Author: Emmie Martin / Source: CNBC It's expensive to live in San Francisco — even if you make six figures. In an article published earlie
It’s expensive to live in San Francisco — even if you make six figures.
In an article published earlier this year, The Guardian reported on an anonymous Twitter employee in his 40s who says that, even on a $160,000 annual salary, he’s barely scraping by in Silicon Valley.
“I didn’t become a software engineer to be trying to make ends meet,” he told The Guardian.
The employee’s biggest expense is the $3,000 monthly rent he pays on a two-bedroom house where he lives with his wife and two kids, which he describes as “ultra cheap.”
“Families are priced out of the market,” he says, explaining that it’s hard to compete with the hordes of 20-somethings willing to pile into a shared house — and still pay $2,000 per person for a room.
The employee’s grievances are echoed by many of his fellow tech workers in the Bay Area.