Scraping by on six figures? Tech workers feel poor in Silicon Valley's wealth bubble
by Olivia Solon from Technology | The Guardian on (#2E3CJ)
Big tech companies pay some of the country's best salaries. But workers claim the high cost of living in the Bay Area has them feeling financially strained
"I didn't become a software engineer to be trying to make ends meet," said a Twitter employee in his early 40s who earns a base salary of $160,000. It is, he added, a "pretty bad" income for raising a family in the Bay Area.
The biggest cost is his $3,000 rent - which he said was "ultra cheap" for the area - for a two-bedroom house in San Francisco, where he lives with his wife and two kids. He'd like a slightly bigger property, but finds himself competing with groups of twentysomethings happy to share accommodation while paying up to $2,000 for a single room.
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