3 ms·
Downsizing is a plus, not something to be baked into estimates. If down sizing to having roommates in the Bay Area, then the only fair comparison is the same ro
by baccheion 10y ago
Downsizing is a plus, not something to be baked into estimates. If down sizing to having roommates in the Bay Area, then the only fair comparison is the same roommate situation elsewhere.
The idea is to normalize salaries by cost of living. If you have more specific information for each area (you have actual offers), then you can use that. However, using a lower rent for the Bay Area, for example, because you'll have roommate, may set you up to take an equivalently lower salary.
For example, if you're going from $100k/$2000 location to $100k/$3000 (salary / rent), but you set it back to $2000 because that's your rent with roommates, you've foolishly/ignorantly accepted a lower equivalent salary.