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Bay Area Most Expensive Place In California

1214 Views 18 Replies 8 Participants Last post by  R1up0n1
The Bay Area is the most expensive place to live in California for families and single people alike, a new study shows.

In "Making Ends Meet: How Much Does It Cost to Raise a Family in California?" the California Budget Project estimated two working parents raising two children in the nine-county Bay Area would need to make $79,946 annually to stay afloat.

In comparison, the statewide average annual income for a similar household was placed at $71,377, according to CBP Executive Director Jean Ross.

Ross said the CBP used "bare-bones expenditures" including housing, utilities, child care, transportation, food, health coverage, taxes and other miscellaneous expenses to calculate the incomes.

However, according to Ross, other expenses like saving for retirement and a child's college education, cable television, vacations, and purchasing a house rather than renting were not factored into the mix.

"This study strives to paint an accurate picture of the basic cost of living in California and the economic challenges facing many working families," Ross said. "It shows that making ends meet is virtually out of reach for millions of families in the state."

Ross said the incomes the CBP calculated were not meant to be a reflection of the rock-bottom cost of living in California, but rather the middle incomes that are above the poverty line but would still benefit from public aid.

A Bay Area family of two children with one working parent needs to make $55,740 annually, while statewide the income for a family with one working parent is $51,177, the CBP reported.

Single parents need to earn an annual income of $62,969 in the Bay Area, and the state average for a single parent is $53,987, according to the CBP.

Finally, a single adult needs to earn $27,901 if they are living in the Bay Area, but the statewide average came out to $25,867, the CBP reported.
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jetskifast said:
Found his Zip drive :lol:
for people that don't get'd have to see another thread. :lol:
jetskifast said:
Wonder what his cell phone looks like :lol:
ahh man I wish I had my old motorola dynasty flip phone from the early 90's up here in PA so I could take a picture of it. That thing was the big boxy flip phone. That's probably what bee has! :lol:
jetskifast said:
Motorola dynasty to modern :dthumb: Im thinking more in line with those big ones carried in hand case :whistle:
:lol: I remember those too, but the old boxy motorola flip phones were almost just as bad. :lol:
I've got that they are merging with sprint....these Nextel phones should be awesome. They are not finalized with everything yet...but sprint keeps calling me a few times a week wanting me to upgrade my phone, and renew my contract...i won't do it until they are totally merged together. No since in buying something that won't work the way I want it to in a year.
1 - 4 of 19 Posts
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