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February 27, 2013

Couch-surf or get a roommate by Don Bauder, San Diego Reader. “Youth is too beautiful to be wasted on the young. That may have been true in the 19th Century, but in 21st-century San Diego — and elsewhere — being youthful is no longer so beautiful, at least from an economic standpoint. The recession hit young adults harder than other age groups, and they have gained back less ground than older generations in the recovery.

“…San Diegans of all ages have long lived in an economic squeeze: the cost of living is one of the highest in the nation, but incomes are only moderately higher than those in other metro areas.

“It is no secret that it costs a lot to live in San Diego,” says Margie de Ruyter, senior director of workforce initiatives for the San Diego Workforce Partnership. Data from the partnership tell the story: basic monthly living expenses for a single adult in San Diego County come to $2959; that requires a salary of $35,508 a year.

But look at what average young adults make in the county, according to California Employment Development Department data:” Read Full Story

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