10 Cities Where Your IT Pay Is Worth The Most - InformationWeek

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9/6/2015
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10 Cities Where Your IT Pay Is Worth The Most

Big paychecks are nice, but in some cities they only let you keep pace with the cost of living. In honor of Labor Day, we're highlighting the US metro areas that allow you to stretch your IT paycheck the farthest.
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10. Boston, MA
Cost of Living Index: 111.6 (100 is average) 
Software Engineer average salary: $105,704
What it's worth here: $94,717
Program Analyst average salary: $77,289
What it's worth here: $69,256
Systems Administrator average salary: $80,658
What it's worth here: $72,275 
(Image: Henry Han via Wikipedia)

10. Boston, MA

Cost of Living Index: 111.6 (100 is average)

Software Engineer average salary: $105,704

What it's worth here: $94,717

Program Analyst average salary: $77,289

What it's worth here: $69,256

Systems Administrator average salary: $80,658

What it's worth here: $72,275

(Image: Henry Han via Wikipedia)

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David Wagner
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David Wagner,
User Rank: Strategist
9/16/2015 | 5:31:14 PM
Re: Boston, Really?
@kstaron- they used data from the US Bureau of Economic Analysis. https://www.glassdoor.com/research/real-value-of-salaries/
David Wagner
50%
50%
David Wagner,
User Rank: Strategist
9/16/2015 | 5:30:18 PM
Re: Boston, Really?
@kstaron- they used data from the US Bureau of Economic Analysis. https://www.glassdoor.com/research/real-value-of-salaries/
David Wagner
50%
50%
David Wagner,
User Rank: Strategist
9/15/2015 | 12:50:17 PM
Re: Maybe remove the numbers?
@GAPprogrammer- Well, the issue is that there are three common jobs listed there and no city is the same for every job. We chose to list them in order of bang for the buck for one of those jobs (software engineer) rather than average the three jobs or something. 

So, you really do get your best bang for your buck working in Seattle as a software engineer. Even though it is expensive you get paid more as well. Each job title was different, but we chose software engineer because it is the most common IT job. 

We put the other data there to compare it with. 
David Wagner
50%
50%
David Wagner,
User Rank: Strategist
9/15/2015 | 12:44:07 PM
Re: Getting the Most for Your Pay
@pedro- I think there is always a lag between the economic realities and salaries. I would assume as we revisit this data you'll see companies in cities with less value need to step up their salary game. 
David Wagner
100%
0%
David Wagner,
User Rank: Strategist
9/15/2015 | 12:42:34 PM
Re: Getting the Most for Your Pay
@jastroff- Yes, one of the most interesting parts of this survey is that being "number 1" in one area didn't make yo number one in all of them. St. Louis seemed like the best mix of all three jobs. i never really think of St. Louis as a tech center so that's interesting. I guess it takes a lot of tech to sell beer. 
DDURBIN1
50%
50%
DDURBIN1,
User Rank: Apprentice
9/9/2015 | 10:04:12 AM
Re: Getting the Most for Your Pay
@Pedro, yep that salary in Boston will barely pay the rent.
DDURBIN1
100%
0%
DDURBIN1,
User Rank: Apprentice
9/9/2015 | 10:00:38 AM
Equitable pay most everywhere except from India
Just about every location has equaitble compensation for the area's cost of living. Now if you could take a $130K salary in San Jose to a position in St. Louis keeping your $130K then you'd have an advantage but that's not going to happen.  More likely, at $130K, you are going to be replaced by a candidate moving from St. Louis previously making $85K for a $105K to take your position not realizing the extreme cost of living.  But very most likely both positions, San Jose and St. Louis, are being replaced by a H1B1 visa candidate from India for $55K as Disney did to the 250 IT positions in Florida.
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