Tech workers rejoice. Leaving the high cost of California can result in big gains down in the lone star state. Austin is a growing tech-tropolis and many workers are fleeing silicon valley for Texas. What’s more, Austin tech salaries are some of the highest in the country.
Austin, Here We Come
It’s a forgone conclusion that if you work in tech, you can expect a nice salary. However, not all salaries are created equal. San Francisco pays the highest tech salaries in the world, but they are dead last when adjusted for cost of living.
Austin tech salaries on the other hand, are something worth bragging about. Thanks to information compiled by Atlas, we know that Austin tech salaries are even higher than San Francisco, Seattle, and New York.
Although the raw salary is lower than many of the places on this list, Austin tech salaries benefit from a few things. No state income tax, low home prices, and a lower overall cost of living help boost the Texas city into the number 1 spot for tech workers.
For example, the “real” average salary for a tech worker in Austin is $118,000 per year. That’s certainly nothing to sneeze at. However, at $132,000 in Seattle that’s a $14,000 difference.
Add in the cost of living adjustments and Austin tech salaries adjust to $202,000. Seattle jumps to $182,000. That’s a big $20,000 swing towards Austin.
No matter where you go in the country; from Austin to Seattle or Los Angeles to New York, location matters. Cost of living varies widely from state to state an even from city to city. What’s a bargain in New York can be a mansion in Austin. Location matters.
City vs City knows that location matters which is why we take that into account when calculating cost of living. Our app factors in after-tax income, housing expenses, transportation costs, state and local taxes, and more.
We compare cities at the zip-code level to determine the true cost of living in that area. Then, we compare these cities side by side to determine which city will give you more bang for your buck.
So whether you’re looking to cash in on those Austin tech salaries, or just try a different city; download the City vs City app today and find out which city is best for you!