News Ticker

REPORT: It Costs More to Live Comfortably in SF and SJ than DC and NY

Where Did We Go? 

You might have noticed, but this website has been “silent” for about 8 weeks.

I wanted to apologize for that. It’s the first time in the five years since I began BayBusinessHelp.com that that has happened!

Why did it happen? Well, for two main reasons:

1. First of all, my family and I had a move scheduled for March 1st and it was unexpectedly delayed for 10 days! You can imagine how much case that caused!

2. My family wasn’t the only thing to move! We moved the site to a brand new host and, in the process, discovered some malware had to be removed from another website that I had that was on the same host. So we hired a company to do that and we are now back online!

And THAT’S why things were silent around here! 🙂

Anyway,  the good news is that we survived the move and BBH survived. So you can expect regular, weekday posts on BBH again!

Now for today’s post…

It Costs More to Live Comfortably in San Francisco and San Jose than Washington, DC and New York City

san-francisco-1633204_640

GOBankingRates conducted a cost-of-living comparison of the 50 most populous U.S. cities based on the median income by city and the dollar amounts required to cover the cost of necessities, including rent, groceries, utilities, transportation and healthcare in each city.

They calculated the cost of living by using the 50-30-20 budgeting rule.  The rule says that 50 percent of income covers necessities30 percent covers discretionary items and 20 percent is for savings.

The Three Most Expensive Cities to Live in the U.S. are in the Bay Area

After they did their calculations, San Francisco came out to be the most expensive city to live in $110,357 a year. And San Jose came in second place at $87,153.

If you’d like to see how much it costs to live in Washington, DC or New York city, then click here to read their report!

About Scott Aughtmon (1824 Articles)
I’m author of the book 51 Content Marketing Hacks. I am also a regular contributor to ContentMarketingInstitute.com and I am the person behind the popular infographic 21 Types of Content We Crave. I’m a business strategist, consultant, content creation specialist, and speaker. I’ve been studying effective marketing and business methods (both online and offline) since 1999. ===> If you would like to see ways that we could work together, then please click here to learn more.