Unfortunately, the cost of living in California, especially around the Bay Area, can be one of the negative aspects of living here, according to reviews. On the other hand, it could also be the only thing that people might find inconvenient about this city. The median home value is currently about $850,000 as opposed to the national median home price of $200,000. When it comes to renting, the median rent is about $2,000, according to Niche's reviews, which is about $900 more than the national median rent cost. Luckily, most residents here have higher incomes than the average US population, so these housing prices are naturally higher due to that. The median household income per year in this city is approximately $110,000. Recent job growth is positive, and there are plenty of options and possibilities for starting a business around here.