San Diego has an excellent public transportation system, with monthly transportation costs that vary based on travel frequency, distance traveled, travel time, and mode of transportation. 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. 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.” However, as in any city, the cost of living in San Diego will vary greatly depending on your lifestyle and housing circumstances. 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.
With so much to do in San Diego and so many amazing restaurants to enjoy, you'll need a pay raise. Even with all this information, it can be very difficult to determine how much money you'll need to live comfortably in San Diego. Housing will likely take up most of your monthly budget, so let's start by evaluating the cost of living in San Diego. San Diego residents spend 13.3% of their household budget on food, slightly above the national average at 12.9%.
When it comes time to file taxes, San Diego residents should consider a statewide base sales tax rate of 7.25%, in addition to their marginal federal income tax rate. 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%. San Diego is known for its high cost of living, which requires a decent wage to enjoy what the city has to offer. However, if San Diego seems too expensive to you, consider other California cities that might be cheaper.
From families and couples to singles and young professionals, San Diego leaves its mark on anyone who lives here. The salary required to manage the cost of living in San Diego will depend on your savings goals, recreational expenses, and living conditions. The cost of healthcare in San Diego is expensive, and healthcare prices are 64% higher than in the country.