3 ms·
$45k/year is an absurd estimate of expenses especially in silicon valley.
by blackflame7000 7y ago
$45k/year is an absurd estimate of expenses especially in silicon valley.
- triceratops 7y agoI pretty clearly stated $60k/year. $45k/year was someone else's suggestion. But $45k/year isn't "absurd" at all if you live with a housemate. Heck assume spending $70k/year on $205k/year after taxes and 401k + match. It's still $135k/year. I don't know why you're arguing against arithmetic.
- joshuamorton 7y agoI think my overall expenses are less than that and I spend an exorbitant sum on food (almost as much as I spend on rent). I just don't have crazy expensive hobbies. There are people I know who live in the bay area on less than 45K/yr in wages, so no its not at all absurd.
- twblalock 7y ago$45k/yr is a little bit more than the mortgage principal and interest on a million dollar house, at today's interest rates assuming a normal 20% down payment. If you rent you a normal apartment you would spend less. If you rent a luxury apartment you'll spend more but you don't need to. I've lived in Silicon Valley my entire life, except for when I was in college, and I don't think my living expenses ever got close to $45k/yr until I bought a house, which was an entirely optional decision on my part.