Somebody who makes $450k can easily buy a home in the Bay Area that’s close to any FAANG campus, and bike to work, and in many cases, not work like a dog. (A $

Somebody who makes $450k can easily buy a home in the Bay Area that’s close to any FAANG campus, and bike to work, and in many cases, not work like a dog. (A $1.5M mortgage is around $6k per month today.) And at the end of the year, even if what’s left over in terms of percentage of income is the same (and it’s usually not, because many COL expenses don’t scale linearly with the cost of housing), you end up with more in the bank to send your kid to college or to retire.