Narrative: Basically the most costly counties to rent in the US are all in the Bay Order – SF Gate
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Narrative: Basically the most costly counties to rent in the US are all in the Bay Order – SF Gate

By Madeline Wells, SFGATE

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  • FILE - Seven out of ten of the most costly counties in the United States are in the Bay Order, in step with the National Low Earnings Housing Coalition’s annual “Out of Reach” sage. Photo: Gabrielle Lurie / The Memoir 2018

    FILE – Seven out of ten of the most costly counties in the United States are in the Bay Order, in step with the National Low Earnings Housing Coalition’s annual “Out of Reach” sage.

    FILE – Seven out of ten of the most costly counties in the United States are in the Bay Order, in step with the National Low Earnings Housing Coalition’s annual “Out of Reach” sage.

    Photo: Gabrielle Lurie / The Memoir 2018

Photo: Gabrielle Lurie / The Memoir 2018

FILE – Seven out of ten of the most costly counties in the United States are in the Bay Order, in step with the National Low Earnings Housing Coalition’s annual “Out of Reach” sage.

FILE – Seven out of ten of the most costly counties in the United States are in the Bay Order, in step with the National Low Earnings Housing Coalition’s annual “Out of Reach” sage.

Photo: Gabrielle Lurie / The Memoir 2018

For the 2nd yr in a row, the Bay Order has obtained. But it be no longer an award to be contented with. This one’s for being ridiculously, disgustingly costly (as stylish): In accordance to the National Low Earnings Housing Coalition’s annual “Out of Reach” sage, Marin, San Francisco, and San Mateo counties are all tied for prime most costly county in the full nation.

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The “Out of Reach” sage targets to showcase the disparity between what folks invent and what housing in truth prices. In accordance to the sage, tenants in these counties have to construct $60.ninety six an hour to rent a two-mattress room home for $3,170, which is what they estimate to be the sexy market payment. This hourly wage will doubtless be calculated so tenants are no longer spending more than 30 p.c of their salary on housing.

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That’s a salary of $127,000 a yr to have ample money modest housing. The comparison to the nationwide housing wage — $22.ninety six an hour — is jarring.

Within the meantime, minimal wage in Marin County is $14.80 an hour with no successfully being advantages (or $Thirteen with advantages) and $15 an hour in San Francisco and San Mateo counties.

“Low wages, wage inequality, racial inequities and a extreme scarcity of cheap condo homes whisk away too many vulnerable folks unable to have ample money their housing,” reads the “Out of Reach” sage.

The upper Bay Order doesn’t have it severely better: the tip seven most costly counties on the checklist are also local. So if you happen to reside in San Mateo, Santa Clara, Santa Cruz, Alameda or Contra Costa counties, that you just would be in a position to well restful have to construct between $forty.88 and $fifty four.60 an hour to have ample money the modest two-mattress room of your goals.

Rounding out the tip 10 most costly counties are San Diego County, Honolulu County and Orange County. That’s nine for ten, California. Dwelling in the Golden Order undoubtedly comes at a sign.

Madeline Wells is an SFGate editorial assistant. Email: madeline.wells@sfgate.com | Twitter: @madwells22

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June 19, 2019
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