Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The median for software development in San Francisco is about $120k [1]; this means that even experienced developers are getting paid around this amount. Sort by the highest salary and you'll see Twitter, Dropbox, etc.

It looks like Square starts at about 100k for a new grad (uni degree). Seems high but it's more credible than $120k for a bootcamp grad.

Remember that median rent for a 1 bedroom in a non-trendy area is around $2900/month [2,3] and taxes should take about 39% of salary at that level of income. It is far more expensive to live in San Francisco than most of Europe.

1. http://h1bdata.info/index.php?em=&job=software&city=SAN+FRAN...

2. https://www.trulia.com/real_estate/San_Francisco-California/...

3. http://sf.curbed.com/2016/9/23/13034910/san-francisco-rent-a...



Most people I know have roommates though and pay between $1300 and $2000/month, ranging from decent Mission apartments to a nice Castro house. For $2900 a month you can easily live in a luxury two bedroom apartment.


The first part sounds about right. The second part is definitely wrong. For $2900 you won't be able to afford even a 1BR (unless we're talking about place far out from the main parts of the city).

For instance, places around me in SoMa have 2BRs listed above $4,500.


I think he means with a roommate, at least that is how I understood it. 5.8k for 2 bedroom luxury apartment sounds about right.


It sounds like what I've heard the market rate is.

That rate however; "it just ain't right".


> taxes should take about 39% of salary at that level of income

Is that 39% as in marginal tax bracket, or 39% of the absolute total?


Absolute, including federal & California state income tax, Social Security, Medicare/Medicaid, and MediCal.


Don't forget things like short-term disability insurance, which is mandatory in California and can be up to $800/year.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: