Savings rate in San Francisco — are you on track?
San Francisco is a very high cost city. San Francisco median 1-bed rent was $3,200 in 2023, down from pandemic peaks but still near all-time highs. Bay Area workers face a disproportionate cost burden; even high earners report difficulty building savings.
Median rent
$3,200/mo
San Francisco 2023
Typical other costs
$2,200/mo
excl. housing
Savings benchmark
7–20%
mid-income USD
Pre-set for San Francisco — adjust to your situation
What a good savings rate looks like in San Francisco
Using data from BLS Consumer Expenditure Survey 2023, people at mid-range incomes in United States typically save between 7–20% of gross income. In a very high cost city like San Francisco, housing costs can compress that meaningfully — especially for renters.
Source: BLS Consumer Expenditure Survey 2023. Benchmarks shown for mid-income earners in United States.
Compare nearby cities