What comp increase would you need to take to move from a market like Cleveland/Minneapolis/Pittsburgh to San Fran or NYC? Those random online calculators say almost 2x my current comp which is insane.

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I live in one of the cities you listed and recently turned down an offer for 40% more because of that issue. I looked pretty close and housing was +100% and taxes higher also.

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4K square foot will be at least 3M if not closer to 5M+ depending on location and how nice you want it in Bay Area. You have to sacrifice something. Quality of life is not just how big your house is.

A lot of cool jobs are now hiring remotely though.

What’s insane about that?

If you’re a software engineer or in front office high finance yes, >500k is reasonable. For general business roles if you have no special talents 7 YOE will net you somewhere between 225 and 350k.

Quality of life has various dimensions. Bay Area has good weather, nature, and tents+needles. NYC has culture, nightlife, etc. Both have fantastic dining scenes with multiple Michelin starred restaurants. If these things matter to you Cleveland suburbs is not it. If you want to go your local Italian or chain restaurant to get some Lasagna and take the kids mini golfing, well then different strokes for different folks.

Unless you’re getting paid T1 city money in the original city, you need close to a 100% comp increase to maintain your lifestyle. Multiple factors at play, of course.

I advise not thinking of it that way. I would argue 100k in nyc is a better lifestyle than 100k in Cleveland or Minneapolis —- global city, walking distance, fashion and theater, etc.

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