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Even the medium isn't truly informative in terms of purchasing power within a geographic region. It really boils down to your relative earning power vs your pr
by hkmurakami 10y ago
Even the medium isn't truly informative in terms of purchasing power within a geographic region.
It really boils down to your relative earning power vs your professional peers (including non engineers) in the direct geographic vicinity of you, in a supply constrained bidding war situation like desirable real estate.
Let's say the average primary care physician's salary has been matching inflation for 20 years while that of the software engineer has outpaced it. Well even if a physician is doing just fine vs his physician peers, the rapid rise of sw eng salaries and the dramatically increased number of such people will have reduced his or her relative earning power and the standard of living he or she can afford, over said 20 years.