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by hellofunk 2467 days ago
But you must also look at how much space belongs to that one individual for the rent they pay, vs elsewhere; not to mention, California's very high taxes. It's common for those with seemingly high salaries to have very little space or actually share it with many people, and if you lived like that in other places you'd also end up with more leftover each month, even with a lower salary.
2 comments

ok sure, let's imagine that this specific individual decides to spend $2k more on rent to have a place just to himself, which would bring his net after all expenses to over $9k. Still a lot, so the housing costs don't make that much of a difference here.
But rent is just part of the picture, and 2k is a low estimate to match actual quality of life. What about the much higher taxes, much higher prices for other aspects of living?
He’s gonna need that extra $2k now that the SALT deductions are gone.
that's why I said "2k MORE", on top of how much he is already paying for rent by sharing a place with someone.
OP mentions he pays $2400 in rent, which would get you a pretty decent studio or half of a 2br apartment in some very nice places in SF. The $11k leftover is also after taxes (and also after 'fun' spending and utilites/food).