200k in Houston VS. 300k in San Francisco, which gets you further?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

OP - I moved to Cali for $30K more than what I could have made in Dallas. Initially I felt like I did a mistake but within 3 years I changed two jobs and started making twice as much. Two years fast forward, I made Partner and make 5 times as much. I don’t think I would had such accelerated growth if I lived in Dallas. So you have to take future opportunities into consideration as well before making your decision.

likesmart

P1 and SC1 spot on. When i moved to NYC, my otherwise identical career went into overdrive in many ways, the big market areas simply give you more social engineering, bigger opportunities, and overall can put your career on a rocket ship in so many intangible ways.

like

Houston. Additional bonus, Houston has lower levels of human feces on the sidewalk.

likefunny

Free street cleaning

Recent IconRecent

I'd think Houston

like

Sure, but discretionary costs are also significantly higher (e.g., car insurance, utilities, food). So "gets you further" would be Houston. In addition to the "gets you further" today discussion, you'd, at best, be in the same savings position. So your wealth would build equally, but your purchasing power would be higher in Texas due to lower prices. I'd argue that makes your QoL higher too.

Definitely Houston but you'd have to live in Houston which for me wouldn't be worth it

likesmart

Ah yes - Houston = armpit of Texas

Houston.

like

Houston. No doubt lol

Plus, we got no state tax

like

I feel like I can’t even wipe my ass for under $30 in SF

like

Dude was working 80 hour weeks as a janitor. He deserves it more than many IMO

Houston and it’s not even close

like

See the thread I got into with A1, also Partner1’s thread

San Francisco if you can rent a room to someone on section 8. Think outside the box 🤷🏾

smart

200k McNuggets would probably get you further in TX than $300k in SF

like

Just searched, it's 5600 vs 6900 bi-weekly, so 1300*2=2600 difference per month, will rent be that much different?

The house I own in Houston ($550K, ~$3K/mo mortgage) would be totally out of reach in SF - at least $4M-$5M (and a mortgage I could never afford). So yeah, if having a nice home (and plenty of space for pets and/or kids) is important, the difference is huge.

Sf

Texas

Houston for sure

Houston

I would go to SF with 300k (Personal preference, I guess). Love the Cali/Bay Area weather, good scene is good and more opportunities to help you raise your earnings in future with many Tech giants around.

Don’t forget you need a car in Houston and not in sf

Having lived in both cities, your dollars will go further in Houston. But to P1’s point, you will see tremendous career growth in SF due to the Bay Area culture. A huge generalization and anecdotal: on average, folks in HTX settle down earlier and prioritize family more than folks in the Bay Area, which yields a different environment for progression and future career and salary potential. Personally I had to move to SF because I craved that drive and motivation to grow in my career (2 YoE) that I didn’t see among my peers in HTX

Its funny how people say the same thing about the Bay (relaxed environment with little drive) in NYC. It's all relative.

like

What role? Rare to find $200K jobs in Texas if youre currently a manager.

If you're okay not living in the prime parts of SF, and living in the suburbs of the bay area, I'd rather pocket the difference and invest it.

Related Posts

Angel investors : What returns do you expect when investing? Also what’s your range of investment?

like

Thoughts on buying a house now? Lease is up in January. Can finally afford to buy. But would it be better to wait until next year in case of recession -> foreclosure market -> better deals? WDYT

like

Anyone use Wealthfront as an investment platform? Likes, dislikes, thoughts?

Hi folks - anyone here is a realtor or was a realtor in Toronto before? Looking to chat with people who have the experience.

like

Should I lower my contributions to my 401k and save up for a down payment faster? I want to start having multiple streams of income. Planning on getting a multi-family apartment but not living there since I want to buy a semi-cheaper house so it won’t be in a great area (Chicago). Has anybody done it and regretted buying a house as an investment?

like

Good neighborhood for buying rental investment properties in Dallas? Have budget of around $400k.

like

Which consulting firm has the best 401k match?

like

Avoiding US fishes who live in a different reality. How do the london fishes earn (level, company). What % are you able to save monthly?

My own
~10 years total with ~2 years consulting
Pay 100k base + bonus
Realistically saving 40% net take home for house in future

like

What are your thoughts on ESPP?

like

Soon to be making 85k in LA, looking to move to a new apartment. What would you think is reasonable to spend on a 1 bedroom (not studio)?

like

Anyone have a recommended tax person in Chicago?

like

Anybody in here trade options? I trade Iron Condors and have been having success with that but would love to hear what other people have been doing

like

Does anyone have experience managing an out of state property yourself? Are there any tips/services you use?

like

Roth vs Traditional 401k, thoughts?

like

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

like

Need advice. Have some credit card debt that I’ve been working to pay off. Have made progress but want to lower it quickly. We have dual income, with a house (~$300k in equity), 1 kid and 1 on the way. I’ve looked into debt consolidation via HELOC but also have ~$80k in vested equity in my company that I haven’t touched. Get equity refreshes every year. Would it be smarter to cash out $15k-$20k of that to pay debt vs. a HELOC at ~5% given that will still require mthly payments

like

Is the firm 401k matching pre-tax? I’ve been contributing to the Roth 401k, was wondering if the firm contribution portion is also Roth or not.

like

In chamath we trust. This guy prints money. The wave will end eventually but damn it has been good.

like

Is it worth it to get someone to do your taxes as an associate (vs. using TurboTax, etc.)? Rising fourth year if that changes your thoughts.

like

Hi Experts,

Suggest me some debt funds. Looking for investment for 3-5 years.

like

More Posts

I am a regional controller for a hospitality group. I began looking for a job in a different industry, but have hit some roadblocks with trying to communicate transferable skills and management style (decentralized). Any recommendations?

like

Any tips for the functional interview for Amazon’s Contracts Manager position? Studying the leadership principles but don’t want to overlook the functional portion.

like

Any tips for Amazon Web Services Senior Business Intelligence interview? Guess it would be SQL round.

like

Openings for Graphic Designer with 5+ yrs of experience.

