Quote:
Originally Posted by anjb06
That's why I'm asking because before working there I was planning on saving enough money first. With an engineering degree. Saving money would take maybe 1 to 2 years, but it isn't impossible. So back to the question, how much do you think would it be?
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this will largely depend on which metro area you would want to live in California - they are vastly different. I will talk to the areas i'm familiar with.. In general though, there are much cheaper states to live
San Francisco/Bay Area - wages will be higher here, but so are the housing prices. For a safe(er) area you would need to budget from 3,000-4,500 a month for a small apartment; if you're looking for a house then change that to $5,500+++. If you're looking to buy you would need to have mostly cash and a minimum budget of $800,000 - this will be for a very small condo. If renting, plan for a minimum of 20% rent increase each year (but some people get much higher increases).
Sacramento Metro - safer areas for renting an apartment would be around $1200; houses budget for $1800-2,500. Buying expect to pay around $400,000
Rural areas will be much cheaper - but good paying jobs will be difficult to find.
best of luck