Each year, San Francisco attracts thousands of new residents despite the growing cost of living. With its close proximity to Los Angeles, mild weather, and booming tech market this Bay Area city has all the right elements to attract people looking to move to a vibrant and fast-moving location. While the city is beautiful and the tech industry is booming, the growing cost of living is sometimes a barrier for people looking to make the move to San Francisco. If you are still weighing your options, then keep reading to find out whether or not this place would be the right fit.
The weather can vary greatly from neighborhood to neighborhood
San Francisco doesn’t quite have the sunny weather that makes the close-by city of Los Angeles popular. In fact, the presence of its beachfront can make for some nearly chilling temperatures. You may want to pack your coats and scarves if you’re moving to San Francisco. If you are already coming from a colder climate then you will be happy to know that the temperature in San Francisco sits reliably 50 and 70 degrees throughout most of the year. The variation in weather makes picking the right neighborhood very important. It is not uncommon to see a 10 or more degree difference in temperature on the same day between neighborhoods in San Francisco. Based on this, you will need to do proper research to determine which neighborhood would suit you best.
The price of real estate is high (and constantly growing)
San Francisco’s reputation of being one of the most expensive cities in America is well earned. Driven largely by the booming tech industry, it is home to more wealthy people than any other place in the most populous US metro areas based on the U.S. Census, according to Business Insider. Its median income is more than 70% higher than the national median household income - $107,898 vs $61,937. The cost of living is very high and continues to grow each year, much to the detriment of people who have been living in the city their entire lives. In recent years, as tech workers have gentrified the city and surrounding areas, local residents have been pushed out of their homes at record speed.
The city has a Below Market Rate (BMR) Ownership Program to ensure that residents can access affordable housing. However, it is often subject to abuse as wealthier residents have been accused of buying and illegally renting out these BMR homes in San Francisco to turn a profit. Home prices are indeed rising but that doesn’t mean home ownership in San Francisco is out of your reach if you decide to move there. If you keep an open mind about where you are willing to live, then there are affordable neighborhoods the more west or south you go. You’ll be surprised to find out that some of the most popular Bay Areas cities aren’t actually in San Francisco at all. Living in places like Silicon Valley, Marin County, and East Bay can give you the ability to live nearby San Francisco without incurring the high expense it takes to live right in the heart of the city.
It’s the perfect place for foodies
The food in San Francisco matches the diversity of its residents - from mochi to authentic Mexican burritos - it has it all! The city has a dish to satisfy everyone. If it’s your first time in San Francisco, then take note that a lot of places may have really long lines or take a while to get a reservation. Therefore, it is important to plan ahead to ensure a good experience. However, if you will be living in the city, then you have plenty of time to explore at your leisure. If you are a picky eater, then there is no need to worry - San Francisco is constantly reinventing itself and its food options so rest assured that there will always be a lot to choose from. To get you started on your food journey, here’s 50 things you need to eat in San Francisco.
There is always something to doThere is so much more to San Francisco that the traditionally popular sights of the Golden Gate Bridge and Alcatraz Island. There is a lot of culture and entertainment to explore. Some of the best bars and restaurants in the state are located there, in addition to multiple community events and parades. Though it is often touted as a place for young professionals, there are lots of family activities to enjoy as well. Explore the life and legacy of Walt Disney with a trip to the Walt Disney Family Museum or take a peaceful, quiet stroll through the San Francisco Botanical Gardens. The longer you live in San Francisco, the more chance you’ll get to discover wonderful new sights and places to explore.
Job prospects are great, even outside of the tech industry
If you’re a tech geek, then working in San Francisco will definitely have its perks. However, there are job opportunities outside of that industry as well. The job market in the state of California grew at a pace of 1.8 percent in 2019 and yet it was still outpaced by the job growth in the San Francisco-San Mateo region where jobs increased on average of 2.5 percent. Be prepared to ‘wow’ employers though since the city has the 8th most competitive job market in America.
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