Is $97k enough to live on in SF?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

If you have like 5 roommates for your two bedroom apt.. Totally doable!

like

C1 you can't get your own place for $2200/month. A decent studio runs minimum 3000-4000$. You aren't considering 401k, health insurance costs, utilities, gym fees...it's definitely doable to live on 97k but it is a very different lifestyle than it would be in many other cities and can be detrimental to your ability to save for the future.

like
Recent IconRecent

According to SF business times you should have $200k to live comfortably in SF. Soooo like only SMs and PPDs?

Btw - hope that's not true for single females! Looking forward to the dating scene...if I can afford to live there. 😬

like

(My housemate is paying the remaining 2400)

like

my friend just got a studio in San Jose for $2400 and that's apparently cheap - she makes approx 90 I believe

like

You easily do cocaine with that salary. You can get 3g for 150 bucks in SF

like

I'm no coke expert but that sounds like an aggressive habit..

like

I did about 10 years ago. No way would I consider today

like

Great for women

97k in SF equals PEASANT

No

Bc we like to ball out @c1!!!

OP, how many years of experience do you have?

You could survive, but you couldn't live. And you would barely make it paycheck to paycheck.

With two room mates

Also D4's wrong - straight men are rarity so no shortage of demand. 35% are asian too, if that's your thing.

Thanks all! I am concerned that I won't be able to save and adult like I should. Good call on doing more research. This is just the first step!

Still pales in comparison to NYC, DC, Chi, and LA

Have a friend making less than that living in Outer Sunset, he seems to be doing just fine

Live in berkeley for 1600 in a 1 bedroom, making 110k. Check out student areas (berkeley, SFSU) for cheaper housing options. I put a good amt in 401k and hsa, have a paid off car and still have 2k+ a month in savings.

LOL P2- Love that cocaine disclaimer.

Live in East Bay! Not worth it to live in the city. I live next to a BART stop just north of Berkeley. Tons of free parking, affordable rent, etc.

Related Posts

Thinking of moving my whole crypto portfolio into BTC. Is this dumb?

like

Does anyone know if Visa’s 401k plan allows for a mega backdoor roth?

like

At what point does it not make sense to buy/ build a bigger home? My husband dislikes our house immensely (was his with former wife) and wants to move. Only owes $180k on it, we’ve been together 6 years and thus I’d rather just remodel. It’s the only thing we disagree about - moving or staying. He doesn’t want to invest one more cent in this house.

like

My dad stole my identity a couple
years back and tanked my credit score
- brought it down to like 400. I've
been working towards fixing it so that
my boyfriend and I can buy a house in
the next year or so. This morning, I
checked my score after not looking at
it for a while and I'm in the mid 600s!
Y'all don't know how happy I am
about this lol

uplifting

What do you think on buying JPM, WFC, C now?

like
like

Hello All,
If anyone is interested in getting an Amex card as first year free, please dm me. I can help with referral so that you get the card FYF and 2000 bonus points on spending just Rs. 5000 in 90 days.

like

Have 20k, what’s a good small business to start with this fund? Serious question here

like

New client looking to switch from Simple to Safe Harbor 401k (needs safe harbor because owner makes 5x what employees make(dentist office )Does anyone know if there is a custodian who offers this?

like

Hey Folks ,

Can you help me understand the PF deductions in Coforge CTC, Is it just the employers contribution ? And employees share will be deducted from Gross Monthly Salary?
Also about LTA , Can i opt out of it and get it as taxable amount?

Thanks in Advance 🙂

like

I am 25 years old with roughly no savings. I am a consultant with a technical background. Are there any tips in side jobs/ways to make more money for savings?

like

can any explain the advantages/disadvantages of doing a lump sum pension payout rather than waiting till retirement? I no longer work for the company so does my pension not grow so getting lump sum is better to move to an IRA? thanks in advance!

Can I live comfortably in Dubai on 25k a month? With wife and kid too?

like

Anyone else crazy and buying a house right now? Part 2, does anyone have new construction experience and any important lessons learned? Much appreciated!!

like

Are investment properties good for retirement?

like

These paychecks aren't cutting it. Side hustle ideas?

like

Based on the Gross salary offered I have calculated the in hand salary per month would be around 152000 considering 150000 in 80C, 50000 in NPS and 200000 deductions due to home loan interest. Total tax liability is around 400000. Any other options do I have to save tax further (other than HRA, LTA)? Thanks in advance.

