Austin has the best relative salary to cost of living for software developers, a recent analysis found. Austin Business Journal reports that Tyler Geonetta, a Las Vegas-based software engineer, analyzed IT salaries, cost of living and tax information to arrive at his conclusion.
Geonetta's analysis looked at 8 tech cities: Austin, San Jose, New York City, Seattle, Chicago, Portland, Denver, Raleigh, and Las Vegas.
Austin software developers only make an average of $85,000 per year, vs. San Jose's $120,000 annually and after taxes, Austin software developers take home $62,617. However, essentials like rent, food, gas, etc. add up to $31,228 annually, leaving the average software developer with $31,388 for discretionary spending, the highest in the 8 cities.