You can do better if you move to the East Bay and cut your rent in half.
An hour each way (20 minutes for first and last mile, 40 minute train ride) will save you maybe 30%.
this equation is often true for non-family people I know: SFRent - EBRent <= OwningCar
for family people renting bigger spaces, the equation then might look like: SFRent - EBRent >= OwningCar