I should look into working with US contractors.
I should look into working with US contractors.
Don't get me wrong, it's a pretty good life. And you can definitely spend a lot less money by having roommates or living in a dangerous neighborhood or eating only noodles. On the other hand, good luck raising a family. All in all, it's not nearly as much money as people imagine when they convert it to local currency and cost of living.
If you put back 10% into a 401(k), you need $88k minimum to net $4200/month.
I love the bay area, but you're right, it's pretty deceptive to look at a dev salary in SF at 100k and compare it to a dev's salary in the rust belt.
So someone in East Europe can't hope for e.g. Texas level salaries? (Not to speak about Silicon Valley)
And by adjusting, I mean not by living costs, but according to average salaries in some particular place. This is worth mentioning, because there are places where people are used to low wages, but living costs are on par or even more expensive compared to US. Especially true for East Europe...
If you could get the work done for USD 1000$ a month, why would you pay anyone more? If someone lives in a low cost country, why would you want to alienate them from your team by paying them significantly less?
And yes, some companies (including Big Co's) do this - adjust salaries according to local low wages. Since OP refused to answer, I suppose Mozilla does this as well.
We, who live in other countries, are cheap.