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Old 10-15-2012, 08:42 PM
 
224 posts, read 454,365 times
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San Francisco being one of the most expensive places to live in the U.S., I was wondering what the average resident's percentage was? It's got to be more than the standard 25-30% right? When answering please state if you are living alone and what neighborhood of SF.
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Old 10-16-2012, 09:22 AM
 
224 posts, read 454,365 times
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I guess it's more than 30% judging from the lack of responses lol.
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Old 10-16-2012, 09:39 AM
 
Location: Lafayette, CA
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Well seeing as how a recent study came out that found nearly 60% of mortgage owners in CA are paying up to 50% of their take home pay towards housing, it's not a surprise.
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Old 10-16-2012, 09:46 AM
 
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Is the "standard 25-30%" calculated using one's gross or net pay?
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Old 10-16-2012, 09:50 AM
 
224 posts, read 454,365 times
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25-30% of your monthly post tax income.
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Old 10-16-2012, 10:45 AM
 
Location: San Francisco
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23% of net.
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Old 10-16-2012, 03:16 PM
 
Location: SF Bay Area
802 posts, read 2,264,549 times
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My wife and I live in Lower Pac Heights. When both of us were working, we spent about 13% of our gross income on rent; with her staying at home with the baby, we are spending a little under 20% of our gross.
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Old 10-16-2012, 08:40 PM
 
224 posts, read 454,365 times
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Quote:
Originally Posted by pch1013 View Post
23% of net.
Good for you. What neighborhood do you live in?
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Old 10-17-2012, 11:09 AM
 
Location: San Francisco
8,982 posts, read 10,457,345 times
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Quote:
Originally Posted by luau View Post
Good for you. What neighborhood do you live in?
In the Castro, with my partner who pays half the rent. Otherwise the figure would, obviously, be double.
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Old 10-17-2012, 11:13 AM
 
Location: East Bay, San Francisco Bay Area
23,514 posts, read 23,986,796 times
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22% of net on our mortgage, which is comfortable.
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