Developments in tech in Toronto over the past seven years

Re:Developments in tech in Toronto over the past seven years by ccccccccccccc on Friday August 03, 2018 @09:12AM (#17679517)

There is definitely room for improvement among pay in Canada, but it really is an exceptionalist view to base the pay in USD. Especially so because I always see people convert salary in CAD to USD, then not convert the cost of goods and living to USD as well. There are also certain nuances living in Canada that decrease your expenses compared to the US such as decent public transit (unheard of in the west coast), decent healthcare of which health benefits from the company then boost the healthcare quality way higher than what I was able to find in America, and a much more collectivist culture than America which, in my opinion, is the biggest draw to living in Canada.

On the other hand, there are expenses that are higher! Taxes are higher for one as well as the cost of goods such as groceries. Although, the groceries case doesn't really hold because I find that groceries in SV or Seattle to be higher than where I am now in Canada.

The main point I'm trying to make is that is that straight up converting salary in another country straight to USD is a bad comparison of wealth.

[ Parent | on HN ]

Re:Developments in tech in Toronto over the past seven years by jgh on Friday August 03, 2018 @09:33AM (#17679668)

Sure, but i found - as you mentioned - groceries, including conversion to USD, to be more expensive in Toronto than LA. Eating out was definitely cheaper. Rent, for an equivalent place in Toronto is, I think, slightly cheaper, but probably not 50% or so cheaper.

You're right that you need to convert both sides of the equation but I still think that all things considered Toronto pay is pretty poor compared to the US.

[ Parent | on HN ]