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True, just posted it as a data point. The salary from the article is for 9 month and mine are for 12 months so for 12 month the salary from the article would te
by kriro 4y ago
True, just posted it as a data point. The salary from the article is for 9 month and mine are for 12 months so for 12 month the salary from the article would technically even be 142k. But I get her point of this actually being a 12 month job so I'll assume 107k.
That being said, I quickly googled the average rent in Berkley and it's around 4k$.
The salary difference (ignoring 9 vs 12 month) seems to be around 50k which is over 4k/month...which should be enough to cover average housing all else being equal. And that assumes no rent for the German counterpart :P
Also depends a bit where you are in Germany. I think in Munich (most expensive) the buying price is around 10k€/square meter and Berkley city from quick googling seems to be around 12,5k$. Not sure around rent prices but I'm assuming they scale to buying prices.
I found the part about health insurance interesting as well. I would probably never willingly under-insure if I had that option (I do not).
- extra88 4y ago4K/month is 45% of 107k/year gross salary, that’s not affordable. Not enough left over to save for the children’s future and for retirement. But she’s not the only income so their household income is probably fine, just lower than what she could be making in another kind of job. She should have married her partner to be on their insurance, that’s what I did.
- cycrutchfield 4y agoIn CA I don’t think you even have to legally marry your partner to get on their insurance, domestic partners are fine.
- cramforce 4y agoFor a family of 4 in San Francisco (which has lower cost of living than Berkeley) the poverty line was $117K in 2019.
- Cd00d 4y agoI found this claim dubious so I Googled: https://www.bbc.com/news/world-us-canada-44725026 https://www.bbc.com/news/world-us-canada-44725026 You can't just change words like that. It's dishonest. Poverty != "low income".
- cramforce 4y agoThat article literally refers to it as poverty line as well a bit further down. "Poverty line" isn't a thing, thing. It'll always require some math to localize.
- Cd00d 4y agoNo, it literally does not. Lower down it discusses the nationally averaged poverty line. At no point does it make any claims to a number for a SF specific localized poverty line. As you say, local values are going to be different, but the national number is far below the "low income" threshold set earlier in the article.
- jimbokun 4y ago> In San Francisco, high rents have driven the government's "low income" threshold of $117,400 (£87,970) almost as high as the median income for a family of four in the area - $118,400 (£88,630). You know something has gone haywire when "low income" and "median" incomes are basically the same amount.
- wheresmycraisin 4y agoThat's why you don't live in Berkeley, you come from Antioch or Tracy or Stockton.
- Hermitian909 4y ago> The salary difference (ignoring 9 vs 12 month) seems to be around 50k which is over 4k/month...which should be enough to cover average housing all else being equal. And that assumes no rent for the German counterpart :P Except that everything else is more expensive here because of these costs. Any service you can imagine, jack the prices up 50%+.