A recent study by CommercialCafe, a real estate listing service owned by the data firm Yardi Matrix, ranked the best cities suited for people ages 18 to 25 – better known as Generation Z.
The best cities for Gen Zers are in the Northeast, Midwest, and Southwest, according to the study.
The study looked at factors such as the cost of living, the availability of jobs, and the quality of life in each city.
Gen Zers are looking for affordable places to live that offer good job prospects and a high quality of life.
Cities in the Northeast, Midwest, and Southwest offer all of these things and more, making them the best places for Gen Zers to live.
Is 401k worth it for Gen Z?
401(k) plans are a must-have benefit for workers of all ages, including Gen Z participants who report having changed jobs twice already on average. These plans help workers keep track of multiple accounts as they change jobs.
Can you live in Bay Area with 100k salary?
A solid salary is $100k and you can live comfortably as long as you keep your housing budget relatively sane by Bay Area standards. This means that after taxes, food, moderate entertainment and insurance, you’ve probably got $20–30k left to play with for housing and savings.
How much does a family of 4 need to live in San Francisco?
The cost of living in San Francisco is quite high. A family of four can expect to spend around 4,994 dollars per month, not including rent. For a single person, the estimated cost of living is 1,382 dollars per month, again not including rent.
Basic utilities for a 915 square foot apartment, such as electricity, heating, cooling, water, and garbage, can cost 2313 dollars per month.
Transportation costs can also be quite high in San Francisco. For example, a monthly public transit pass can cost 85 dollars.
Overall, the cost of living in San Francisco is high, but it is still possible to live relatively affordably if you are careful with your spending.
Do you have to be a millionaire to live in San Francisco?
7 million dollars is the average net worth one needs to have to be considered financially comfortable in San Francisco, as opposed to the 3 million dollars needed in 2021, according to Charles Schwab’s Modern Wealth Survey for 202
I’m Brendan Rivers, and I love all things real estate. I live in sunny Los Angeles and work as a real estate expert. I enjoy helping people find their dream home, and I love everything about the process of buying and selling property.
I’m originally from Boston, and I love spending time with my family and friends there. When I’m not working or hanging out with loved ones, you can usually find me at the beach or exploring new parts of LA.