I have an old high school friend who lives in San Francisco …
Her annual housing cost is $42,000 -- two bedrooms, small dining area, medium-sized living room.
Location depends a lot. At $50k/yr in that area, you'd be in poverty. At $100k/yr you'd be struggling.
There are a lot of fancy apartments in San Francisco and the demand for high-end units helps push the average rent there to a whopping $2,951 (December 2009).
But it is also instructive to note that the median SF apartment rents for $928 in this city where the median income is $54,886. [Link]
Your friend’s $3,500 per month apartment is an example of either living a wealthy lifestyle or someone who is getting ripped off.
http://www.move.com/apartmentsforrent-search/san-francisco_ca?dist=5


























