Is 50,000 enough to live comfortably in the marina or SOMA district?

Question

I'll be moving to SF to start my career and I want to live in one of the younger districts with a good nightlife. I'd like to know what to expect to pay for rent and whether or not 50,000 a year would be enough to live somewhat comfortably in those areas?

Answer 1

A crummy little studio will / would cost you over $1,200 a month, if you can find one. Comfortably? I doubt it.

Answer 2

You can live comfortable on 50,000 A year especially if you get ried of your car. My daughter lives in San Francisco. She found out that having a car in San Francisco was waste of money. By not having a car  she saved $800 a month  that's almost 10 Grand a year. San Francisco has the best transportation system of any city in United States. When she goes out of town she rents car. You can rent a lot of cars on 1O grand.

Answer 3

things may be a little tight.  marina/soma are somewhat pricey.  you could get an ok studio for maybe $1400+  look on craiglist.org for prices.

if you want a one bedroom i would figure 1800ish in marina, $2200 in soma.  these will probably be nice, but not amazing.

if you have a car you will need to factor in a parking space which is a couple hundred a month as well.

Answer 4

All depends on how you live your life. If you're a very frugal person then maybe but otherwise, no, it isn't my idea of "comfortable". You certainly won't be able to buy a home or condo with that income. BTW, there really isn't much nightlife in the Marina. SOMA would be a better fit for nightlife.

Answer 5

If that $50,000 is before taxes (gross income), then it'll only be $30,000 after taxes--and it's going to be tight.  You can live with roommates which will bring your monthly rent down and you'll probably be able to live in a nicer area even though you'll be sharing.  If it's $50,000 net, then you should be able to live fairly comfy (moreso if you have a roommate or two).  

Answer 6

If you can deal with the fact that half your income will be going to rent, sure, you could live on that.