Housing will likely take up most of your monthly budget, so let's start by evaluating the cost of living in San Diego. However, like any city, the cost of living in San Diego will vary greatly depending on your lifestyle and housing circumstances. However, despite its high cost of living, it is still cheaper than other California access points, such as San Francisco. San Diego is known for its high cost of living, which requires a decent wage to enjoy what the city has to offer.
California has one of the highest income tax rates in the country, which adds to its overheads. San Diego's stunning scenery and ocean front breeze make it the perfect place to live in California. Birdwatchers head to wetland reserves such as the Tijuana Estuary or the Sweetwater Marsh National Wildlife Refuge to search for San Diego's 400 species of birds throughout the year. The U.S.
Navy has a strong presence in the area, as does the University of California, San Diego and the San Diego Unified School District. On the upside, the effective average property tax rate in San Diego is only 0.76%, which is below the national average of 1.1%. Not only will a full-service real estate agent guide you through the entire home buying process, but they'll also be able to help if you have further questions about the cost of living in San Diego. However, if San Diego seems too expensive to you, consider other California cities that might be cheaper.
Obviously, if you spend a lot of time eating in fancy restaurants and visiting trendy bars, you'll need a higher salary to live in San Diego than someone who lives a more frugal lifestyle. With its idyllic beaches, family reputation, and mild, sunny weather, it should come as no surprise that San Diego is quite a popular destination for prospective homeowners. While San Diego is the fourteenth most expensive city in the United States, the City of Los Angeles easily surpasses it in eighth place. Keep reading to find out how San Diego compares to other expensive cities and if your current salary will be enough to live a comfortable life in “America's Best City.” Renters looking to become homeowners face stiff competition in San Diego, as city home prices continue to rise and outperform much of Southern California.