People in San Francisco seriously underestimate how good of a salary $75-85k/yr is in the Midwest. We have grads making $80k where you can buy a nice three-bedroom home for $175k. Your mortgage is $600/month, which leaves over $6k/month before taxes.
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$150k is entry level at AmaGooBookSoft in the Bay Area/Seattle/NYC.
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Don't just take my word for it:https://mobile.twitter.com/danluu/status/678288695166943233 …
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That’s way better than average bootcamp grads do though. WAY better.
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Are you saying that average bootcamp grads do $85k in the midwest? I am talking about ~10% of entry level positions. Maybe formal education still carries a wage premium.
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Bootcamp grads don’t do $150k in SF
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Just to clarify, I am talking about base salary + annualized portion of stock award + target bonus. Base salary alone is closer to $100-110k.
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This seems like Lambda’s unfair advantage
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One of many
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Depends on your perspective and definition of “QoL.” For me, the thought of living in the Midwest, even with a bigger house and more room for the paycheck, with the horrid winters and summers, equals a lower QoL for me. To each their own :) <3
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I feel like this is Lambda big “secret” (in the “Zero to One” sense); people in SF/LA/NY think everyone wants to live in a dense, bustling city
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Let alone remote work, which allows you to live in much more affordable places with an even higher quality of life.
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Agreed. You can’t afford to own an apartment in Manhattan on a 150k salary either.
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Undoubtedly
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depends if they're LGBTQ+
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Are you suggesting people don't yearn for paying $18 for a salad to go with a nice, cool glass of $12 beer? /s
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Can't put a price on good weather and sunshine 12/12 months of the year... vs east coast's bone-chilling cold and sweltering summers
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Have your been to Indianapolis in February?
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