[kobeya]

If you're young and single or dual income, no kids, the bay area is a fantastic place to make high income and save tons of money. Lots of people in r/financialindependence are tech workers in the valley.

If you're starting your own company and want VC investment, I can think of no better place to be than silicon valley, assuming you make use of the social events, meetups, attend YC demo days, rainbow mansion, etc. The personal networking will lead to more and better deals.

But if you have kids, a spouse that doesn't pull in the astronomical salaries, or are trying to bootstrap a company, stay far, far away.