San Francisco Chronicle: Here’s how much money you need to make to rent an apartment in S.F.

Protected: Confidential Table Viewing: EMC Polling Presentation
July 26, 2022
Money on a foosball table
California Housing Advocates OpposeOut-of-State Corporate Online Sports Betting Measure
August 15, 2022
keys in between two hands

It now takes a full-time income of more than $61 an hour to comfortably afford the rent for an average two-bedroom apartment in the San Francisco metro area.

That’s far more than other expensive U.S. cities like New York, where it takes $45 an hour on a standard 40-hour-per-week schedule, and more than triple San Francisco’s $16.99 minimum wage, according to a new report by the National Low Income Housing Coalition.

“These numbers are just a really clear mirror being held up,” said Alina Harway, communications director for the Non-Profit Housing Association of Northern California. “We’re seeing how the economy has created this big gap between those who have and those who don’t.”

Read more via San Francisco Chronicle