How much to win to live comfortably in the most expensive city of California

Live in California is synonymous with high costsbut among all the cities of the state, there is one that takes the title of the most expensive. According to a recent study, San José beat New York like the city ​​with the highest salary necessary to maintain a Comfortable living.

According to the analysis of Smartasset, an adult who resides only in San José You must win at least 147,430 dollars a year to live comfortably. This figure includes the financial rule 50/30/20, which assigns the 50% of income to basic needs as housing, food, transport and taxes, the 30% to discretionary expenses and 20% to savings and long -term investments.

For a family of four people with two adults with workthe panorama is even more challenging. It is estimated that the combined income necessary to maintain a comfortable standard of living Reach US $ 371,571 per year. This amount places San José as the most expensive city in terms of salary required, above New York and other large metropolis of the North American country.

While San José leads the list, Other cities also demand high income to sustain a similar lifestyle. As a reference, these are some of the annual wages required in other cities recognized for its high cost of living:

Compared to the average income in each of these cities, the Gap between what a family earns average and What you need to live comfortably It is considerably wide.

In San José, he average home income is US $ 136,229a figure lower than the individual salary required to cover all expenses without trouble.

The High costs In San José they are explained by various factors, and The price of housing is one of the main. Being located in the heart of the Silicon Valleythe demand for properties is very high, which triggers the Value of real estate and rentals. To this are added other elements that increase monthly spending:

Despite the high costs of life, San José is a pole of attraction for technology and entrepreneurial professionalsthanks to the presence of leading companies in the sector. However, settling in this city requires solid financial planning, a competitive salary and strategies to optimize the budget without sacrificing quality of life.