Consultant Hours
  • Mon - Fri: 5:00 AM - 9:00 PM PT
  • Sat - Sun: 5:00 AM - 5:30 PM PT

What’s the Cost of Living in San Diego, CA?

When planning for retirement, it is helpful to know how much money you need to save. This makes it important for you to do your research and find out the cost of living in your preferred city. There is no getting around the fact that San Diego is one of the most expensive places to live in the United States. However, there are many big expenses that are affordable, and you can’t beat the gorgeous year-round weather here.

The cost of living in San Diego is 21.2 percent above the national average. But, how does America’s Finest City compare to the rest of the country when it comes to the expenses golden agers face?

San Diego’s Housing Expenses

Both rents and house prices exhibit a steady upward trend in San Diego, and this trend shows no signs of slowing down as the city continues to grow. The median home price in San Diego is $433,600 according to numbers published by Forbes in July of 2015. The rent of a one-bedroom apartment averages $1,757 per month in San Diego. Two bedrooms will cost you $2,178. There are many attractive suburbs near San Diego where you might be able to find better deals.

San Diego’s Food Prices

San Diegans spend a significantly smaller proportion of their household budgets on food than the rest of the nation. On average, eleven percent of their expenditures are for food. Of their food expenditures, San Diego residents spend a higher percentage on eating out than the US average. On average, milk costs $3.57 per gallon, eggs are $3.98 for a dozen, and boneless, skinless chicken breasts are $3.85 per pound in San Diego.

Transportation Prices in San Diego

Compared to the rest of the US, transportation spending is not proportionally different in San Diego. Residents spend an average of 16.3 percent of their budgets on transportation, but if you are a retiree who doesn’t have a daily commute, you can expect to spend even less. Gas prices are high and range from $2.55 and $3.33 per gallon in San Diego. On the other hand, car insurance is among the lowest in the nation at $1,474.71 per year. You might be able to get an even better rate depending on where you live in the city, your driving history, the vehicle you drive, and your driving habits.

Senior Care Costs in San Diego

In all categories, senior care in San Diego is more expensive than the national median. Home care in San Diego averages about $54,000 per year compared to $46,000 nationwide. Adult day health care is $20,800 versus $17,680 for the rest of the country. In San Diego, seniors can expect to pay an average of $48,000 per year for assisted living, which is over $4,000 more than the national average. And, the costs for private and semi-private rooms in a nursing home are $119,355 and $87,600 respectively in San Diego and $92,378 and $82,125 nationally.

Since prices vary so much, it is worth your time to research San Diego before choosing your housing.

Learn more about San Diego Retirement Planning here:

How Much Does It Cost to Retire in San Diego, CA?

San Diego Financial Advisors

San Diego Elder Law Attorneys

San Diego Senior Realtors

San Diego Senior Movers and Downsizers

San Diego Neighborhood Guide

Live Like a Local in San Diego

San Diego Demographics and Lifestyle

Find assisted living in San Diego near you.