Monday, September 8, 2014

Reflection 02: Bang for Your Buck—Cost Comparing San Jose





As Californians, we often take it as a given that our state is the best place t live. With California's stunning natural surroundings, ample job prospects, world-class arts, and rich cultural diversity we sometimes can't help but to think of our state as the center of the universe. But, as it turns out, there are actually places to live outside of California. In fact, there is a whole country's worth of places where we can call home. For this reflection, you will compare livability index of San Jose and with that of another American city.

Here are the cities you will research according to your month of birth:
  • January: St. Paul, Minnesota
  • February: Houston, Texas
  • March: Eugene, Oregon
  • April: Raleigh, North Carolina
  • May: Spokane, Washington
  • June: Denver, Colorado
  • July: Mobile, Alabama
  • August: Burlington, Vermont
  • September: Phoenix, Arizona
  • October: Nashville, Tennessee
  • November: Chicago, Illinois
  • December: Salt Lake City, Utah
Next, consult the chart below to establish a baseline for comparison with San Jose. As you can see, the median household income in San Jose is very high. In fact, it was recently named the wealthiest major city in America in a Wall Street Journal survey. The flip side of all that money, of course, is the city's staggering cost of living. Hence, San Jose was also recently granted the "distinction" of being the most expensive metro area in the nation. When researching your comparison city, consider not only the factors listed below (population, med. household income, median home price, etc ), but also those that make a city desirable to live in, such as weather, recreation, culture, and public transportation.

Though San Francisco and Oakland are listed below for comparison, your primary focus should be on metro San Jose.


Place
Pop.
Med. Household Income
Median Home
Price
Median Rent
Price (2-br)
Cost of Living
(% of US average)
Unemployment
Rate
US
317 M
$51,017
$188,900
$1,231

6.2%
California
40 M
$59,442
$429,000
$1,341
7.4%
San Jose
1 M
$99,669
$899,500
$2,282
48%+
6%
San
Francisco
780,971
$81,135
$769,600
$3,898
45%+
4.5%
Oakland
406,253
$51,683
$483,400
$3,811
37%+
9%
 
Finally, after researching your city, you must compare the "livability" of both cities. The goal is to illustrate the viability of this city compared to San Jose and Silicon Valley. For example, what are the major pros and cons of each city? How do they compare? Where would it makes the most sense for you to live and work and why? Your analysis can come, at least in part, in the form of a chart, but most of it should be in written form. You should conclude with a summary of your comparison. For example, this is how Movoto sums up living in San Jose: "San Jose is safe, but it’s a very expensive place to live. If you can afford it, then it’s definitely a city to settle down in. The average American doesn’t make enough money to live there, so you may want to consider that before you start looking for homes. If you were to lose part of your income, you are at a much higher risk of being homeless as opposed to living in an area where there’s 'financial wiggle room' for unexpected emergencies. Of course, if you can snag one of the tech jobs at Adobe or Ebay, you should able to survive. Just make sure you aren’t working in the mail room."

Finally, because stats can vary widely, please limit yourself to these sites to compile your city's profile: 

Requirements:
  • MLA Style
  • Two full pages in length

Due: Th 09.11

No comments:

Post a Comment