Earlier quoted context omitted.
As a Midwestern coder, I could definitely see peers making that mistake - 80k seems like a lot when you're used to rent in the low hundreds. That said, where are you getting 80k? I didn't see it in either the GP link or the original story, and would expect Uber to be hiring at higher salaries than that given other comments in this thread re: the cash/stock split.
Low hundreds? Not even in the middle of no where in the midwest will the low hundreds get you a half-decent place.
I think it's quite possible to find rent in the low hundreds for a place that is "half decent".