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Thanks for the detailed explanation. I always wondered what tax was along with cost of living because to me Silicon Valley salaries look ridiculous! But I can s
by ashray 14y ago
Thanks for the detailed explanation. I always wondered what tax was along with cost of living because to me Silicon Valley salaries look ridiculous! But I can see how being in the valley can be important for many companies and therefore the higher cost per employee is also justified. Of course, I'm sure there's also a good talent pool making it more worth it.
So I guess a good ballpark would be that most people in the valley would pay ~35% taxes in total. Then, the cost of living but I'm sure the quality of life is also pretty great :)
- coolsunglasses 14y agoIt's a trade off. It's only worth it me to be out here because I'm a founder. I think being here as a consultant could potentially be advantageous but it hasn't factored into anything non-entrepreneurial/job related. Also I did the detailed break-down because I hate it when people drop vague numbers without any background detail. Drives me nuts. I know people are curious as to what the cost of living is like in SV, so I figured I'd hammer it out. My goal is to found something consistently profitable and move back out to the country so I can go back to shooting and tooling around on dirt bikes.