I work in New York at a tech company with more than 200 employees that's a household name among below 50s and considered a hot brand and I only get paid 150.
Last I checked, $150k/year was enough to afford a decent house in a place like Penfield. It's a completely different world. I'm talking about NYC metro. Interestingly it seems like just about all of New England is more expensive than comparable areas in Western NY.
Basically all places in the US with anything resembling urban density and don’t have a reputation for decline have been on this housing cost trajectory for several years now.
Most people seem to, which is a thorn in the side of anyone who has lived outside of NYC in the big beautiful state of NY. It's annoying having to regularly clarify "the state, not the city".
California outside of LA/SD/SF is dramatically different (with the exception of some coastal areas). Even then housing and rental competition can be pretty bad. My brother in law has done 4 hour round trip commutes to the Bay Area for contracting work while managing to find an area with affordable housing.
Yup — they’re out that way and it’s still pricey. It’s unreal — the last time I heard the subject of renting here come up there were only 3-4 houses available in the whole town.