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It's probably because the rent there looks about 2k$/month, it really puts the salary in perspective.
by realusername 8y ago
It's probably because the rent there looks about 2k$/month, it really puts the salary in perspective.
- maccard 8y agoAfter tax and 2k a month on rent, you're left with more than most western European engineers _gross_ salaries.
- realusername 8y agoAnd so what? It does not invalidate my point, especially compared to the other salaries in the area. Also you did not include the cost of living there, which is probably very high.
- maccard 8y agoIMO, it does invalidate your point. You said: "It really puts the salary in perspective." It doesn't. To take the cost of living into consideration: $100k after tax in SF is ~70k. With 2k in rent, you have ~$46,000 p/a. An "average" grad in London is probably grossing at most $40k (£31k) After tax, that's ~£25k, and in London, you can easily be set back £800/month on rent. So you're left with less than £14,000 which is about $18k. Are you really telling me that to maintain the same standard of living in SF will cost you 2 and a half times more after rent?
- AllegedAlec 8y agoIndeed. I get roughly 38K gross and pay nearly 1K for an apartment at the moment. Silicon valley is a horrible place and I wouldn't want to be found dead over there, but the salaries are really fucking amazing, even the ones people scoff at.
- deleted 8y ago[deleted]