> The median family income in the US is about $60k[1], and most Americans have less than $1000 in savings.[2] As a mostly out of touch techie: How does that sc

> The median family income in the US is about $60k[1], and most Americans have less than $1000 in savings.[2] As a mostly out of touch techie: How does that scale with living expenses? Do average people in SF have more than $1000 in savings because their living expenses are also that much higher? I come from a relatively unrich area in Europe and when I had $1000 in savings over there, I felt super rich and like nothing can touch me. Now I'm in SF and I have 20x more savings, but feel like I'm one small catastrophe away from homeless.