DM for referral or Suggest your friends as well.

DM for Company name & Other details 🤝

like

Lol a client just emailed saying they want to sign a $1.5bn deal (we are sell side) not at some point before or by, but rather ON CHRISTMAS DAY.

What the hell is wrong with people?

likefunny

I have a question related to retention bonus. I received a retention bonus of ~1L in November last year. After TDS deduction I got ~70k in-hand.

I will be leaving the firm in October this year. Since I will have to return the entire ~1LPA, is there any manner in which I can recover my tax deducted in previous FY?

Hi I got an offer from Hexaware and HCL .can somebody help me which should I go for.

like

How is CG (consulting group) in Iqvia differs than other groups?
Does they have better pay than others at same level?
What position to join with 7 yrs of ex. Is grade 140 appropriate for 7 yrs of ex?
Any thing important to know about it.

like

Anyone talk to a Muslim therapist? Muslim matters because I’d like to talk about marital issues, and not sure others will get the religious context. NYC preferred. TIA!

like

Is Dancing considered a taboo in Muslim world?

like

Does anyone use the Garmin Venu for running? Would you recommend?

like

What inspired you to join this industry?

like

I am asked during this RE analyst interview to build a real estate model from scratch. My background is commercial banking and I am used to analyzing real estate deals from the lender side not the developer. The interviewer is generous I must say he’s giving me a few days to complete. However this model is for a ground up multifamily development. I have no prior experience building one. I can find models online but all very complexe to reproduce. How would you handle? Do you have model to share?

like

Has anyone done Uber as a means to keep bills paid while in transition? wondering if this would be sufficient financially

like

After years of being on some kind of birth control, I finally stopped being on them a few weeks back. I have never felt so normal! Didn’t realize how much of those hormones added to my mental health too.

like

I rearrange my home office several times a year. Idk why but every 4 months I need to change it up. Anyone else do this?

like

Anyone volunteering with the upcoming CFE exam this week?

like

I am a m4 interviewing with Canada, Australia and UK offices in ey. Could leave US due to h1b rfe. Any idea on what's a m4 salary at these locations for IT assurance

like

Anyone recently joined in CGI PMO team for shell Client ?

New to LA... what’s the best places to meet people? I live in downtown

Additional Posts in Compensation in Consulting

PAM/IAM architect and controls assessment specialist 5 YOE.. NY industry positions what smtarget salary should I be looking at? 140?

like

Hello - looking for the min - max salary bracket of EY Consulting manager in DC area. Any ballparks?

like

Google L6 S&O in Boston/Seattle/DC. 9 YOE + MBA.
Base: 218k
Bonus: 20%
Equity: 270k over 4 years
Sign-on: 25k

Good offer?

likehelpful

Scrum Master with 3 YOE, 1yr in agile. Technical background. Secret clearance and working in Federal. Two in demand certs (SAFe SSM & SGP). Currently making 103.5k in DC. Realistically what is the highest I can negotiate for at competing firms?

like

How much does a manager at Alvarez and Marsal make in Forensics in NYC and Charlotte?

like

Anyone have consulting experience in Austria? I’m moving to Vienna and trying to get a sense of salary for an experienced SM in management consulting. Any insight? Thanks!

like

I'm a recent grad who accepted an entry-level full-time job offer with Capital One. I knew that MBB and other consulting firms rarely ever negotiate salary with new grads, so I didn't with Capital One as well. Was that a mistake? What were the likelihoods that they would have raised my salary? I had no other competing offers at the time

What is the comp range for a EY Parthenon Director?

like

healthcare promotion from EM to SM in your firm? trying to calibrate expectations....

like

2nd year SC with consistent 1 or 2 (top) ratings, and 5 yrs experience in digital / CX. I've decided I need a change - what can comp I expect in NYC at other big 4s? Anyone care to refer me? 🙏

like

Can anyone provide insight re: EY manager salary range (6 years in B4), NY/DC/VA, Tax Technology group

like

Capital One PMS- I’m expecting an offer for a product manager role soon. I have 5 YOE total , and I currently earn 133k. What sort of offer could I expect for the NYC area, and is there room to negotiate should it be lower than my current salary? Capital One

like

Can anyone tell me the salary range for both a Senior Consultant AND Manager for Slalom in Columbus, OH? Trying to figure out what I can negotiate for in terms of base salary. Does Slalom provide a sign on bonus?

like

How much do analysts at a hedge fund make? Asking for a friend who’s thinking of transition post a few years in equity research.

like

Fti 🐠, what is the salary band for a senior director in forensic and litigation consulting?

like

What is typical bonus percentage at Accenture?

like

Data science consultant. 3 years exp, AWS developer, and masters in stats. What's a good range?

like

Looking to apply to manager positions at S& and ATK, 7 YOE strategy consulting at a boutique with top 10 MBA , just curious what is rough range for comp? Thanks

like

Getting a lower title than what I interviewed for but the salary matches what I asked for. Would you go?

like

Interview with Deloitte for Healthcare Ops transformation Senior Consultant. Wanted to know what salary range i should expect. Candidate with post 6 years of experience with Top 20 MBA degree. Currently at a competitor.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal