January 23rd – Tables Summarizing Wage, Rent, And Rent Burden for 2014 vs. 2018

Hi all,

I used some of the available rental data from other COLA members and summarized the changes from 2014-2018. Please find rental rate increases, wage increases, and rent burdens.
Please let me know if you find something that needs to be changed. 5-8 Bedroom homes were considered to be 5 bedrooms.
Best,
Stephan

Santa Cruz Rent Change: 2014-2018
Rental TypeRent PBR 2014Rent PBR 2018$ Change in 4 years% Change in 4 years
1 BR Apt/Condo $               1,306  $               2,079  $                             773 59%
1 BR House/Duplex $               1,500  $               1,995  $                             495 33%
2 BR Apt/Condo $                  953  $               1,388  $                             435 46%
2 BR House/Duplex $               1,086  $               1,489  $                             403 37%
3 BR Apt/Condo $                  950  $               1,092  $                             142 15%
3 BR House/Duplex $                  974  $               1,284  $                             310 32%
4 BR House/Apt/Condo $                  931  $               1,172  $                             241 26%
5-8 BR House/Apt/Condo $                  950  $               1,129  $                             179 19%
Room in Shared Housing $                  795  $               1,017  $                             222 28%
Studios/Efficiencies $                  983  $               1,428  $                             445 45%
PBR: Per Bedroom
Change in 5 years was calculated by subtracting  column 2 from column 3
% Change in 5 years was calculated by dividing column 4 by column 2 and then multiplying by 100
Data Source: UC Santa Cruz Community Rentals Five Year Cost Comparison (communityrentals.ucsc.edu/cost/5-year.html)

UC Santa Cruz Graduate Student Wage Change: 2014-2018
Salary TypeMonthly 2014Monthly 2018$ Change in 4 years% Change in 4 years
Teaching Assistant $              1,545  $              1,773  $                             228 15%
Teaching Fellow $              1,811  $              2,078  $                             267 15%
PBR: Per Bedroom
Change in 5 years was calculated by subtracting  column 2 from column 3
% Change in 5 years was calculated by dividing column 4 by column 2 and then multiplying by 100
Data Source: UC Santa Cruz Salary Scales 2014 & 2018 (apo.ucsc.edu/compensation/salary-scales/index.html)

UC Santa Cruz Graduate Student Rent Burden: 2014-2018 (Teaching Assistant)
Rent Type2014 Rent Burden2018 Rent Burden% Change in 4 years
1 BR Apt/Condo83%117%41%
1 BR House/Duplex95%113%18%
2 BR Apt/Condo60%78%29%
2 BR House/Duplex69%84%22%
3 BR Apt/Condo60%62%2%
3 BR House/Duplex62%72%17%
4 BR House/Apt/Condo59%66%12%
5-8 BR House/Apt/Condo60%64%6%
Room in Shared Housing50%57%14%
Studios/Efficiencies62%81%29%
Rent burden was calculated as the monthly wage divided by rent for 1 bedroom.

UC Santa Cruz Graduate Student Rent Burden: 2014-2018 (Teaching Fellow)
Rent Type2014 Rent Burden2018 Rent Burden% Change in 4 years
1 BR Apt/Condo72%100%39%
1 BR House/Duplex83%96%16%
2 BR Apt/Condo53%67%27%
2 BR House/Duplex60%72%19%
3 BR Apt/Condo52%53%0%
3 BR House/Duplex54%62%15%
4 BR House/Apt/Condo51%56%10%
5-8 BR House/Apt/Condo52%54%4%
Room in Shared Housing44%49%11%
Studios/Efficiencies54%69%27%
Rent burden was calculated as the monthly wage divided by rent for 1 bedroom

All the best,
Stephan