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The Bay Area is expensive, but I assure you that many families with kids live on less than $207,264. That said, everyone has their own personal requirements, a
by steveklabnik 2y ago
The Bay Area is expensive, but I assure you that many families with kids live on less than $207,264.
That said, everyone has their own personal requirements, and startups aren't for everyone. Around a quarter of the company, last I checked, lives in the Bay area, so while we obviously miss out on some good people who want more money, we haven't had an issue with finding enough people who are happy with the compensation.
(I myself took a pay cut to join Oxide, but I live in Austin, which isn't cheap but also isn't as expensive.)
- setheron 2y agoI disagree based on my own personal experience of raising kids in California but they are all young and I'm paying quite a lot for preschool :P I'm also carrying a mortgage as I'm younger which is ~30-40% of my take home pay. Total tangent: 2024 Jujutsu was my favorite tool to learn and your posts helped me learn it. Thank you.
- steveklabnik 2y agohttps://www.sfchronicle.com/california/article/how-much-money-to-be-considered-rich-bay-area-19420480.php https://www.sfchronicle.com/california/article/how-much-mone... > the [SF metro] area’s median household income [was] roughly $120,000 [in 2022] That, being the median, includes a lot of folks who make less. > Total tangent: Awesome, so glad to hear it! You're welcome. I wish I could find more time to continue writing V2...