> First, there are more medium-awesome areas to choose from close to town (head to Astoria or East Williamsburg and you might shave $500-1000 off that studio, but you can still catch the N train to get to work and the neighborhood's reasonably cool).
Would this be like living across the bay in Oakland or something? The flipside of such a situation would be that you get back home from SF at midnight before the last BART or you would have to be stuck when BART decides to strike.
This would be like living across the bay in Oakland, but much better. Compared to NYC's subway as a general-purpose transport system, BART's more like a commuter rail line that happens to be underground in downtown San Francisco.
Heck, when the MTA decides to strike (which is occasionally, but less frequently than BART) you can walk to Manhattan from Astoria. Try that from Oakland-to-SOMA.