Getting an 17% pay cut to move from Bay Area to Austin

eBay
lYGJ22

Go to company page eBay

lYGJ22
Mar 31 185 Comments

Ebay's policy is to adjust the base salary according to location. My base salary will go from 176K to 146K, bonus % and RSU don't change. With Austin's living expenses, is 17% a reasonable pay cut?

Current TC (Bay Area): 210K
yoe: 4

Edit: just corrected - it's closer to 17% pay cut

#Austin #bayarea #livingexpenses #basesalary

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 TOP 185 Comments
  • Twilio
    twilion7

    Go to company page Twilio

    twilion7
    No
    Mar 31 10
    • Charles River Laboratories
      exfS67

      Charles River Laboratories

      exfS67
      Prices are different in the burbs than Austin proper, but even then you’re looking at 550k+ in Cedar Park and Leander for 2000ish sf.

      That said, pretty sure you can’t get anything in the Bay Area anything close to that price for that kind of proximity to the city.
      Apr 1
    • Intel
      noob*

      Go to company page Intel

      noob*
      Austin is coming close to Bay area prices though you save on state tax
      Apr 1
  • Amazon
    h8k5va

    Go to company page Amazon

    h8k5va
    Austin is landlocked/flat terrain sewer in the middle of Texas. Not sure why people have fawned over it so much
    Mar 31 12
    • New
      UMTm01

      New

      UMTm01
      Don’t forget the dwindling water supplies. Drought + too many people using water = terrible.
      Apr 7
    • Amazon
      bwmines

      Go to company page Amazon

      bwmines
      Most of the people moving back from Californias were not originally from California. It’s just trash moving back to their trash home
      Apr 9
  • Amazon / Product
    mapotofuu

    Go to company page Amazon Product

    PRE
    Dell
     mapotofuu
    2 yrs ago that would have made sense. Now, Austin's real estate is really very hot. You do save on state taxes.
    Mar 31 6
    • Molecula
      euMk83

      Molecula

      euMk83
      It’s still a better deal. A $700K house (a nice home) at 3% in Austin equals a total tax burden of $21k. For OP’s salary the California state tax is $10,200, for a $1 million single family home in SF that’s $11800 in property taxes so $22K for the right to live there in a 1 million spot in the bay (not sure that buys much.) That’s excluding a few hundred extra in sales tax every year, tolls, gasoline, food etc. realistically, for OP’s income and above it makes no financial sense to stay in the Bay Area. Obviously it’s a great place, but strictly financially speaking, Texas high property taxes are more than covered when you look at the whole picture for most people.
      Apr 1
    • Amazon / Eng
      De5i

      Go to company page Amazon Eng

      BIO
      5 YoE, 270 TC
       De5i
      Property tax in California is irrelevant. Op won't be a homeowner in Bay Area with that TC either way. :D
      Apr 1
  • Amazon
    07&9

    Go to company page Amazon

    07&9
    No. Austin is expensive. $2k for a decent studio in the city is not uncommon. You could live farther out and commute and maybe save.
    Mar 31 5
  • Gopuff
    0a6bsgd

    Go to company page Gopuff

    0a6bsgd
    That's like a 10% raise

    Especially with higher QOL.

    Just vote correctly and don't make crime legal.
    Apr 1 9
    • Amazon
      cdh2228

      Go to company page Amazon

      cdh2228
      It doesn't matter how many people support it. Supporting slavery in any form is repugnant, and there is no other way to view the so called "pro-life" movement. One has to be completely morally bankrupt to support the subjugation of women.
      Apr 15
    • Google
      ehzF35

      Go to company page Google

      ehzF35
      What an incredibly stupid comment - you should be embarrassed that you even wrote that.

      Your analogy doesn’t even make sense - how many slaves supported slavery? That would be a more apt analogy for the idiotic comparison you’re making.

      Clearly 1 out of every 2 women that you claim are being “subjugated” don’t agree with you, yet you insist on inventing a fake victim so can act morally righteous.

      Abortion is one of the most vile, twisted, and quite frankly, evil practices around, and when the entire argument hinges around de-humanization, mental gymnastics, and euphemisms, you know you’re supporting a disgusting act.

      One has to be morally bankrupt to support murder on the most innocent of lives. You should be embarrassed.
      Apr 19