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Based on data collected by NOAA National Climatic Data Center, San Francisco is considered to have one of the most favorable climates in the country based on comfort and number of days with clear skies. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. , where youll find giants such as Google, Apple, Facebook and many more. But even then, the price of groceries is going to significantly influence your cost of living. . Proximity to employment is an important consideration because it can drastically impact your cost of living. So how do we make money? Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. VISIT: San Diegos Top 5 Luxury Home for Sale Markets in2023 | 2024. Jason Dempsey is the CEO and Co-Founder of Home City Living. Housing Cost 35.57% Lower The rule of thumb is not to spend more. Simply put, San Diego has fewer traffic jams than San Fran, making it easier to get around the city by car. In fact, San Francisco ranks fifth on the list of most expensive American cities. The cost of living in Hong Kong is 18% less expensive than in San Francisco, CA. Looking to move to the San Diego area & need some help? And it adds up. Your email address will not be published. California is notorious for traffic, and while both San Francisco and San Diego have traffic, its a little bit worse in San Francisco. California already imparts a 7.25% sales tax anywhere in the state. Here is a list of our partners. SAN DIEGO COUNTY, Calif. San Diego is one of the least affordable areas in the country where housing, gas prices, utilities, and other costs are a concern. The city also gives you the best of both worlds since its culture is as buzzing as it is calming. NerdWallet strives to keep its information accurate and up to date. Disclaimer: NerdWallet strives to keep its information accurate and up to date. In summary, San Fran has the sixth biggest economy in all of the U.S, while San Diego is the fourth largest economy in California and the seventeenth in America. 5 Reasons it Wont Crash in 2023 | 2024, San Diegos 10 Most Affordable Neighborhoods in 2023 | 2024, San Diegos 7 Wealthiest Neighborhoods in 2023 | 2024, San Diegos Best 5 Private Country Clubs in 2023 | 2024, Exposed: The 'Real' San Diego Cost of Living Guide 2023 | 2024, San Diego Conventional Home Loans - Purchase & Refinances (2023), San Diego Down Payment Assistance Programs - Rates, Terms, Limits (2023), San Diego FHA Home Loans - Purchase & Refinances (2023), San Diego First Time Home Buyer Programs - Rates, Terms, Limits (2023), San Diego Home Loans - Purchase & Refinances (2023), San Diego Home Possible Home Loans - Rates, Terms, Limits (2023), San Diego HomeReady Home Loans - Rates, Terms, Limits (2023), San Diego Jumbo Home Loans - Purchase & Refinances (2023), San Diego Low/No Down Home Loans - Rates, Terms, Limits (2023), San Diego Real Estate Market Statistics (2023), San Diego Real Estate Market: News, Trends, Forecasts (2023), San Diego USDA Home Loans - Purchase & Refinances (2023), San Diego VA Home Loans - Purchase & Refinances (2023).