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Business Insider

Business Insider

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Breaking Down My $306,500 Salary In San Francisco | Cost Of Living

Video Overview & Insights

Raymond Zeng lives in the San Francisco Bay Area and works as a software engineer at Meta, earning $306,500 a year. Despite his high salary, he lives minimally, saving aggressively with the goal of retiring by age 30. Instead of spending on material things, Zeng prioritizes travel, hobbies, and investing, using credit-card points and perks to help fund trips around the world.

Also read "AI millionaires are already blowing up San Francisco real estate prices. Wait until the IPOs show up": https://bit.ly/4fseoOM

— @BusinessInsider

In this episode of Cost of Living, Raymond breaks down exactly how he budgets, spends, and invests his money while living in one of the most expensive regions in the US.

Read "I make over $300,000 a year working for Meta in San Francisco and still don't own a car, couch, or TV": https://bit.ly/3Q1ouvS

It's real simpleYou move somewhere where the left isn't ruining the city and the state move away

— @bertram46

For more from Raymond:

https://www.youtube.com/channel/UCS8cPzkeCD048VJgwMN3OGw

This is sad lol

— @jlwade87

00:00 - Introduction

00:15 - Income and work

Bro I'm getting financially pwned by a freaking furry.

— @OrangeVirago

00:53 - Housing and utilities

04:23 - Transportation

I love how the walls are full of memories

— @Tackleberry666

05:19 - Food and groceries

07:24 - Leisure and hobbies

the biggest tip to save cost is not to have a 'partner' haha

— @Jacckh

10:55 - Savings and investments

15:17 - Long-term plans and advice

incredible ragebait

— @nnn-i5y

------------------------------------------------------

#costoflivingusa #sanfrancisco #techearnings #costofliving

Say the line deltarune fans

— @LiterallyWatt

WATCH MORE:

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“Partner” god dammit

— @huntermartin

https://youtu.be/zS032NiHcmk

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Bro loves hatsune miku

— @Ramses060784

https://youtu.be/rNNyEUxrPOY

Why Americans Are Building Towers And Bunkers To Survive WWIII

This is what happens when you don't socialize your kids.

— @kjpete3

https://youtu.be/lRUS-7P0a4k

Business Insider is a global newsroom covering business, technology, innovation, and the economy.

So you earn over 300000, but you only take home 4000/month and spend over 50% on a shoebox?
U-S-A U-S-A U-S-A 😂😂😂

— @POTThaesslich

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PUT MORE THEN 50 PERCENT FROM HIS SALERY TO SAVING DOG YOU NOT SUR YOU GONA LIVE TO SPEND IT

— @goodstuf0

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Wow, crazy ass salary and perks. Also impressive saving rate!!! That's how you do it folks!!!

— @srrtbb

... on X: https://x.com/BusinessInsider

... on TikTok: https://www.tiktok.com/@businessinsider

This is depressing AF 😂🤦🏻‍♂️

— @DRJTUBECHANNEL

Breaking Down My $306,500 Salary In San Francisco | Cost Of Living | Business Insider

Lmao we can’t be the same 24

— @ODMMURPHY

More User Perspectives

@

the american income math is confusing me...306k per year (212k excluding stock options) which result in 14k/month?😂 which are 4k netto after taxes and contributions? wtf is this?

@valentinmandache6447
@

I don’t get it.
4k base salary a month gives 48k a year right?
From 185k salary how’s she getting only 4k to take home?

@sunnydagia9273
@

Thanks for sharing your story, very fascinating!

@fungamh888
@

He gives me Cisco vibes from The Flash TV show 😂

@theunknown08002
@

Him talking about his millions in investments... doesn't the market crash every 20 years based on history?

@J0sho495
@

this guy is so genuine and cool!

@bigbagum3
@

Seems like a nice guy, question about the math though….
I mean, why break your handful of groceries down to the penny when you are positing that you have an annual salary of $185k and yet a monthly salary of $14k? 14x12=168. Thats just a casual 17k left off the books. Or 4.25 months take home pay according to this.

@johndilaura8633
@

wtfffffff

@gshepherd6141
@

Living the American dream

@juny9445
@

Wow retire by 30

@robincastillo9372
@

Making 300k and living like a European student... Insanity

@MoritzAdler
@

Wow wth is HSA. Is that a scam? In australia my base is 172k, and my take home is 10.5k a month. This includes all healthcare. On top of this employer pays my equivalent "401k" of 12% of base. Which means i get paid 12k a month after tax. How do american get fleeced and not even realise it?

