4 ms·
In California, after taxes, you take home about 60-70% of your gross income depending on deductions. It's a lot of money, but property in San Francisco is going
by et-al 10y ago
In California, after taxes, you take home about 60-70% of your gross income depending on deductions. It's a lot of money, but property in San Francisco is going for at least $800k right now.
If you want a further breakdown on numbers, linkregister and I came up with a fairly solid breakdown a while back for a new grad in SF: https://news.ycombinator.com/item?id=13009702 https://news.ycombinator.com/item?id=13009702
Note that $1200 gets you a room in a shared flat. If you want your own one-bedroom apartment, it's probably averaging $2500/mo right now.
The US is still the one of the best places to make a filthy amount of money. For that, we trade job security, healthcare, and decently-priced universities.