I pay $2,800 for a 3,200 sqft house in a safe, walkable, quiet neighborhood near downtown with better weather than SF.
I'm not saying you can't have a good life in SF, but it's much more common to have a terrible life, and the (small) career opportunities aren't worth.
I also think SF has particularly bad startup culture because of the particular VCs there, but that's a matter of preference. I'd rather work on "boring" startups with gray-haired industry veterans than a moonshot with arrogant, unproven 28 year olds who went to Stanford.