My prior post was about people sans kids in San Francisco. But what about the people who DO have kids here? Apparently, a new study reveals that San Francisco is the 4th most expensive city to raise kids in. (San Jose is #1). Well no wonder parents are fleeing the city. If you ain't a trust fund baby some IT guy who cashed out from IPO, how can you afford to maintain your standard of living PLUS raise a baby not in poverty in SF?! You can't! So you move to the East Bay, Peninsula or Marin. I hear this all the time from my clients. That's why I had my tubes tied. LOL!
According to a new Redfin study, 3 of the 5 most expensive cities for new parents are in the Bay Area. Expenses analyzed include housing, utilities (energy costs), childcare, healthcare, and retail items needed for babies. And by Redfin’s calculations, San Jose is the most expensive in the country, followed by Santa Cruz, CA. San Francisco takes 4th place.