As real estate prices continue to climb throughout California, residing in San Diego after graduating from San Diego State can be financially challenging, especially if you’re looking to live lavishly. The median price for homes in San Diego increased $12,000 from January of this year, to a whopping $502,000, according to DataQuick Information Systems.
For many it may seem that only the wealthy can afford a San Diego lifestyle, but with home prices rising all over the state, making a living in Northern or Southern California proves equally difficult.
In the Bay Area’s competitive real estate market, Northern California homebuyers find themselves looking east of the Bay into San Joaquin County where price tags are more appealing.
If you remain in California after graduation, it probably won’t be cheap no matter where you live.
Moving out of state may be an option for some, but wherever the cost of living is lower and real estate is less costly, the wages are meager.
However, before you bolt out of the county, there are some relatively inexpensive rent rates available around campus and in surrounding San Diego areas. Apartments are available for rent as low as $600 per month, which is cheaper than living in SDSU’s residence halls. Obviously, additional costs such as utilities and groceries must be taken into account. Plus, you may not end up living in the most prosperous community.
But, a thrifty person who makes sacrifices can still make it in San Diego, even with only an entry-level job and being straight out of college.
San Francisco will always be my home, and I’ll return there after graduation. But, I’ve come to realize that living there will be unaffordable at first – unless I decide to move back in with my parents.
Even so, San Francisco is not the most expensive place to live on Earth, as I always believed until I traveled abroad.
For example, in England, the prices of almost everything are double or triple the cost in the United States. In London, apartments and flats are rented weekly for as much as
