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The Average Salaries of Tech Works in Major Cities (Infographic)
It’s pretty standard for people in tech to take home some big salaries. But just how much money are these people making? A recent study by Hired.com analyzed data from more than 69,000 job seekers and 10,000 companies, as well as surveying more than 700 tech workers, to uncover salary trends among tech workers in major cities around the world.
Related: 4 Winning Salary Negotiation Strategies
It’s no surprise that some of today’s highest-paid tech workers reside in the Bay Area — home to companies including Facebook, Google and Apple. On average, a tech employee makes an annual salary of $142,000 in the Bay. However, workers in cities including Seattle, Los Angeles and New York aren’t far behind. Seattle comes in second for highest-paid tech workers, with an average of $132,000 annually. Tech employees in the Big Apple and La La Land each take home an average $129,000 a year.
Thinking about moving to one of these cities? Before doing that, it’s important to take into account the typical standard of living costs in each of these places. While a $129,000 salary might sound like a dream-come-true, people in New York City are actually worse off than any others because of the high cost of living. In fact, after adjusting the salary with the average total cost of living in New York, researchers found that NYC techies are the worst off compared to people in other cities and that their average salary is still $6,000 lower than that of residents in the Bay Area. So, if you want to save money, take a look at Austin, Texas. Read more…