San Jose, California is in a valley surrounded by beautiful rolling hills, close to the Pacific Ocean and San Francisco Bay. The city of San Jose is approximately 50 miles from San Francisco and only 40 miles from the San Francisco International Airport. San Jose is the seat of Santa Clara County and is one of the wealthiest counties in the country.
Street names like Blossom Hill Road give a nod to the once vast agricultural economy that made San Jose a successful city long before tech companies took hold. Today, over a million people live in San Jose, making it the third most populous city in California. .
How much is San Jose, California?
Living in San Jose is very expensive. To live in San Jose, you’ll pay on average 81% more for housing, utilities, and transportation than the national average. The median cost of a one-bedroom apartment in San Jose is around $ 2,000, which is a 5% drop from 2020, while still making this Silicon Valley city the fourth-largest rental market. expensive from the United States.
Depending on your usage and the part of San Jose you live in, your average water bill price is $ 100.00, the average PG&E (Pacific Gas and Electric) bill is between $ 150 and $ 200 USD per month, and a combination of Internet, cable, and phone services cost around $ 175 per month.
What’s the cost of living in San Jose, California?
According to the country scale, the overall cost of living in San Jose is 49% higher than the national average, with housing costs climbing 148% higher than the national average. Utilities are also quite expensive, on average about 26% more than the rest of the country pays.
While you have access to many specialty grocery stores such as Whole Foods, Zanotto’s Family Market, and Trader Joe’s, you’ll pay around 21% more for groceries than the national average. The restaurants in San Jose rival those in San Francisco, but the prices are a bit more reasonable than those in SF. San Jose has a vibrant transit scene with access to CalTrans, BART, and the VTA bus system, however, the average cost of transportation is about 11% more than the rest of the country.
Why is the cost of living in San Jose so expensive?
Over the past 20 years, the Bay Area job market has exploded as big tech companies like Google, Facebook, Apple, and Cisco Systems have moved to Silicon Valley. With an influx of well-paying employees, restrictive housing regulations, and limited space to build new housing, the cost of living in San Jose has skyrocketed. The cost of building materials and labor has increased dramatically with the technology boom which has added to the high cost of living in San Jose.
How much does an apartment cost in San Jose?
San Jose spans 180 square miles, so depending on the neighborhood, you can find one-bedroom apartments that can cost up to $ 3,900 per month in the Willow Glen area. Studios in The Villas area cost up to $ 3,245 per month, and a two-bedroom apartment in the Dry Creek area can cost as much as $ 4,373.
How to find cheap apartments in San Jose?
Before you begin your search for an affordable or inexpensive apartment in San Jose, there are several factors you should consider, including whether you want to live near the college campus, close to downtown, or plan to drive or use transportation. in common.
Consider these avenues and resources to help you find a cheap apartment:
- Get a roommate: If you know someone you could comfortably share a living space with, a roommate can help you lower the cost of living in San Jose. You can also search for roommates on bulletin boards at local schools, the library, cafe, or grocery store. Before signing a rental or leasing agreement, also sign a shared apartment rental agreement template so that you are all on the same page on the rules and policies for renting an apartment together.
- Use Zumper as a resource: Zumper is constantly updating its rental listings, and you can search and reserve an apartment directly online. If you sign up for Zumper’s Instarent feature, you’ll know within 24 hours of your apartment being approved. When you visit Zumper’s website for apartments in San Jose, you can add filters for the type of budget apartment you are looking for and receive notifications when a rental property that matches your criteria becomes available.
What’s the cheapest rent in San Jose?
While you can find cheap rentals in San Jose, you want to factor in the distance from the apartment to your workplace, where you go to school, and amenities. If you have to drive to work or school, the commute time is often over an hour to get to San Francisco and various parts of San Jose. You can find yourself sitting in bumper-to-bumper traffic all over San Jose and the Bay Area.
The average rent for a one-bedroom apartment in San Jose is $ 2,031. The cheapest neighborhoods to rent an apartment in San Jose are North San Jose, Blossom Valley, East San Jose, Evergreen, and Santa Teresa. Sometimes you can find inexpensive studios for as little as $ 950 a month, but they’re not always in the most desirable locations and can be found in garages or converted basements.
When you set a budget for what you can spend on a cheap apartment rental in San Jose, CA, you should budget around $ 1,150 for a studio and around $ 2,000 for a one-bedroom apartment. Using a San Jose salary calculator and entering an average of $ 2,000 per month for rent, about $ 600 per month for utilities, transportation, groceries, and have some cash to take advantage of. the dining, entertainment, and nightlife scene, you need to earn at least $ 150,000 a year to live comfortably in San Jose.
If you have a well-paying job in San Jose, take advantage of plenty of free activities in the area, and choose to live in one of the more affordable neighborhoods, San Jose is a great place to live. Start your search for an apartment in San Jose, California, and find the perfect spot for your budget and lifestyle.