It's very difficult. Whole classes of hobbies are more or less out of the question in the Bay just because of the high cost of housing. If you play the game for a few years, some doors open up but it's never going to be as straightforward as it would be in a low COL area. You'll end up using more shared spaces and possibly need to sacrifice on the commute front to buy more spacious housing.

On the other hand, new venues open up due to the larger amounts of cash on hand. More expensive travel or dining, for example.