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Is 85k a good salary in San Diego?

Posted on October 29, 2022 by Author

Table of Contents

  • 1 Is 85k a good salary in San Diego?
  • 2 What salary do you need to live in San Diego 2020?
  • 3 How much does the average person make in San Diego?
  • 4 Is $120000 a good salary?
  • 5 What salary is upper class?
  • 6 What salary do you need to live comfortably in San Diego?
  • 7 How much income do you need to live comfortably in Las Vegas?

Is 85k a good salary in San Diego?

It’s basically a 2 income household most anywhere you live. But at $85,000, you have the capability to afford rent or possibly a home.

What salary do you need to live in San Diego 2020?

As you can see from our breakdown of the San Diego cost of living, a $100,000 salary should be enough to live comfortably in San Diego, provided you aren’t spending excessive amounts of money on travel, gambling, or luxury goods.

What salary is good in Silicon Valley?

Silicon Valley Salary in San Jose, CA

Annual Salary Weekly Pay
Top Earners $169,396 $3,257
75th Percentile $120,271 $2,312
Average $89,686 $1,724
25th Percentile $47,995 $922

How much money do I need to live comfortably in San Diego?

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You shouldn’t be spending more than 25 percent of your gross monthly salary on rent. So if your income is $4,000 a month ($48K/year), your monthly rent should be no higher than $1,000. But in San Diego, the average rent is $1852 per month, and that’s for a one-bedroom, an increase of 2.7 percent from the previous year.

How much does the average person make in San Diego?

Average Salary in San Diego, CA

Annual Salary Weekly Pay
Top Earners $91,982 $1,768
75th Percentile $75,629 $1,454
Average $68,564 $1,318
25th Percentile $50,590 $972

Is $120000 a good salary?

An annual salary of $120,000 would sound like a pretty good deal anywhere around the world. But that may not always be the case in Silicon Valley, where soaring rent prices and its brutal cost of living make $120,000 look almost average — even though it’s more than double the US median household income.

What is 120k salary?

$120,000 per Year Breakdown Table

Type of Income Amount Paid
Annual Income (2,080 Hours Paid) $120,000
Monthly Income (Annual / 12 Months) $10,000
Biweekly Income (Annual / 26 pay cycles) $4,615
Weekly Income (Annual / 52 work weeks) $2,308
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What is a comfortable salary?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

What salary is upper class?

Those who earn more than $373,894 are rich….What Is a Middle-Class Income?

Income group Income
Lower-middle class $32,048 – $53,413
Middle class $53,413 – $106,827
Upper-middle class $106,827 – $373,894

What salary do you need to live comfortably in San Diego?

San Diego is the first of six California cities — nearly half of the entire list — that require you to earn at least $80,000 a year to live a comfortable life. There’s a 22.2 percent difference between what the typical resident earns and what the typical resident needs to enjoy a cozy life in the SoCal destination city.

How much money do you need to live comfortably in your city?

Some cities have median incomes way lower than what you need. There is no one answer to how much money you need to make to live comfortably, but one oft-used rule of thumb in budgeting is the 50/30/20 rule — which calls for half your income to go to necessities, 20\% to savings and investments and 30\% for splurges and fun.

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How much money do you need to live comfortably in San Antonio?

However, it does seem as though some of the costs have migrated there, as you’ll need to make over $90,000 a year to live comfortably. San Antonio is a relatively affordable place to live, with the income needed to live comfortably while paying a mortgage at just over $70,000 a year.

How much income do you need to live comfortably in Las Vegas?

The typical homeowner is just $17,511 short what they need to live comfortably while the typical renter is $22,167 below that level. The income needed to live comfortably in Las Vegas is higher than many but still below the average level for the 50 cities included here.

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