Quote:
Originally Posted by summersb
I am considering a good job opportunity in Stanford. However, I don't know much about the area. I am a single female in her 30's with no kids and also have a good job opportunity in DC (pays $85K a year).
I would really appreciate some advice regarding cost of living and what salary range I should ask to be comparable to the one in DC.
|
I would say the latter depends on what you want, if the job in DC is in a similar suburb, like Tyson's Corner, then it really depends, do you want to buy or rent something, if so, what, a townhouse, a condo, or a SFH. Most single people rent apartments, or live in condos, so I'll go with that.
If you want to rent an apartment to have similar standard of living I would say the Palo Alto job opportunity should pay about $98k.
To buy a condo to have a similar standard of living I would say the Palo Alto job opportunity should pay about $115k - $120k.
Housing is expensive in the Peninsula, so for the most part you would have to accept a lower standard of living in that regard if you move to the Peninsula. There are somethings that are nicer here than there, like lower traffic, and better weather. But except for utilities, you should expect to pay more here, and yeah, condos are a lot more expensive here than in the DC suburbs, if you're comparing apples to apples.
I would say if you don't want to spend too much money Mountain View has some fairly affordable areas, not too far from Palo Alto. Some parts of Sunnyvale are affordable too. But I prefer places like Mountain View, Palo Alto, San Carlos, and San Mateo, mostly since they have actual downtowns, even though I live in Belmont, I'm about 7-10 minutes from downtown San Carlos. In terms of price I think Redwood City would probably be most affordable.
Location wise going from south to north it goes like this
Sunnyvale, Mountain View, Palo Alto (on the west) East Palo Alto (on the east), Menlo Park, Atherton, Redwood City, San Carlos, Belmont (on the west) Redwood Shores (on the east), San Mateo and Foster City (on the east). Avoid East Palo Alto, it is not part of Palo Alto, and it probably has more crime than what you're looking for, also Menlo Park east of 101.