What's enough income in Bay area for a family of three?

New ltoa
Aug 28, 2018 221 Comments

TC: 165k base, 160k rsus/ 4yr, 30k sign, 10% bonus and relo
First year comp: a little over 250k

If I take the position, I'll be moving from East coast with wife and newborn and m trying to determine if this is enough to live comfortably in the Bay area.

I will be the sole income, but we won't need to pay for child care. Schools aren't a concern because I plan to move back to East coast after a few years. We don't care much about having nice cars or expensive clothes and with a newborn we probably wouldn't be eating out more than once a week if even although probably a lot of take out.

I'd be working out of Sunnyvale/Cupertino and the things I do care about are a 15-25 min commute and a house or townhouse with 3br. I also want to make sure I can still save for retirement.

Is this possible on this income? The more I read the harder it is to know.


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TOP 221 Comments
  • Oracle dicktracy
    At that base, you'd be living paycheck to paycheck if in a 3bd place! RSU income is what you'll save, net of taxes.
    Aug 28, 2018 13
    • Walmart.com / Product evxJ51
      Shorter commute, longer office hours. Pick your poison
      Aug 28, 2018
    • PayPal / Finance WLqM33
      You can do a quick check on Zillow for rent.

      I did a quick search and a townhouse within 15-20 mins of commute to Apple campus (assuming the main campus) is about $5400 a month

      I’d say after tax, rent and all the living expenses, it will be hard to save but you’ll get better commute and better weather

      Good luck and welcome to California
      Aug 28, 2018
  • Bank of The West / Product

    Bank of The West Product

    Cisco, eBay, NetApp, VMware
    TC = 450k
    You will live comfortably. You are going to come here and never going to go back to east coast. You have been warned.
    Aug 28, 2018 4
    • Google 3commanot
      True, we came from east coast "temporarily" too... You won't go back, specially because you have kids. Just start saving as much as you can for a down payment.
      Aug 29, 2018
    • Bank of The West / Product

      Bank of The West Product

      Cisco, eBay, NetApp, VMware
      TC = 450k
      What did you find cisco in Rest of USA ? Curious to know.
      Aug 30, 2018
  • eBay / Eng Aishjosh
    Yes , it’s good income . Given your needs and projected lifestyle,here’s what I think. Almost half of monthly pay would go towards rent. And probably another 1/4th towards all other expenses. You should have 1/4th (around 1.8k maybe) balance in your account. Good luck !
    Aug 28, 2018 6
    • VMware / Eng

      VMware Eng

      4k = 6k (before tax)
      Aug 28, 2018
    • Marvell 01010102
      You can rent a decent 3 br townhouse in Sunnyvale for $3300-$3600/mo.
      Aug 29, 2018
  • Google / Eng ;O 𓂺
    Less than $500k makes you feel pretty tight, unless you don’t care about savings.
    Aug 28, 2018 25
    • Spotify WizzAir
      Irvine has good public school? I think there is a google branch there
      Aug 29, 2018
    • Panasonic Avionics Tac0s
      Yup... Irvine - lots of blue ribbon schools. Unless you live near the airport which falls in santa ana school district.
      Aug 29, 2018
  • McAfee okgoogl
    You can easily save 50% of your total comp. Welcome to Bay Area!
    Aug 28, 2018 7
    • Apttus / Eng

      Apttus Eng

      If he adds 3 in his tax exemptions that might give him 5 - 8% tax benefits. Still his insurance costs may go high which is also accountable for pre tax if i m not wrong. But still he has to find cheaper housing options which apparently is impossible near that neighborhood. At max he can save 15 - 20% of his base salary (considering there are no surprise expenses)
      Aug 28, 2018
    • IBM


      Google, Apple
      This ⬆️
      Aug 29, 2018
  • LinkedIn tcorgtfo
    It is certainly possible. Not having to pay daycare helps
    Aug 28, 2018 12
    • Tesla / Other qSXN35
      He has a wife. If she starts working they’ll have two paychecks.
      Aug 28, 2018
    • Apple Aargh
      Yeah, that was Volvo who asked how hard would it be if the daycare is needed. We don’t know how old would be Volvo’s kids or where he would live in the Bay Area, therefore the band is pretty broad.
      Aug 29, 2018
  • Salesforce Dndudid
    What is your YOE? What is your current comp and location? Might be better to guage if you have a good offer and how it compares cost of living wise to San Fran.
    Aug 28, 2018 8
    • eBay Autosux
      @Dndudid: do companies other than aFAANG pay over 300-360 for 10 yr exp?
      Aug 28, 2018
    • Tableau / Eng

      Tableau Eng

      10 to 20k pre tax increase. Your rent is post tax increase in your spending. In my case I might need 40k increase in TC jus to match monthly expenses in Bay Area if I move from Seattle.
      Aug 28, 2018
  • Apple / Eng cho Chang
    Is this an Apple offer? What level is it?
    Aug 28, 2018 14
    • Apple / Eng cho Chang
      Amazon usually doesn’t even give out refreshers lol.. because they factor stock appreciation in to ur comp.
      Aug 28, 2018
    • Amazon hsl44428q
      Amazon almost always gives refreshers unless you are WAY over band. Given our stock performance we are earning drastically more than an equal leveled Apple employee.
      Aug 28, 2018
  • Box Lens
    You will definitely change your lifestyle. I lived in East Coast for 12 years and move Bay Area 6 years ago. At the beginning you will feel poor. The sense that the money will never be enough. Then you adjust your lifestyle and start enjoying less of the consumerism of East Coast and enjoy free nature and nice weather of West Coast. Also, after a while you will save more money here because there are better RSU’s around here and many perks that makes your cost of living cheaper. Today I save a lot more compared to what I had in East Coast. And remember, if you are good here you can make some good money.
    Aug 28, 2018 1
  • IBM Jake96
    I used to live in Bay Area. You'll be fine. Enjoy your time exploring California.
    Aug 28, 2018 0


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