Is there a factor by which we can multiply to get approximate bay area salary? Also what do you prefer when it comes to location? (If you Ignore compensation)
For Microsoft its almost 10% increase
I moved from Seattle to NYC and got ~10% increase in salary. I also got more stock and higher bonuses too
For amzn it's 20% extra I believe
There are cost of living calculators. Check those out. You might make more but you also pay income tax in both CA and NY
Goog and FB now pay Bay Area salaries in Seattle.
True for FB, but G still adjusts for about 10%
For Amazon, you can expect a ~15% bump in your TC, , approx 10-12% for MS, Google and FB have started paying Bay Area salaries in Seattle so cant really do much Based on my experience, if looking at it from a purely savings perspective, the TC bump should be in the range of 15-20% for the savings to remain the same. However, in general, I think Bay Area has better opportunities on offer and if you do not have family and a house in Seattle, I would say move for anything above 10%
About negative 11% (state income tax)
1.0
^^ yep its the same like it or not