Not saying that 500k isn't more than adequate but $5000 is only a one bedroom now.
SF totally jumped the shark.
But even if my figure is wrong then it's only because I accidentally posted it from three or four years in the future. But I suppose it's good news that a one bedroom is only $40k a year rather than $60k. At the moment anyway. And if you made 100k, then it's only 2.5 times more than taxes and leaves you a full 40% of your salary to thrive on, so that's nice.
You can get a 3 bedroom with that budget.
Only the new construction in soma is more than that.