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If the cost of living wasn't so high, I suspect the smartest would choose to do other things. For example, looking at JPL engineering salaries on glassdoor, the
by medium_burrito 6y ago
If the cost of living wasn't so high, I suspect the smartest would choose to do other things. For example, looking at JPL engineering salaries on glassdoor, the median seems to be around $100k. That's just not enough if you want to live in Pasadena comfortably, especially if you compare it with a FAANG salary.
- mycall 6y agoIt's almost like the economy is doing exactly what it was setup to do: extract as much money from the system as possible for the good of the share holders. Overtime, the system starts to decay because of the initial goal.
- thorwasdfasdf 6y agoYup, lack of societal wealth and scarcity are driving the decisions of where to work. Personally, I might have become a teacher (instead of an engineer) if COL wasn't so high. High COL is a sign of societal wealth deprivation.