4 ms·

$93k does not give a very comfortable lifestyle in SF/NYC.

by idiot900 8y ago

pkaye 8y ago
You certainly can is you bought your house 10+ years ago.
- TuringNYC 8y ago
  So i guess 93k + a time machine would be great for most new grads.
  - pkaye 8y ago
    I'm not stating it a solution to any problem. I'm just stating a fact that there are plenty of people who lived here a long time and bought their house cheap by current standards. I've lived in the bay area for a long time and my own unique circumstances made it difficult to build up savings to buy a house for a long time. People think everything was easier in the past but salaries were less also.
- VRay 8y ago
  If that's the situation, maybe you should just quit your job, rent out your house, move way out to the middle of nowhere, and live off the rental profits
  - pkaye 8y ago
    I'm perfectly fine where I live. I own my house and don't plan to rent it out anytime soon.
GlickWick 8y ago
These are averages. SF/BOS/SEA/NYC/etc all have higher salaries. It also is a bit vague as to what a "tech worker" is, and these articles tend to include all of IT in that.
brundolf 8y ago
Presumably that amount is for living in normal places. Even in Austin TX, which has become relatively expensive, I lived quite comfortably on an entry-level salary of $65k in 2015.
- lotsofpulp 8y ago
  Comfortable is subjective. For dual high income household, such as doctors/lawyers/engineers, if you want to raise kids in a neighborhood of similarly successful people, you’ll need to be pulling in a household $200k+ per year, even in medium CoL areas. It’s always relative, and for those that go to target schools and have lucrative careers, and their network is full of others in a similar boat, then they will be competing with that level of income.
  - _bxg1 8y ago
    That's not comfortable, that's socially-competitive. Comfortable means you never have to worry about basic needs, and you don't really have to worry about creature comforts like entertainment and hobbies. As a coworker once put it, "I just want to make enough money that I never have to think twice about getting guacamole on my Chipotle."
commandlinefan 8y ago
I wouldn't say it's _uncomfortable_, but it's liable to leave you struggling from time to time even here in north Texas.

$93k does not give a very comfortable lifestyle in SF/NYC.

pkaye 8y ago

You certainly can is you bought your house 10+ years ago.

TuringNYC 8y ago
So i guess 93k + a time machine would be great for most new grads.
- pkaye 8y ago
  I'm not stating it a solution to any problem. I'm just stating a fact that there are plenty of people who lived here a long time and bought their house cheap by current standards. I've lived in the bay area for a long time and my own unique circumstances made it difficult to build up savings to buy a house for a long time. People think everything was easier in the past but salaries were less also.
VRay 8y ago
If that's the situation, maybe you should just quit your job, rent out your house, move way out to the middle of nowhere, and live off the rental profits
- pkaye 8y ago
  I'm perfectly fine where I live. I own my house and don't plan to rent it out anytime soon.

GlickWick 8y ago

These are averages. SF/BOS/SEA/NYC/etc all have higher salaries. It also is a bit vague as to what a "tech worker" is, and these articles tend to include all of IT in that.

brundolf 8y ago

Presumably that amount is for living in normal places. Even in Austin TX, which has become relatively expensive, I lived quite comfortably on an entry-level salary of $65k in 2015.

lotsofpulp 8y ago
Comfortable is subjective. For dual high income household, such as doctors/lawyers/engineers, if you want to raise kids in a neighborhood of similarly successful people, you’ll need to be pulling in a household $200k+ per year, even in medium CoL areas. It’s always relative, and for those that go to target schools and have lucrative careers, and their network is full of others in a similar boat, then they will be competing with that level of income.
- _bxg1 8y ago
  That's not comfortable, that's socially-competitive. Comfortable means you never have to worry about basic needs, and you don't really have to worry about creature comforts like entertainment and hobbies. As a coworker once put it, "I just want to make enough money that I never have to think twice about getting guacamole on my Chipotle."

commandlinefan 8y ago

I wouldn't say it's _uncomfortable_, but it's liable to leave you struggling from time to time even here in north Texas.