Earlier quoted context omitted.
I've seen this sentiment posted before and it's pretty much untrue. At 120k/year, even spending 4K/month on rent, your leftover pay is still more than my gross salary. I know SF is expensive, but if you can't have a nice QOL on a the leftovers of a 120k salary, your location isn't the problem.
$120k in SF probably amounts to take home just under $6k/mo. $4k goes to rent, so you have $2k for everything else. That's not a great QOL. For comparison, I ran the Mexico City / SF cost of living on Numbeo[0]. $38k in Mexico City would need to be $140k in SF for comparable quality of life. (side note -- this COL calculator is super neat! anyone have any evidence of the accuracy?) [0] https://www.numbeo.com/cost-of-…
a while ago, this and other sites said I needed 120k in LA and 140k in SF to maintain my south america 40k.
turns out I moved making more than the SF salary in LA. and it still falls short on what I have money to do on short trips and night life.
I guess it is acurate if you dont go out every friday and saturday and never, ever leave the city for the longer holidays.