That's a painful looking salary range.
That's a painful looking salary range.
The problem isn't that NASA tops out salary in low-cost cities barely above entry/mid-sw engineer salary levels in SV, it's that entry/junior engineer salary levels are the "minimum" amount to live comfortably + save in those high cost cities in the first place. I don't think many would mind a pay cut (and the subsequent tax cut) if their rent + cost of living was cut accordingly.
(E.G. $150k in Houston, TX is equivalent to $312k in SF: https://www.nerdwallet.com/cost-of-living-calculator/compare...)
I buy a SF house and start paying the SF mortgage with my SF salary, I spend the next 10 years living there with a cost of living that's around 40% higher than Texas.
At the end of it I sell at SF market rates and move to Texas. I now have an extra $1.24m even if prices didn't increase by a cent.
Furthermore, your 1.24m figure is over-inflated, as CA has high state/local sales/income taxes. And don't forget San Franciso transfer taxes on real estate (around $50k-100k due at close)! Texas has no state or local income taxes, aside from property taxes.
Not to mention that if you have kids, you don't really have the luxury of waiting that long. You can put them into a better school district for cheaper, or you can even send your kid to top-tier well-known private schools for $25k/year rather than $60k/year. Even in-state college tuition at UT, a nationally renowned public university on par with UCLA and UC Berkeley, is only $5k/year, versus near $20k in CA.
I live in Los Angeles now, but I grew up in Dallas. Obviously I'm choosing to stay in California for a reason, but I'm not ignorant as to why someone would move from CA to TX.
The perks don’t look like tech but they are really really good
Also good health insurance, paid parental leave (in the US!), job security, a known and transparent progression path...honesty I’ll take lower uncertainty for slightly lower pay because it saves me money over time.
If you look at the defense industry the contractors can pay way above the federal pay scales. That's why people with security clearances often just move to a contractor and they literally end up on the same project doing the same work but get paid double what they were while working directly for the government.