3 ms·

Question from an Italian guy, what you are able to do with 100k in the bay area? For instance: 1) Can you rent a good house. 2) Go out for dinner as many times

by antirez 13y ago

Question from an Italian guy, what you are able to do with 100k in the bay area? For instance: 1) Can you rent a good house. 2) Go out for dinner as many times you want. 3) Have somebody to clean your house. 4) Eat in an health way. 5) Still save some money. Or is this already too much for 100k, especially if you have a family? Because one sees this very high salaries but it's hard for outsiders to form an idea about the actual level of spending this makes you capable of.

jbyers 13y ago
It depends on where in the Bay Area you want to live, what you consider a "good" house, and the size and makeup of your family, if you have one. A few bits of anecdotal evidence for San Francisco, 2013 prices that I've seen firsthand. In many desirable neighborhoods renting an entire house will start well above $5K/month. In those same neighborhoods a nice two bedroom apartment will be over $4K. Full-time child care for a toddler might at absolute minimum cost $1K/month (a licensed, shared private home) but much more likely will cost $2K or more (a day care center, if you can get into one, or a shared nanny). There are of course plenty of ways to live well within $100K / year here, but probably not with a family in a rented house in many San Francisco neighborhoods.
- antirez 13y ago
  It's pretty counter intuitive that with an high salary and a family you can't still be enough "safe" about not abusing, but at least using money without too concerns. So I guess very high developers asking for > 100k/year working and living in the bay area are not greedy at all. Thanks for your and all the other replies.
huherto 13y ago
Six months ago I moved from Mexico to Mass. I was able to do 1,2,3,4,5. Now, I am making twice as much now but can only do 1,4 and I am trying to figure out 5. Of course there are other reasons why I moved, not everything is money.
physcab 13y ago
You can live as comfortably as you want (I do) but the catch is that you'll probably have to be without children. Anecdotally, everyone I know with families tends to move outside of SF because for the price of a 2 br apartment, you can get a mortgage on a nice house. There are affordable areas to live ($800-$1200 / br) but you'll have to be quite patient in your search and be open about where you'd like to live.
nostrademons 13y ago
1) No. 2) Mostly, within reason. 3) Yes. 4) Yes 5) If you don't do #2.

by antirez 13y ago

jbyers 13y ago

It depends on where in the Bay Area you want to live, what you consider a "good" house, and the size and makeup of your family, if you have one. A few bits of anecdotal evidence for San Francisco, 2013 prices that I've seen firsthand. In many desirable neighborhoods renting an entire house will start well above $5K/month. In those same neighborhoods a nice two bedroom apartment will be over $4K. Full-time child care for a toddler might at absolute minimum cost $1K/month (a licensed, shared private home) but much more likely will cost $2K or more (a day care center, if you can get into one, or a shared nanny). There are of course plenty of ways to live well within $100K / year here, but probably not with a family in a rented house in many San Francisco neighborhoods.

antirez 13y ago
It's pretty counter intuitive that with an high salary and a family you can't still be enough "safe" about not abusing, but at least using money without too concerns. So I guess very high developers asking for > 100k/year working and living in the bay area are not greedy at all. Thanks for your and all the other replies.

huherto 13y ago

Six months ago I moved from Mexico to Mass. I was able to do 1,2,3,4,5. Now, I am making twice as much now but can only do 1,4 and I am trying to figure out 5. Of course there are other reasons why I moved, not everything is money.

physcab 13y ago

You can live as comfortably as you want (I do) but the catch is that you'll probably have to be without children. Anecdotally, everyone I know with families tends to move outside of SF because for the price of a 2 br apartment, you can get a mortgage on a nice house. There are affordable areas to live ($800-$1200 / br) but you'll have to be quite patient in your search and be open about where you'd like to live.

nostrademons 13y ago

1) No. 2) Mostly, within reason. 3) Yes. 4) Yes 5) If you don't do #2.