Report Ranks San Jose As Most Expensive Large City In The Country

CBS Bay Area

July 25, 2025

The cost of living in the Bay Area's largest city has become exceedingly expensive, according to a new report, which says it is now the most expensive large city in the entire country.

The latest Silicon Valley Pain Index report, published by San Jose State University, reports that the average city renter needs to make more than $136,000 to keep their housing payments at 30% of their income.

The report also says it's 81% more expensive to live in San Jose compared to the national average, meaning that for a median-priced home in San Jose, an annual household income of $370,000 is needed.

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