$100k as a minimum to raise a family and have a reasonable (read: tolerable -- not luxurious) lifestyle in Silicon Valley is very accurate. If anything, it's low.
On $100k, you wouldn't really be able to save very much, so the idea that you could somehow "escape poverty" while raising a family in Silicon Valley on that salary is somewhat of a stretch.
In Silicon Valley, a "middle class" family typically means two highly educated adults each earning six figure incomes.
On $100k, you wouldn't really be able to save very much, so the idea that you could somehow "escape poverty" while raising a family in Silicon Valley on that salary is somewhat of a stretch.
In Silicon Valley, a "middle class" family typically means two highly educated adults each earning six figure incomes.