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San Francisco's AI boom is pricing out six-figure tech workers who can't find rent under $5,000

San Francisco's AI boom is driving up the cost of living so fast that even couples earning $365,000 a year can't find an affordable apartment. Median rent sits at $3,827, and homes cost $1.7 million on average. The expected IPOs of OpenAI and Anthropic could make things even worse for those not profiting from the AI boom. The article San Francisco's AI boom is pricing out six-figure tech workers who can't find rent under $5,000 appeared first on The Decoder.

San Francisco's AI boom is pricing out six-figure tech workers who can't find rent under $5,000
Primary source the-decoder.com ↗

Published June 30, 2026 · Category: AI Briefing

Overview

San Francisco's AI boom is driving up the cost of living so fast that even couples earning $365,000 a year can't find an affordable apartment. Median rent sits at $3,827, and homes cost $1.7 million on average. The expected IPOs of OpenAI and Anthropic could make things even worse for those not profiting from the AI boom.

Details

The article San Francisco's AI boom is pricing out six-figure tech workers who can't find rent under $5,000 appeared first on The Decoder.

Source

Originally published at the-decoder.com.

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Note: This story is aggregated and summarized from the primary source linked above; the original publisher retains all rights. Details may evolve after publication — always confirm against the source. Nothing here is professional, legal or investment advice.

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