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In Bay Area, six-figure salaries are “low income”

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251–260 of 428 posts

Re: In Bay Area, six-figure salaries are “low income”

#251
post #5

I don't know much about SF salaries, but in NYC, 100K is really middle class. With enrage rent at 2k/mo, salaries have to be high in order to keep up with cost of living. Everyone makes a huge deal about the number but shouldn't it be more of a ratio? Like the cost of living to base salary? That should be a better statistic to judge quality of life.

I live more than comfortable with 100K in NYC. Sure, no kids, but money is not something I think about. It's enough for a 23 year old like me.

Re: In Bay Area, six-figure salaries are “low income”

#252
post #76
post #45

Earlier quoted context omitted.

My reaction exactly. Americans use way too much, to be honest. 8k sq ft is more than enough for like 7+ families.

After living in 'cramped old london' for over a decade (still), I can only dream of the luxury of 800 Sq.m. Where do I sign up? :) fitting multiple people/families into anything less is just bad living standards as far as I'm concerned. You work hard all day long to go back to such a depressing existence. Time to start living fellow HN'ers!

Which is why Londoners move to suburbia...

Re: In Bay Area, six-figure salaries are “low income”

#254

I make just over six figures in the southeast, and I definitely have a blessed and comfortable lifestyle (no kids, no debt). I can imagine the equation changes drastically once kids/family are involved. I've visited San Francisco, Los Angeles, and Seattle, and LOVE the cities. But according to CNN's cost of living calculator, I'd have to make a base salary of almost $190k to have a similar lifestyle in San Fran and S…

Even at $190k it wouldn't be completely comparable. Higher taxes eat up a lot of the additional income, and even then things like car ownership and house ownership that are taken for granted in most of the US carry huge costs in places like SF/NYC. To have a comparably sized home you would probably need 5-10 million in NYC for the home alone, as an example.

Re: In Bay Area, six-figure salaries are “low income”

#255

Earlier quoted context omitted.

Where in Vermont do you recommend? I just went remote in the past year and I plan on roadtripping to VT soon for a week.

Burlington if you want both size and cool vibe (Vermont native here).

I'm a Montrealer and I visit Burlington regularly for week end trips with the family. From a tourist perspective that city is a nice size with what feels like a vibrant local food culture.

Re: In Bay Area, six-figure salaries are “low income”

#256

Earlier quoted context omitted.

I have mixed feelings about this. People say that state shouldn't have to pay for your kids, but the state can send your kids to war. If the state sends your kids to war and they get killed who reimburses the parent for $100K they invested in the kid?

Can the state currently send your kids to war? By this, I mean forcefully via a draft. I was under the impression that it's a no for now and for the foreseeable future.

Absolutely, under the right procedures. Just recently, women became required to register for selective service too, so everyone gets an equal shot now.

Re: In Bay Area, six-figure salaries are “low income”

#257
post #157

Earlier quoted context omitted.

> There's only four zip codes in Denmark that have a higher average income per household, and Denmark is a pretty expensive place to live. In Denmark the following costs are cheaper or entirely nonexistent: Paying for health insurance (for every member of the family), saving for retirement, saving for sending kids to college, kids daycare, kids school fees, and also rent or cost of buying a house is cheaper than in t…

While you partly right, you do need to pay for at least daycare, and retirement. It varies, but around 15% of your salary should go towards retirement and even if you employer pays part of you retirement that normally include in the statistic for house hold income. The four zip code, with the higher average income also have an average price per square meter of 7000USD, so that's of cause a little less than in the Bay…

> you do need to pay for at least daycare

I guess in the richer areas in US, $1000 per child is not an unusual monthly fee for daycare. Whereas in Finland, the monthly fee tops at 290€ per child, and I would guess Denmark is more or less similar to Finland.

Re: In Bay Area, six-figure salaries are “low income”

#258
post #139
post #30

Earlier quoted context omitted.

800 square meters????

This is something I still don't get, even as an American. I live by myself in a 950 sq ft (~88 sq m) apartment, and that's already more space than I know what to do with. Sure, add a spouse and 2 or 3 kids and my space needs would increase, but I can't imagine needing 8-10x as much space, ever. Maybe 3x, at most 4x. I grew up in a fairly large house (I don't recall the size, but two floors, 6 bedrooms, kitchen, forma…

A lot of it isn't "need" for more space; rather, it's that all that is available. I've been living in the same 3.3k sq-ft house for 10 years. There's simply nothing smaller in my area. OK, one retired farmer down the road has a house that's about 1200 sq ft, but that's by far the smallest house.

It's a pattern I found recurring as we were looking at houses: unless you wanted a 100 year-old house (which could be a good or bad idea), there was simply nothing under 3,000 sq ft on the lot sizes we were looking at.

Re: In Bay Area, six-figure salaries are “low income”

#259

Earlier quoted context omitted.

Did the exact same thing this year. Moved to Oviedo, FL from SF: 1) no state income tax, 2) public schools in my neighborhood are equivalent to a private school in sf [i] 4) weather is great 8 months out of year, 5) beaches you can swim in, 6) rent is ~1/4 of what it was in SF, 7) cuban food, 8) as a resident, kids have year round disney passes [i] http://school-ratings.com/Florida/schools/Carillon_Elementar... WARNI…

Grew up in FL. Weather is actually terrible about 8 months of the year. It's too humid and hot. The climate is perfect for mosquitos, forcing you to wear long sleeve clothing at night during this humid weather ( https://en.wikipedia.org/wiki/Encephalitis ). Insects and arachnids thrive in FL's swampy climate. People who aren't from either that or a jungle need to take time to adjust. Imagine being sweaty after walkin…

Interviewing in Seattle at Amazon, arguably the outdoor recreation capital of the US, only one of the interviewers had had time to take advantage.

Re: In Bay Area, six-figure salaries are “low income”

#260
post #125

Earlier quoted context omitted.

> Brooklyn Hahahahahahahaha, good one. Maybe you're in some alternate dimension Brooklyn, but the one I live in is full on crazygonuts expensive.

I know Greenpoint / Williamsburg / Dumbo / Brooklyn Heights / etc. are but what about Bushwick or other parts further inland?

Bushwick is expensive now. It's not even safe (for the price) yet but it sure it expensive.
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