Post Photo
like

Anyone have any luck selling a condo in chicago using Redfin? The 1% fee for listing is attractive compared to the standard 6% with an agent. Are there extra fees with RedFin that I should be aware of? Looking to sell as quickly as possible so weighing the options and just starting to interview agents and look around for the best way to get my place listed.

like

For a 2-year associate now tasked with senior-like roles such as reviewing and training, does anyone have advice on how to review individual hnw tax returns?

like

More Posts

I have an interview for an AR Specialist position wish me luck Fishbowl Family!!! And any pointers would be accepted.

like

Is it true that UAE public entities are the best among ME public sector clients? If yes, why?

like

Hi folks- Anybody has a tax accountant to recommend in Toronto? First year in Canada and could use some help with it. Thanks!

like
like

Considering a role at AWS advisory within proserve ... principal level .. thoughts on role? Level? Comp? Help!

like

What do fishes know about an alliance management career? How do you get into it? What’s career progression / wlb like?

like

Hi! I was wondering if anyone here works at @Patreon (doesn’t seem like I can tag it so maybe not)? Wanted to chat about what it’s like to work there, etc. PS: this post also doubles as a plea for likes so I can DM (please) Thanks in advance!

like

Hi everyone

Please help me to know where C1 falls in EXL hierarchy and what should be the range of pay cycle for C1 band

Thanks

like

Waiting for an offer, do they check references before or after giving offer? And normally how long after interview will I hear back?

like

Guys, How is NTT DATA Business solutions for SAP ABAP Consultant Role ? How's is job security and wlb there ? Do they have s/4 Hana projects? Can someone working there highlight please.

Tata Consultancy Infosys HCL Technologies NTT DATA NTT Deloitte EY Capgemini Cognizant

Are we on recession? My portfolio is super down - low cost ETF investor here

like

Which luxe car do you own/ lease? I’m gravitating towards leasing a Mercedes.

like

Hi guys, good day,
As a software engineer 2, my current pay is 17.5L base + 5% variable. I have stocks worth 6500$ and other benefits.
YOE: 3+ years
I wanted to try companies which pays 30L base minimum. How much does
Amazon offers for SDE2 and SDE3 role?
Is there any other companies I can try considering my expectations?
Language Skills: C/C++, Java, Python
Thanks in advance
Amazon Google

like

Is there any opening in amazon for citrix admin ?

like

Hi All, which is best company to work for cyber security employees?

Hi Fishes,
Please help me, what salary i expect in Global Reconciliation, after 2 years of experience.

like

I am an AM in Assurance (moved from audit 6m ago) and I am looking for an opportunity- currently i need money but WLB is also a very important factor! I love challenging and non monotonous work. Any suggestions?

like

Still don’t really understood what the Song service group is about and how it’s different from Technology and S&C? Can anyone enlighten?

like

How is the wlb at paytm noida, going to join as a Business Analyst-Senior associate and what is the salary range( have not finalised on this component with the HR)

like

Additional Posts in Consulting

7pm flight- just me myself and I @ TSA

like

Anyone afraid to take vacation in FY18, for fear of missing utilization? 🙋🏼🙋🏼‍♂️

like

I have been tagged for this project that doesn’t start until June 10th. My utilization is going to drop significantly but at the same time the deployment team cannot present me elsewhere. Ugh!

like

EY exit process: assuming they pay for PTO days but are there qualifiers? Also, is exit interview on the last day with any documentation to sign?

like

What's the best consulting firms for H1B folks who have studied masters in STEM here? Got a cousin graduating this fall and he needs to know H1B/GC policies.

like

What are some good phone apps to use for practicing case math?

like

Are there any books or classes about convincing people that have irrational arguments? Trying to figure out how to frame conversations that lead to my conclusions that aren't based in logic and fact.

like

CFA or CAIA?

Looking for non- fiction book recommendations. I just read Shoe Dog and loved it.

like

Any Freemasons lurking around here!? Thinking about making a Bowl for my Traveling Brothers. Maybe to talk about how we view this unique Labor (consulting) in a Masonic context, post some inspirational messages, recommend good books, idk stuff like that...

like

Why is that I always end up alone? Everyone I love, family, friends, romantically, either moves away, breaks up or dies. Am I so unlucky? #ForeverAlone

like

Any audio book recommendations to listen to when backpacking / vacationing?

like

Hilton has the worst rewards program.

like

Currently contracting for PwC through an LLC I set up. Can I run certifications costs for my PMP as a business expense?

like

Any recommendations for a mattress? Cheaper the better (although I’d love the Sheraton, I can’t afford $$$$)

like

Any recommendations on books to get up to speed on leading/managing teams as a new manager in consulting? Preference towards tangible case studies etc. vs. high level concepts.

like

Best books on leadership and self development?

like

Hi everyone, I’m in a medium size consulting firm started working since Oct 2021. I’m wondering is it good to jump to industry for my next move or move up in the consulting world to polish my resume better with MBB or Big 4 in my resume… any thoughts? I really don’t know what to do in life so either one works for me, but I’m just lost.

like

Here's a question I wish I never had to ask. Is it better to use the code for bereavement leave or just burn pto I'm going to lose anyway? Does it make a difference from a utilization standpoint?

like

What benefits are included in EYs frequent traveler program? How many miles or stays are required?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal