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2017 State of Global Tech Salaries

hired.com

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Re: 2017 State of Global Tech Salaries

#22
post #2

Austin and Seattle average salaries of $190K for developers? And yet SF and NYC are still stuck around $130K, which is only 20% higher than what it was 10 years ago, and these cities are far more expensive to live in? What's the draw, why don't more developers move to Austin or Seattle?

It clearly says adjusted to the cost of living in San Francisco. This article does not say anything about the cost of living model. It does say that Seattle's average is $126K vs San Francisco's $134k (Seattle becomes $180k when adjusted to its cost of living relative to San Francisco). The referenced article has an average of $110K unadjusted for Austin developers.

Real estate is the obvious example. If you want to own a house Seattle's market is still really high relative to the rest of the country (this is probably where Austin makes up a lot of ground), but Seattle is much cheaper than San Francisco.

Re: 2017 State of Global Tech Salaries

#23
Lived in Tokyo and realized it wasn't worth it after some time considering the amount of money to be made in the states. In the states, higher salary, lower cost of living, larger homes, more room. I miss Japan, but I don't want to work forever and living and working there just meant I was delaying the point at which I could stop working.

Re: 2017 State of Global Tech Salaries

#25

I think there data on Cost of Living is outdated, specifically as it regards Seattle, which has recently seen a significant increase in COL. According to their calculations Seattle is cheaper than DC, however the data I can find online suggests the opposite. http://www.bestplaces.net/cost-of-living/seattle-wa/washingt...

I don't see taxes listed as a line item in the comparison, which is a huge factor. WA State does not have income tax.

Re: 2017 State of Global Tech Salaries

#26

I think there data on Cost of Living is outdated, specifically as it regards Seattle, which has recently seen a significant increase in COL. According to their calculations Seattle is cheaper than DC, however the data I can find online suggests the opposite. http://www.bestplaces.net/cost-of-living/seattle-wa/washingt...

They are using this data for Cost of Living according to the Hired article this article is summarizing.

hired article: https://hired.com/state-of-salaries-2017

cost of living data comes from here: https://www.numbeo.com/cost-of-living/

Re: 2017 State of Global Tech Salaries

#27
I have a much different cost of living equation supporting my decision to live in the bay.

The big expense is obviously rent, which I'm sure they have represented... The average 1 bedroom in Austin around $1,000 and in SF let's say $3,300. Difference of $2,300 * 12 = $27,600. After that, that other $40,000 cost of living difference seems a bit of a stretch.

In SF, my company buys breakfast, lunch, dinner and my transportation to/from work (like many others in this area) so I don't have to factor that into my cost of living. The difference between cost of living adjusted salary tilts toward the SF bay, especially with bay area equity options over what is competitive in Austin (I have no insight into that, I think that would be an interesting study though).

Re: 2017 State of Global Tech Salaries

#28
A lot of the cost of living calculations are wrong. I had moved from LA paying 1400$ a month rent to Austin and paid nearly the same rent in Austin for a one bedroom. The plus is no income tax in Washington and Texas but food costs are more and property taxes are double in Texas when compared to California.

Re: 2017 State of Global Tech Salaries

#29
A lot of the cost of living calculations are wrong. I had moved from LA paying 1400$ a month rent to Austin and paid nearly the same rent in Austin for a one bedroom. the plus is no income tax but food costs are more and property taxes are double California.
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