet that they estimate individuals volition need to piece of work an average of 107 hours per calendar week to live in San Francisco. Oakland and San Jose aren't that much better with estimates of 83 and 74 hours needed per calendar week respectively. Merely put, if yous want to alive in the Bay Area, yous can pretty much say good day to your social life...or whatsoever kind of life exterior of work.

If you know you can't beget a mortgage in California, renting may seem like the best option. However, you might be taken ashamed when y'all encounter only how much coin you need to make monthly in society to fifty-fifty do that. With an estimated monthly cost of $eight,313, California is the second most expensive place to hire in the United States. Washington D.C. comes in first with a slightly college approximate of $8,487.

At that place is a small flicker of hope for those looking to live in Northern California (or California in general). Co-ordinate to this nautical chart, cost of utilities in our state are actually non all that bad—well, in comparison to the balance of the country, that is. The chart shows that Californians spend an average of $438 per month on utilities including electricity, natural gas, internet, cablevision, and water. The states with the highest price of utilities are Hawaii ($730.86), Alaska ($527.96), Rhode Isle ($521.98), Connecticut ($496.07), and New York ($477.31).

Thinking nigh raising a family in California? You might want to bank check out this infographic which highlights the cost of childcare in the state versus the price of college tuition. California ranks pretty high, with an estimated toll of $16.5k for full-time, center-based childcare and $9.7k for annual tuition and fees at public college.

Without a doubt, California living is expensive. If you're thinking of living here, or you lot already live here, yous might want to consider getting into the state'southward most assisting business: Machinery and Mechanical Appliances, which is valued at $26.8 billion.

What practice you lot retrieve near these infographics? Is the cost of living enough to scare yous away from living in Northern California? I recollect we could all use a trivial selection-me-upwardly afterwards delving into that data, so be sure to check out our list of The eleven All-time Places To Live In Northern California And Why.