Having and operating a business is a big deal. And for you as a business owner, it should be very important how good your business is doing. LA is an amazing city for businesses as it has plenty of residents and even more tourists. But LA is very expensive and it isn’t a city for everyone. If you are thinking about relocating your business somewhere else, we have to suggest San Diego. It is an amazing city that is also located in the state of California which makes your commercial move easier to handle. This text will help you decide whether or not should you move your business from LA to San Diego this year.
Cost of living in San Diego
When it comes to the cost of living, San Diego is much more affordable than Los Angeles. LA is known as one of the most expensive cities not only in the state but in the country too. This means that if you decide to move your business from LA to San Diego, your earnings will be bigger because you will be spending less money in your day to day life on amenities.
If you will be renting an apartment for yourself and your family, you will be paying less than you were in LA. You need at least $2,000 a month to pay rent in San Diego. But the amount of money you have to pay for an apartment in Los Angeles is much bigger. If you want to purchase a home, you have to be prepared to spend a lot of money. But luckily, nearly not as much as in Los Angeles. The average sale price of a home in San Diego is around $635K whereas in Los Angeles it sits around $750K.
When it comes to transportation in San Diego, you have plenty of public transportation options which is not the case in Los Angeles. In fact, LA is known for having poor public transport. And if you own a car, you will pay around $3.70 per gallon of gas. This is a bit more expensive than in Los Angeles. When it comes to food, the average cost for food for one person is $320 a month. This is much cheaper than living in LA where you would have to spend at least $500 a month on food. So, if you want to save some money when it comes to the cost of living, move your business from LA to San Diego. And do it with the help of Los Angeles Transfer and Storage.
Renting office space
Another thing that makes San Diego better for business owners is the fact that office spaces are much cheaper to rent than in Los Angeles. Office for rent in San Diego is on average $2.82 per square foot. And if you were renting office spaces in Los Angeles, you probably had to pay $3.50 per square foot. This doesn’t seem like a big difference but it adds up over the year to a big expense. So, if you are going to plan the entire budget in advance for your relocation, have in mind that renting office spaces in San Diego also saves you money which means you will have more money every month after moving to San Diego. And if you can’t decide between buying and renting office spaces, we think that renting is a much better solution.
There are plenty of resources for both you and your business
What makes San Diego an amazing city for businesses and business owners is the number of resources you can use in order to improve your business or start a business. This is why over the past few years San Diego became a community of startups. By resources, we mean different kinds of financial solutions. You can get personal loans that can be used for all sorts of expenses. You can easily get credit cards, title loans, credit builder loans, and even payday loans. And if one of these is what you currently need, here is where you can read how to speed up your business relocation.
But all the loans and credits won’t be necessary because San Diego is known to be a city where income is much higher than in other cities. Especially if you are a business owner. The average household income in San Diego is around $103K a year. Have in mind that the national average annual income is around $90K a year. This alone is probably enough to make you want to relocate your business to San Diego as soon as possible. If so, hire consultants specialized for such relocations if you want to make your move as least stressful as possible.
Amazing and cheap education
And if you are planning on starting a family, living in San Diego is an amazing thing. There are plenty of amazing schools here and not all of them are expensive. Your children will be able to get a great education and live in an amazing city full of opportunities. And who wouldn’t want that for their children?
Now that you know more about living and working in San Diego, you are probably starting to seriously consider moving to this amazing city. And we think that this would be a great idea for everyone and not just business owners. San Diego has plenty of job opportunities and it is a very nice city to live in.