Are Silicon Valley software engineers really as rich as they seem? Check out this ranking.

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Are Silicon Valley software engineers really as rich as they seem? Check out this ranking.

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Aerial attempt of residential streets in the Outer Sunset neighborhood of San Francisco.

Homes in San Francisco. halbergman/Getty Images

Software engineers in the Bay Area motionless acquire far additional than their peers nearly anyplace alternatively in the US, equal following accounting for the region's eye-watering disbursal of living.

Recent data from Levels.fyi established total compensation is 77% complete an employment-weighted national median. Adjusting for local prices narrows the gap, but Bay Area engineers motionless arrive out 53% ahead.

The inspection used national occupation counts to assistance document for anywhere application engineers work, fairly than relying solely on anywhere group present their pay to Levels.fyi.

Seattle additionally remains fine complete average following the adjustment, during cities specified as Boston and Washington, DC, endure most of their advantage formerly living expenses are factored in.

The diagram below shows the pay differences before adjusting for local prices.

One crucial caveat: The cost-of-living difference does not document for differences in province and local taxes.

These numbers are additionally according to submissions to Levels.fyi, so they could over-index toward areas anywhere group akin to brag concerning their pay, anywhere that is!

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Alistair Barr is the driving power rearward Business Insider's AI Insider franchise, including the AI Insider newsletter. Sign up here. Before that, he was Business Insider's Global Tech Editor and the Big Tech squad chief at Bloomberg, following a reporting occupation at The Wall Street Journal, USA Today, Reuters, and MarketWatch. Alistair covers all things Big Tech, alongside alongside startups and project capital. He writes inspection and columns concerning topics including AI, haze computing, data centers, semiconductors, online search, e-commerce, EVs, robotics, and autonomous vehicles.

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