If we count the dreamland of America, San Jose will be one of the bright stars. Many people want to move to this city because of the amazing opportunities and the wonderful lifestyle. Moreover, the living quality of this city has a high rank of 96 which is close to perfect.
San Jose’s cost of living will be more than 65% compared to the national average. Moreover, the utility cost will be 24% higher, housing will be 143% more expensive, and groceries will be 21% higher than the average US national.
If one is planning to move, one must know that this city is expensive compared to almost all the popular places in this country. Expect cities like NYC and San Francesco, it can be more than 50% costly. So, they must calculate it properly against their salary to ensure a healthy life.
San Jose’s cost of living
California which is one of the most popular and major states in America consists of many popular cities. San Jose is one of the primary cities of this State with loads of attraction in living and career. That is why people from all around the world including USA nationalities wish to come to this city.
This city is also the largest city in CA which is the financial, economic, and political center of Silicon Valley. With over 983,489 population, it is the third most popular city in America. We can guess the reason for it from the fact of its being the center of Silicon Valley.
Specifically, companies like Adobe Inc and Cisco Systems Inc are situated in this city. So, one can guess the opportunities people will get living here. Moreover, living here will be more convenient than in many other popular cities.
For example, living in San Jose will be around 18% cheaper than in New York. Also, Los Angeles will be more than 19% more expensive than this city. Therefore, a great opportunity to work with less living cost makes it desirable to many people.
In this article, we will be enlightening the fact of living expenses in this amazing city from different contexts. It is to help the reader or user with the dilemma of decision. Many may think of moving here from another city or leaving this city for another one like NYC.
The overall living cost of this city will be around 68% higher than the national average. The number is huge comparing the estimated cost of living in the United State of America. This detailed discussion will be extremely helpful for them to make the right decision. So, let’s read through the end.
Living cost of a single person in San Jose
If the person reading this article is a single person wanting to move here, this part will help directly. Specifically, they will have to have around $45000 annually to live a proper life. If we demonstrate the cost, the most expensive will be $ 26,361 annually.
Along with that, the yearly food cost of one person will be $3,999 and transportation will be $4,938. These three are the most expensive expense he or she will have to carry. Besides, other things such as medical, insurance, and more will depend on individuals and their interests.
|Required annual income after taxes||$45,038|
|Required annual income before taxes||$57,704|
The scenario of expenses of a family in San Jose
The scenario of a family will have huge differences from a single person. Moreover, there are many different types of families in terms of members and ages. For example, a family of 4 may have one or two children or not. Also, all of the adults can be working adults or only one can be the breadwinner.
Based on that logic, we have classified families into three ways, 2 working adults with no children, 2 children, and 3 children.
Firstly, two working adults with no children will need $59,566 yearly. In that cost we have calculated that the housing will need $26,361, transportation will cause $8,762, food will be $7,332, and some other common expenses will be added.
For this type of family, living in San Jose which is 68% higher compared to the national average will not be an issue. Because both of them will be earning and can afford more than just living life. They will be enjoying their life in this dreamy city.
On the other hand, two children will create a completely different scenario. Because there will be another expensive cost for their children. If they are babies, they will have to pay for childcare which is one of the highest segments of the total expense.
For two children, it will be around $29,248 yearly which is close to the total accommodation cost of this family. Specifically, the housing will be not less than $36,110 and the food for the whole family will be $11,764 along with increased transportation of $13,456.
The scenario will be a lot more when that family will have three children. Because the childcare cost will be $43,871 which can be a nightmare for many families. If the parents are not doing well off jobs, then it will be extremely hard for them to survive in this city.
All the costs including the most expensive area housing, food, and transportation there will be medical and insurance. Overall, it is necessary to have a good job to maintain that lifestyle with three children.
|Family of two working Adults|
|0 Children||2 Children||3 Children|
|Required annual income after taxes||$59,566||$114,368||$141,934|
|Required annual income before taxes||$77,611||$149,014||$184,931|
Accommodation expenses of different types
I have mentioned several times that the most expensive a person or a family is going to have been the housing cost. Whether they are renting or they are buying an apartment, the maximum part of the monthly or yearly expense will be for the accommodation.
The mentionable truth is housing in San Jose will be way too expensive compared to the national average. Specifically, it will be 143% more expensive comparatively. If one is going to rent a one-room apartment then they will be paying $2,441.85 in the city center and $2,205.44 in the city center.
For a 3-room apartment, it will be $4,283.33 in the city center and $3,815.38 out of that area. Are you planning to buy your accommodation instead of renting? Well, it will not be affordable but it will be efficient if we calculate the long-term scenario.
It will be $11,763.42 per square foot in the center of the city and $8,395.85 outside of it. However, buying a place requires so many things including a high budget. One can take a housing loan but one will have to have the capabilities. Besides, it is necessary to have at least 30% of the total cost. So, it will not be possible for all of you.
|Apartment (1 bedroom) in City Centre||$2,441.85|
|Apartment (1 bedroom) Outside of Centre||$2,205.44|
|Apartment (3 bedrooms) in City Centre||$4,283.33|
|Apartment (3 bedrooms) Outside of Centre||$3,815.38|
|Price per Square Meter to Buy an Apartment in City Centre||$11,763.42|
|Price per Square Meter to Buy an Apartment Outside of Centre||$8,395.85|
|Basic (Electricity, Heating, Cooling, Water, Garbage)||211.87 $|
|1 min. of Prepaid Mobile Tariff Local||0.19 $|
With the rent or mortgage of the house, a utility payment will come every month. One will have to pay for gas, water, electricity, a cooling system, and many more. Overall, the monthly utilities for a single person will be around $220; for a family, it can be $300 or more.
