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First off, you're probably earning more than 115k in the Bay Area. I moved from Canada and went from $90k CAD to $180k USD. Even with the high cost of rent, I
by anontn 6y ago
First off, you're probably earning more than 115k in the Bay Area.
I moved from Canada and went from $90k CAD to $180k USD. Even with the high cost of rent, I can save more here than what my take home pay was in Canada. I'll admit though that I don't have kids and I don't have health conditions. That would change the equation a lot.
Additionally, the ceiling is higher here. I felt like I was approaching the ceiling in Canada unless I wanted to move to Toronto.
- arcticbull 6y agoI agree, I was specifically using the numbers OP provided without geographic hint and saying that blanket rules don’t apply and you should really use PPP instead of exchange rate to compare against a notional dollar — and consider the PPP of the city or state you want to work in the US. What matters isn’t how much you’re making but how far it will take you in the new home you’re considering as compared to how far your current salary will take you in your current home. Of course, if you’re making $500K-600K as a staff engineer in the Bay Area there’s a different conversation to be had.