Here’s What Gen X Should Expect To Pay for Rent in 16 California Cities

[rangerrebew]

Here’s What Gen X Should Expect To Pay for Rent in 16 California Cities
Story by Heather Taylor • 18h
 
If you're a member of Generation X and want to spend a year living and working in California, start saving money now if you are not making at least the median salary. Otherwise, the cost of rent could cause a bit of sticker shock.

Recently, GOBankingRates conducted a study of the average rental cost across major U.S. cities. Data revealed that California does not have a city in the cheapest 40 cities for rent. Among the 16 California cities in this list, just five have an average monthly rent under $2,000. But the median salaries in these cities generally make rent affordable.
 
From most to least expensive overall average monthly rent, this is the typical cost of rent across 16 California cities.

https://www.gopbriefingroom.com/index.php?action=post;board=108.0

[PeteS in CA]

Here's a link that will go to the OP article, https://finance.yahoo.com/news/gen-x-expect-pay-rent-160104257.html .

1. Irvine
Average monthly rent: $2,986

1 bedroom average rent: $2,534

2 bedroom average rent: $3,106

Total cost of living (monthly): $5,090

Median household income: $122,948
...
2. San Jose
Average monthly rent: $2,679

1 bedroom average rent: $2,331

2 bedroom average rent: $2,766

Total cost of living (monthly): $5,117

Median household income: $136,010
...
3. Fremont
Average monthly rent: $2,626

1 bedroom average rent: $2,183

2 bedroom average rent: $2,645

Total cost of living (monthly): $4,955

Median household income: $169,023

SF is #4 on the list. Irvine is in SoCal, specifically Orange County. SJ and Fremont are in Silicon Valley.

[GtHawk]

I just got my rent increase notice, up $100 to $2300 in Huntington Beach. I live in a old complex, about 60 years old and owned by a real cheap so maintenance is very slow to non existent, but I am close to the ocean so weather the weather is very good and the crime is very low in my are. Would I like to move? Yeah, I would either end up with a much higher rent for a nicer complex or for lower  rent I would have to be in a crappy area with more crime, so damned if you do and damned if you don’t. I really count myself fortunate that I’m getting that big COLA to cover the Medicare increase along with my rent increase and all the other increases from inflation.

[jafo2010]

You are getting a 2.5% COLA increase when inflation, real inflation is about 25%.

They keep saying food cost is up 20-25% on Cable news networks for the Biden years, when for us in Georgia, our food bill is up over 100%.. OVER 100%!!!

Restaurants we used to go to, one would have to wait one hour in line to get in, now the restaurant is half empty all the time, no lines.  I expect a number of them to go away.  We went to a place called Ted's last night, I had a burger, my wife had the kid's size salmon, and the tab was $45.  No alcohol!  Ugggh!!!  The American people are getting bent over supporting the whole world while our incomes have been largely frozen for nearly 30 years.  We had a brief uptick when Trump was POTUS, but incomes have been frozen since 1990, and real purchasing power has declined dramatically.

I say close the border, and end completely refugee status.  PERIOD!!  Let some other nation(s) take all these people, or let them work their way to a better life in their own country.  End the H1-b Visa Program, build the wall, and encourage our own population to have children versus kill their babies. 

[jafo2010]

And for exporting systems work to workers in foreign nations, put a restriction on using federal dollars for that development work.  Time to take care of our own people and screw those in Ukraine, China, and India.  I have been on system projects funded by federal dollars and 80% of the work is being done by people from India, or people in Ukraine, China, or India.  And believe me, I do not believe these foreign folks are worth the trouble.