How much TC to live comfortably in bay area
Currently in Seattle 140tc Got offer at unicorn in bay area 160k (not uber lyft airbnb) includes base bonus signon Can probably get to 180-200 after negotiating Prefer to live alone, eat fancy meals once in awhile. Undecided on whether to drive in sf Should i take it?
Not much different from your current Seattle @ 140k lifestyle.
You can live comfortably in the bay with 160k, but saving will be near impossible. Considering that Seattle doesn’t have income tax, with your standard of living you’re probably going to be losing money compared to Seattle
Pretty much this. If I didn't already own property if be broke.
Going from 140 in Seattle to 160 in the Bay is a pretty significant compensation decrease, recruiter should know this and be flexible on negotiations. You’re gonna be paying about 15k in state income tax alone going to the Bay from Seattle.
No
I would say a 35k increase just to maintain the same lifestyle. That takes it to 175k. You can settle on anything north of 180k to keep some more in pocket.
Is a smaller company too, so expected to put in more hours too. also worried my $/hour after tax will go way as well
I have recently lived in both. Feel free to DM, OP, if you want some data. Otherwise; there’s plenty of online tools to compare the CoL. Your tolerance for commute time and if you have a car will be major factors in the bay.
Step 1) Enumerate all the East Bay Bart stations Step 2) Exclude “Bay Fair” and all the stations in Oakland. Step 3) Live in a modest apartment, townhouse, or condo within walking distance of one of the remaining BART stations. Now you are making it in the Bay Area. If you are accustomed to living in an urban environment, you may consider 19th street BART in Oakland.
Living alone is going to cost you in SF. With 160 you will still be fine IMO even with 1 bedroom. But you will burn a lot of money on rent and save a lot less.
Can buy a house in East Oakland for $400k. Just live there and do the commute.
Maybe in 2008 you could. Only thing at 400k now would be land.