Though it will depend on individuals, the cost will roam around our estimate calculation. But people must not waste utilities such as gas, water, and electricity considering the fact they are nonrenewable energy.
The Expense of food in this city
After housing, food is another mandatory expense that everyone has to bear whenever they live. The groceries cost and the expense of eating outside. Groceries cost in this city will be 21% higher than the national average. So, it will not be affordable here to buy food here.
If one wants to eat outside with their family and friends, they will have to pay around $19 per meal per person in an expensive restaurant. Having a three-course meal outside in a proper restaurant will be at least $80 for two people.
|Meal, Inexpensive Restaurant||$18.50|
|Meal for 2 People, Mid-range Restaurant, Three-course||$80.00|
|McMeal at McDonald’s (or Equivalent Combo Meal)||$9.25|
|Domestic Beer (0.5-liter draught)||$7.00|
|Imported Beer (0.33-liter bottle)||$9.00|
|Coke/Pepsi (0.33 liter bottle)||$2.53|
|Water (0.33-liter bottle)||$2.33|
|Milk (regular), (1 liter)||$1.26|
|Loaf of Fresh White Bread (500g)||$4.23|
|Rice (white), (1kg)||$4.38|
|Eggs (regular) (12)||$4.12|
|Local Cheese (1kg)||$13.59|
|Chicken Fillets (1kg)||$13.69|
|Beef Round (1kg) (or Equivalent Back Leg Red Meat)||$16.41|
|Lettuce (1 head)||$1.91|
|Water (1.5-liter bottle)||$1.66|
A person will need to spend at least $400 per month for groceries. Moreover, a family of two or more will be spending double or triple that of one person. However, it is very subjective, the expense will depend on the person.
Some people like to eat proper food at home with family. In that case, the monthly groceries cost will be more than our calculated amount. Even if one is not earning well, one must not cut the groceries cost. Because a healthy meal is necessary to lead a healthy life.
Transportation costs in San Jose
To move from one place to another even in the same city, one will have to take any transport. Specifically, the transportation cost in San Jose will be 5% more than the national average. To use public transport, people will pay $2.75 for a one-way ticket and around $90 for a monthly subscription.
However, taxi rides in this city will be affordable compared to other cities. People can choose any of the options for their traveling.
|Taxi 1-hour Waiting||$27.50|
|Gasoline (1 liter)||$1.61|
Living cost in San Jose Vs other popular cities of the USA
As I was saying, people from different cities in the USA want to move to this city because it is the center of Silicon Valley. People will have loads of opportunities here. Let’s compare the living cost of some of the most popular cities in America with San Jose.
|Move From||Move To||Cost Of Living Comparison|
|San Francisco, CA||San Jose, CA||-18.0%|
|Washington, DC||San Jose, CA||12.0%|
|Miami, FL||San Jose, CA||56.5%|
|Chicago, IL||San Jose, CA||53.1%|
|Boston, MA||San Jose, CA||17.1%|
|New York, NY||San Jose, CA||-12.3%|
|Dallas, TX||San Jose, CA||70.8%|
According to the table above, if one is planning to leave San Francisco for San Jose, it will be 18% more convenient. Moreover, moving from New York to San Jose will be 12% more affordable. However, living in Miami and Chicago will be more than 50% more inexpensive than this one.
The typical annual wage of different positions in San Jose
If you are calculating the living cost of a city, you must consider the overall living wage of different positions in that city. Because it will be highly connected. If one is earning much then an expensive living will not be an issue for them. For example, spending $33000 will not be hard if that person is earning $40000 or more.
That is why we have mentioned some of the popular job positions which offer a justified wage range in San Jose to the employee. One can compare their area of expertise and find a suitable match in the list below. after that, they should compare the cost and the salary to decide.
|Occupational Area||Typical Annual Salary|
|Business & Financial Operations||$105,759|
|Computer & Mathematical||$152,989|
|Architecture & Engineering||$132,038|
|Life, Physical, & Social Science||$94,449|
|Community & Social Service||$67,517|
|Education, Training, & Library||$69,176|
|Arts, Design, Entertainment, Sports, & Media||$79,565|
|Healthcare Practitioners & Technical||$132,498|
|Food Preparation & Serving Related||$35,032|
|Building & Grounds Cleaning & Maintenance||$41,794|
|Personal Care & Service||$38,691|
|Office & Administrative Support||$54,538|
|Farming, Fishing, & Forestry||$30,944|
|Construction & Extraction||$69,411|
|Installation, Maintenance, & Repair||$65,281|
|Transportation & Material Moving||$42,779|
Overall, the minimum wage in San Jose is $16.20 per hour. Mainly, the odd jobs like the dishwasher in a restaurant have this pay range. Normally, people with a proper degree and experience will earn a lot more than this.
According to our calculation, people earning the minimum range will live in little above the poverty line. But if the family has more members but only one breadwinner, it will be a nightmare for them. Moreover, earning $35 or more per hour will save the day. Now, the decision is on the reader and the person who is planning to move.