NewsMaking It In San Diego


Report: San Diegans spending more than $4K a month on rent, childcare

Posted at 8:32 PM, Aug 28, 2018
and last updated 2018-08-29 12:45:57-04

SAN DIEGO (KGTV) -- San Diego renters with children spend almost as much on childcare as they do on rent, according to a new report.

The report by HotPads found that, combined with rent, San Diegans dish out roughly $4,195 a month on both expenses. Only four other cities, San Jose, San Francisco, Los Angeles and Boston had higher combined costs. 

According to the site, the average monthly cost of childcare in America’s Finest City is $1,515 more than half the median cost to rent, which came in at $2,680.

JOIN THE CONVERSATION:How do you save money on these two necessities?

Surprisingly, the report discovered that the cost of childcare in San Diego was similar to the national average, which came in at $1,385.

The high price tag may also play a role in where renters with children choose to live. According to a report by Zillow, those renters are more likely to prioritize the number of bedrooms and square footage in a home or apartment when searching for a place to live.

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