Tech hubs such as San Francisco and New York City are appealing to many professionals, but living in major metropolitan areas comes with a major downside: housing costs. According to one Dice survey, only 12 percent of tech employees in those hubs believe there’s enough available housing. Even in cities that don’t qualify as tech hubs, a mere 23 percent of pros think there’s adequate living space.
For those technologists who feel that they’re not earning quite enough money to survive in a high cost-of-living area, the advice is pretty straightforward: get roommates, take advantage of whatever deductions and free entertainment you can, and gain whatever skills you potentially need to level up (including the often-overlooked “soft skills” such as communication). All that aside, though, many technologists are migrating to areas with a lower cost-of-living where your salary dollar stretches much further.