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Microsoft doesn’t have much impact in the SF area. It has been around a long time before the current rent/wage inflation bubble and is based in the Seattle area
by owyn 8y ago
Microsoft doesn’t have much impact in the SF area. It has been around a long time before the current rent/wage inflation bubble and is based in the Seattle area which is much cheaper... Netflix is legendary for paying some of the highest salaries in the bay areas.
I’ll tack this on since I didn’t think of mentioning it earlier and it’s relevant to the original post... on the low end of that range assume 10k/month in gross wages, subtract 40% in tax and another 3k in rent for a 1br apt and another 1k for car + insurance + parking + Internet + phone etc. Now you’re at about 2k left over in net income monthly.
This is an expensive area. Don’t just look at the gross salary, I’m not surprised that 117k is about the minimum you would want today. I don’t know how any non tech people can afford to move here and I understand the squeeze on people who are making much less. It doesn’t seem sustainable.