Re:Compensation in 2019 – new grad tech offers
by tidepod12 on Wednesday September 11, 2019 @08:26PM
(#20946273)
I just went shopping online for apartments in SF. If I were to move there now, a 1 BR in a very nice luxury tower in Nob Hill will run me about $3,700/mo. And let's throw in, say, $200/mo for utilities and expenses? And let's give a very generous $1000/mo for food expenses?
According to a tax calculator, a $200k salary in SF is about $130k/year take home, or about $11k/month.
After rent and expenses, that's still $5,100 in disposable take-home pay every month. That's not scraping by.
It's different, if you're moving to here from another area you're not going to be able to get one of those rent protected rentals.