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>Also 70k in Silicon Valley is not great. Living there is very expensive.

Wow, I had no idea. Here in Canada, 70K in Canada is definitely above average for entry or junior level developers. I think high 50k to low 60k is around the average here for developers right out of college.

How much is the average salary for established developers and entry-level developers around the Valley and the Bay area?

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$85-100k seems to be about entry level for software engineers with a BS in CS from a good school at established companies in this area. My impression is that the Google/Facebook talent war has significantly increased this over the past few years.

I'm guessing these guys have several years internship experience and a load of side projects coming out of school? I know a few guys who came out with just a degree and 0 exp starting at around the mid $50k range.

I've just moved recently to Palo Alto, but I've heard that compared to several years ago the rent, utilities and general cost of living has gone up significantly too. A coworker of mine has a studio in the Richmond District,SF for $800/month, but now that same studio would probably rent for $1300/month. That's an almost $10'000 increase in pre-tax income needed to cover the difference.

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