Since most responses focus on SF or the peninsula, I want to add my 2c. Living in East Bay (Oakland or Berkeley) is also a good option. Rent in Emeryville/South Berkeley/North Oakland is cheaper than SF, but it's still easy to get to SF/Peninsula by BART.
We were renting a 1400sq ft 3 bedroom house in Emeryville for $1750/mo a couple years back, and a 700sq ft 1 bedroom apartment in South Berkeley for $750/mo before that. An 1800 sq ft house in Oakland rents for about $2200.
There's a lot of students in Berkeley, so it's also easier to find rooms/sublets than in SF, possibly. As far as public transit goes, it's a bit more painful than SF, but not too bad. My morning commute from Oakland to work in SOMA takes about 30 minutes - 10 minute walk, 15 minutes (2 stops) on BART, another 5 minute walk. No stress, no driving, no tolls, no parking fees ($3 dollars one way, versus $5 bridge toll, $20 for a day's parking downtown, and a couple bucks in gas you'd spend driving).
http://housingmaps.com/ (craigslist frontend) can give you a good idea about the price ranges around different locations in the Bay Area.
That's true, but the OP said he's only planning to move here; hence, I imagine he's not tied to a particular job location yet. Also, I know plenty of people commuting to SF from Dublin/Pleasanton/Walnut Creek, which is comparable to getting from Berkeley to Palo Alto. But you're right, having to switch to Caltrain to go anywhere further south than Millbrae is a pain.
We were renting a 1400sq ft 3 bedroom house in Emeryville for $1750/mo a couple years back, and a 700sq ft 1 bedroom apartment in South Berkeley for $750/mo before that. An 1800 sq ft house in Oakland rents for about $2200.
There's a lot of students in Berkeley, so it's also easier to find rooms/sublets than in SF, possibly. As far as public transit goes, it's a bit more painful than SF, but not too bad. My morning commute from Oakland to work in SOMA takes about 30 minutes - 10 minute walk, 15 minutes (2 stops) on BART, another 5 minute walk. No stress, no driving, no tolls, no parking fees ($3 dollars one way, versus $5 bridge toll, $20 for a day's parking downtown, and a couple bucks in gas you'd spend driving).
http://housingmaps.com/ (craigslist frontend) can give you a good idea about the price ranges around different locations in the Bay Area.