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For the cost of living, these aren't really as high as I'd thought. Goes to show you that salary doesn't always scale with living expenses. I'm curious what the
by jorblumesea 9y ago
For the cost of living, these aren't really as high as I'd thought. Goes to show you that salary doesn't always scale with living expenses. I'm curious what the real world take home is between housing + income tax + general living expenses.
Being paid 150k but paying 3k in rent sounds like a raw deal...
- xbzbanna 9y agoIt depends a great deal on your household situation and where you are on the pay scale. If you are an average skilled dev in a single income family with multiple dependants who require separate bedrooms, you are probably going to be worse off in SV. Your housing cost will be a relatively high proportion of your income, so you won't have as much left over. If you are an above average dev who is decent at negotiating salary and splits housing with other income earners, you have the opportunity to build a ton of wealth. You can save six figures annually and buy a million dollar bungalow if you want. SV has absolutely huge opportunity for advancement compared to most regions - I think any good software dev should spend some of their early career years here to see if they can make it big, family attachments permitting. Worst case scenario, you don't like it and go home with a stack of cash after your RSUs vest.