@thekyphongnguyen
@

I make $18 an hour.

@CaptAuronGambles
@

This guy making 4.4 times my salary and so young. Good for you man.

@EngrNaLagingGutom
@

I was eager to read the comments because I thought they wound be interesting. But instead I found a bunch of judgmental BS. I think he’s remarkable.

@foglover1973
@

THis video is BS, grosses 300k a year and ends up with 4k a month (48k a year?) someones not good at math

@RobsMetals
@

Say what you want but this guy lives really healthy lifestyle for a avg american. He walks when he can, preps his meals in preety healthy way and he even casually dances. I mean it is preety funny to belive as gen z in safety of your money in stock market based on biggest and most volatile corporations.

@AzithromY
@

dj roborock

@FreeTacozYT
@

That light was $15 from Walmart 😂😂😂 I had the same one and also the tea kettle on the counter I have I think was $10 LMFAOOOO

@Ipreferblueink
@

This is insane af 😂😂😂

@Ipreferblueink
@

I’m genuinely happy you’re loving your life and earning a great salary. But… this apartment? It’s giving abandoned hotel waiting room 🤭

Would it really hurt to buy a few pieces of art and support an up-and-coming artist? I am sure there are a few in SF! Your walls would thank you, an artist might get the break they deserve, and who knows, you might even end up owning something that grows in value too!

@lisalanzarini2702
@

7:46 AH

@RelixIxiler
@

7500 out of 14000 for benefits?? Is that normal in the US? :OO

@scroogietw6878
@

This is not living but surviving... sad world

@jeremydrissi
@

Dream life. No shit in room. Just everything functional.

@lipinglin1994
@

You just had to interview a furry. Couldn't find a normal person?

@paulm918
@

Ah yes, the tissue right next to the bed and laptop. For when he needs to cry while fixing a code at 3 a.m

@no-lmao
@

I’m a bartender in Los Angeles with two kids, and I honestly don’t understand why this article is being framed as a hardship story.

I work seven days a week. Some days are only four-hour shifts, others are eight. One of the benefits of bartending is flexibility. If I need to go to the bank, stop by the post office, grab a Costco hot dog on a Tuesday afternoon, take my kids to a daytime movie, or spend the day at Disneyland with our annual passes, I can usually make that happen.

I also pay about $2,600 a month in rent for an older apartment with a shared laundry room and a non-heated pool. I even installed my own bidet with a hose and dish sprayer because it was cheaper.

The difference? I make around $65,000 a year on a good year—not $300,000. I have two kids to support, and I own my car outright.

On top of that, a six-figure tech job often comes with benefits that many service workers don’t have: employer-sponsored health insurance, paid vacation, paid sick leave, a 401(k) with matching contributions, stock compensation, bonuses, and other retirement benefits. As a bartender, I don’t have most of those. If I don’t work, I usually don’t get paid. My retirement depends almost entirely on what I can save myself.

So it’s hard for me to relate when someone making nearly five times my income, with no kids and a benefits package many workers would love to have, is portrayed as struggling because they can’t eat out or travel as much as they’d like.

The Bay Area is undeniably expensive, and everyone’s financial situation is different. But if someone earning $300,000 says they can’t make it work, maybe the discussion should include lifestyle expectations and spending choices—not just income.

There are millions of families raising children on a fraction of that salary, without corporate benefits, who still pay rent, budget carefully, and find ways to enjoy life. That’s the story that rarely gets told.

@robthenash
@

"As a software engineer I do a lot of stuff"

@ovelhogamermagrao
@

People might be surprised, or disappointed, to learn that this is not the average software engineer.

Most are regular balding, hardworking dudes, with a dad bod, a beautiful wife and kids.

May Jesus save this guy from this lifestyle.

@user-93fekod1o
@

Im a laid off software dev pls hire me back so I can live comfortably again lmao

@osknyo
@

For this kind of apartment in Poland you would pay max 1000$

@MIII96
@

I reckon this was literally the first time that he’s been on his balcony

10000%

@laqu_1932
@

So basically he is living minimally now so that he can retire and live minimally for the rest of his life.

@jong7513