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I can't wait for Austin salaries to catch up to the other tech epicenters. I graduated and left to Seattle for a 2x pay increase over many of my peers. Now in N
by bm1362 11y ago
I can't wait for Austin salaries to catch up to the other tech epicenters. I graduated and left to Seattle for a 2x pay increase over many of my peers. Now in NYC riding the tech bubble and missing the rich family and social networks I have down there. I've never come across any interesting jobs in the area that didn't feel 2nd rate.
- Nicholas_C 11y agoHave you adjusted for cost of living? Austin salaries are lower but probably not much lower if at all when adjusted for cost of living.
- bm1362 11y agoI've adjusted by paying off fixed costs (loans) and living cheaply. The savings growth is obviously greater with such a higher wage. Additionally, the growth of RSUs has exacerbated the difference. I also haven't had to own a car for the last couple years; reducing fixed costs yet again. My quality of life is generally higher in Austin but the opportunities to save tons of money are too lucrative to pass up. Those savings have enabled me to travel and engage in a more dramatic, experience driven lifestyle.
- jseliger 11y agoHave you adjusted for cost of living? Seattle's raw rent / housing costs are much higher than they used to be (i.e. see http://www.seattletimes.com/business/real-estate/home-prices-in-seattle-pop-nearly-19-percent-for-the-year/ http://www.seattletimes.com/business/real-estate/home-prices... for one example), but Washington State still has no income tax and its land-use policies are somewhat more sane than tech hubs like SF or NYC (http://www.geekwire.com/2016/redfin-ceo-glenn-kelman-shares-data-on-the-seattle-housing-crisis/ http://www.geekwire.com/2016/redfin-ceo-glenn-kelman-shares-...). Austin is much, much less expensive than SF, but not that much less expensive than Seattle. A 2x salary or even 1.5x salary is going to make Seattle much more appealing on a purely financial basis. NYC is costly but has interesting dating dynamics for straight guys: http://jakeseliger.com/2015/09/19/briefly-noted-date-onomics-how-dating-became-a-lopsided-numbers-game-jon-birger/ http://jakeseliger.com/2015/09/19/briefly-noted-date-onomics....
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