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Business · 3h ago

$180k Tech Salaries No Longer Enough in San Francisco

By Meridian48 News Desk · Summarised from Hacker News ·

A New York Times report reveals that even $180,000 annual tech salaries in San Francisco are insufficient for a comfortable lifestyle due to soaring housing costs and inflation. The city's median rent for a one-bedroom apartment has surpassed $4,000 per month, while grocery and transportation expenses have risen sharply. Many tech workers are now seeking remote positions or relocating to more affordable cities.

Meridian48 take
This underscores the growing disconnect between high tech salaries and the cost of living in major hubs, potentially accelerating the shift toward remote work and secondary tech markets.
Read the full reporting
In San Francisco, Even $180k Tech Salaries Are No Longer Enough →
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