How much is life in Silicon Valley: an immigrant calculator

How much is life in Silicon Valley? Muscovite Mikhail Tokovinin, a well-known Russian entrepreneur living in the United States, decided to calculate how much a family of three needed to live in a valley or San Francisco.

Фото: Depositphotos

So, the cost of living

• $ 3000 - minimum rental 1Bedroom (one-bedroom house - vc.ru). You can, they say, find it for $ 2000, but this will be an area where you and your child will not go. However, living with a child in 1BD is also hard, quotes Mikhail vc.ru.
• $ 500 - medical insurance. Yes, you can try to save money, but having a child in your arms is crazy, so 500 dollars is the minimum.
• $ 1000 - minimum for kindergarten. Yes, you can go to the state, but if you rent the cheapest apartment, then the garden will be appropriate, so you can invest this thousand in a paid garden, or you can rent it to your choice.
• $ 300 - communal, including the Internet. Less likely to work for three people.
• $ 100 - mobile for two.
• $ 200 - travel. If you live in San Francisco, you can get by with public transportation.
• $ 1000 - food. It is unlikely that you will manage to feed three people for less than 1000 dollars a month.
• $ 200 - unforeseen expenses. Even if you lie at home all year, 100% will spend $ 2400 per year on additional costs.

It turns out that the minimum threshold for survival per family is $ 6300 per month or $ 75 thousand per year, which is equal to $ 110 thousand with taxes. But this is exactly survival, because the official poverty threshold here is now $ 117 thousand per year.

It will take more to live normally

• $ 4500 - Rent 2BD (two-bedroom house - vc.ru) in a decent area.
• $ 1000 - medical insurance for the family.
• $ 1500 - kindergarten and bebisitters.
• $ 500 - Komunalka and mobile communications.
• $ 1000 - car (and parking, if it is a city).
• $ 3000 - food and restaurants.
• $ 500 - additional expenses and statewide tourism ($ 6000 per year).

Total: $ 12 thousand per month, $ 144 thousand per year, $ 210 thousand with taxes.

To live decently

• $ 7000 - at least a rental house 3BD + 2BH (three bedrooms) in a decent place.
• $ 1500 - medicine.
• $ 2000 is a good kindergarten and bebisitters.
• $ 500 - communal and mobile.
• $ 1500 - normal car, insurance, parking, gasoline.
• $ 3500 - food and restaurants.
• $ 1000 - purchases and pre-costs.

Total: $ 17 thousand per month, $ 204 thousand per year, $ 350 thousand with taxes.

To live well and better - the formula is more complicated, since taxes grow progressively and at some point become the main item of expenditure. But I think that it’s necessary to start with $ 30-35 thousand per month or more than $ 700 thousand per year with taxes.

At the same time, if you think that housing, education, medicine, transport and other food for this money will be much better than in Moscow - you are mistaken. More often the opposite.

Not surprisingly, the local howled from the dominance of start-ups and high-tech companies.

Imagine that you were born here, grew up, but became not a programmer, but, for example, a government official, a teacher or a police officer. Now you are a beggar. You can’t provide your children with a decent future, while your only fault is that someone has flooded next to them, the entrepreneur writes.

Read also on ForumDaily:

Wikipedia of life in New York: how to survive a newcomer in the capital of the world

How to make yourself and your life more efficient: 10 secrets from residents of Silicon Valley

Business in emigration: Russian assistants for US entrepreneurs

Life from scratch: how Belarusians won the green card and moved to California

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