[jpmcglone]

I was making $100k and was able to find a small apartment in SF AND save about $2k a month (granted, I've finished paying my student loans). Not needing a car, and the ability to walk / scooter / public transport everywhere for relatively cheap, is a huge money saver! My half of the rent each month, as of today in SF, is $1300 ($2600 for the whole apartment in SoMa), but you need to take into account the money I'm not spending maintaining a car (which can be costly in the city, especially w/ parking).

As for health insurance, you'll more than likely find a job that offers that. I had great health insurance, the company had some neat perks like a gym membership, free lunch and dinner at the offices, and permission to work from home pretty frequently.

I think if you are anticipating $100k a year in SF, you'll do fine!

[freyr]

So you get a small, shared apartment, dinners at work, no car, and $2k/month left to save. Honestly, that's not bad, but I'm guessing you're young.

Consider you're slightly older and thinking of starting a family. Will your income cover: extra food and clothing for a child? day care or maternity leave? saving for college? saving for retirement? a larger apartment for your growing family? a down payment on a house or car? car payments or a mortgage? investment income? Is your company paying for your dinner because they expect you to work at night?

$100k in SF is a reasonable amount of money. But as your expenses begin to grow, you may wonder when your earnings will grow in proportion. Unfortunately, while many industries value their workers more as they grow in experience, the SV software industry has taken a unique stance that experience is actually a liability. Perhaps because the SV software industry runs on the notion of maybe-someday compensation, which is a palatable proposition mainly to the young and naïve.

[curun1r]

> the SV software industry has taken a unique stance that experience is actually a liability

I see this viewpoint often, but it always seems to be from people who either haven't used their time wisely or otherwise don't want to change their role. There's a bizarre belief that they should be paid more for the same type/amount of work. Apart from a few situations, the marginal value of very good code over simply adequate code is very small...it's not enough to justify the marginal salary of a very senior coder over a junior coder. And yet people believe that since they've got 20+ years of experience, they should be paid significantly more than someone with 2+ years.

Meanwhile, those that have used their time wisely and moved from engineer into architects or other leadership positions are both older and very well compensated. We realize that we can guide a team of junior engineers to produce something that's good enough to meet the needs of the business. It's not as good as it would be if I wrote every line of code myself or with a team of engineers with 20+ years experience each, but I know that none of it is a disaster and it was written for a fraction of the cost. My salary/comp has more than kept pace with my expenses as they've grown, but only because my contribution to the organization has grown similarly. I could have never grown that contribution if I'd stayed in a role where I was primarily responsible for writing code.

[eldavido]

You're correct that the marginal value of great code vs. good code is...marginal, MOST of the time. But I think the 1% cases are where the big (200k+) comp packages are for ICs. Stuff like perf optimizations at big scale, 1% adwords CTR improvements, optimizing JS runtimes, etc.

I agree that for most organizations management is the highest-leverage (ergo, highest-paid) path.

A better way to frame the problem is to think about the organization's economics and how your contribution fits into it. Figure out the 2-3 key metrics for success at the org and figure out whether you can move those, and if so, how. And realize that in a lot of job roles, you won't move the key metrics, and won't be paid as such.

[pbreit]

At that point you'll have dual income so even easier.

[jpmcglone]

Great points. And for the record, I guess I'm young. I'm single with no dependents. :P