Earlier quoted context omitted.
Comp may be lower, but so is everything else. At the end of the day the guys in the south have more in their pocket than most Bay Area workers.
I hear this often. I would like to see an analysis, breakdown, or a real life comparison that suggests this, and for which tier of engineers this is true. I think two things; 1) non bay area tech workers severely underestimate the total comps that bay area workers are earning right now. 2) many renters in the Bay Area may actually have more in their pocket. If you are willing to rent a room (i.e not have a studio or…
My mortgage on a 5 bedroom 3 bath house (3k sqfeet) in the population center of Houston is $1500 a month...
That being said the most I have ever paid for a apartment was $2100 a month for a 2 bedroom in the riches part of town with views of the city skyline and spiraling biking and jogging ways. Awesome food everywhere.
$800 or less and you can still live in a nice area with more food options and awesome public parks and public transpiration.
And if you are on a budget -- you can still get 1 bedroom apartments for $500 to $600 a month --- from my understanding you can't even get near that in the Bay Area, you would break the bake at 1k for a single room.