Table of Contents
How much money does it take to live in the Bay Area?
Summary about cost of living in San Francisco, CA, United States: Family of four estimated monthly costs are 4,527$ without rent. A single person estimated monthly costs are 1,251$ without rent. San Francisco is 5.91\% less expensive than New York (without rent).
How much does it cost to live in Bay Area per hour?
In San Francisco County, a single adult with one child must make $56.11 an hour. For two adults, with one working, the individual must make $49.45 if they have one child. That number steadily increases as the number of children goes up. For two childless adults with full-time jobs, each must make $20.56 an hour.
How expensive is San Fran?
San Francisco cost of living is 269.3
COST OF LIVING | San Francisco | USA |
---|---|---|
Housing | 596.2 | 100 |
Median Home Cost | $1,471,200 | $291,700 |
Utilities | 97.5 | 100 |
Transportation | 158.2 | 100 |
How are minimum wages determined in the US?
State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person’s gross annual income.
What is the Living Wage shown?
The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children.
Is the minimum wage per person or per working adult?
In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year.