This is what I mean by 'underdeveloped':
- Most software dev job postings (as of May 2018) have SPECIFIC tech stack requirements. This to me is a red flag. Most recruiters in 'developed' tech cities assume that software development skills are transferable and that technology stacks/frameworks/languages can be learned.
- The salaries offered were still very low compared to comparable COL locations like Austin
- No major FAANG presence to put upward pressure on local developer wages
https://www.nerdwallet.com/cost-of-living-calculator/compare...
$150k in Austin equates to $236k in Seattle (knock off 35%)
$150k in Austin equates to $296k in SF Bay (knock off 50%)
Stock market shares are the same, but things like gas prices, groceries, utilities, and rent are vastly different.