“I want to move to Silicon Valley,” one of my students said. “Why?” I asked. To which he replied, “I’d make more money there as a programmer.” What followed was a long discussion where I attempted to prove that he could make just as much money in Russia even if he earned half of what Silicon Valley programmers do.
To illustrate my point, I conducted research on the median salary of a Silicon Valley programmer, the average tax rate, the cost of a one-bedroom apartment, and the average cost of living for a single person such as himself. Here are the results:
Bear in mind that this analysis is based on Moscow, the most expensive city in the Russian Federation. Basically, I attempted to convince my student that if he offered his services to Silicon Valley companies for half the salary of an American programmer, he’d make just as much money as if he was living in California. In fact, a few of my students have already done this, and are now happily working from home in their underwear.
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| Typical Russian IT guy |
Sources:
¹https://www.indeed.com/salaries/Developer-Salaries,-Silicon-Valley-CA
²https://www.gobankingrates.com/making-money/wealth/how-much-take-home-100k-salary-state/
³https://planetrussia.info/2017/09/27/russias-simple-small-business-tax-system/
⁴https://www.numbeo.com/cost-of-living/in/San-Jose
⁵https://www.numbeo.com/cost-of-living/in/Moscow
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²https://www.gobankingrates.com/making-money/wealth/how-much-take-home-100k-salary-state/
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| ³https://planetrussia.info/2017/09/27/russias-simple-small-business-tax-system/ |
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| ⁴https://www.numbeo.com/cost-of-living/in/San-Jose |
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| ⁵https://www.numbeo.com/cost-of-living/in/Moscow |
Very interesting for the employees - how can the cost be compared from employer side ?
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