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13 mind-blowing facts that show just how expensive San Francisco really is

warsaw

Well-Known Member
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Home to tech workers, a public poop problem, and a high cost of living, San Francisco is in a league of its own.

The city's economy ranked at the top of an analysis of local economies in the US's 40 largest metro areas conducted by Business Insider. San Francisco's close proximity to Silicon Valley, considered the tech center of the world, has caused the city to become one of the wealthiest cities in America.

But that's resulted in an expensive life for Bay Area residents, including a housing crisis in which most can't afford homes.

The cost of living could increase even more if several tech companies go public this year as expected, something that could make San Francisco home to thousands of new millionaires, Nellie Bowles of The New York Times reported.

Here are 13 mind-blowing facts that show just how expensive San Francisco really is.

1. The Bay Area is home to more wealthy people than any other of the most populous US metro areas, according to the US Census.

2. The typical rent in San Francisco exceeds $4,500 — more than 2.5 times the typical national rent.

3. The typical price of homes listed in San Francisco is $1.3 million — 4.4 times the typical national price of homes listed.

4. One of the city's cheapest neighborhoods, Bayview, has an average home listing price of $890,000.

5. To buy a typical San Francisco home with a 20% down payment, residents need to earn $303,000 — what it takes more than six years for the median US worker to earn.

6. To live comfortably as a homeowner in San Francisco, residents need to earn $230,286 — what it takes the median US worker to earn in nearly five years.

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BeansnRice

Well-Known Member
Lots of money around.

Why can’t these people pay standard fares and tip the driver?

Why isn’t a $1 tip included?

Who’s complaining?
 

Cabby

Well-Known Member
Lots of money around.

Why can’t these people pay standard fares and tip the driver?

Why isn’t a $1 tip included?

Who’s complaining?
Why should they pay a tip? You are picking them up anyway while helping the community to reduce the traffic and improve air conditions.
 
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