Do you realize that at $150k gross pay, that's ~$96k net/year or $8k/month -> $6... | Hacker News

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		pedrosorio on Nov 29, 2017 \| parent \| context \| favorite \| on: Silicon Valley Software Engineer Salaries by Exper... Do you realize that at $150k gross pay, that's ~$96k net/year or $8k/month -> $6k after paying for rent?

user5994461 on Nov 29, 2017 [–]

That's not the point that was being illustrated.

The point being that at 60k a year, it's not even possible to pay for the rent in the valley. That's why salaries are much higher than Europe.

sjg007 on Nov 29, 2017 | [–]

Yeah 120k or so for a family of four in San Mateo qualifies you for affordable housing.

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