What is the best city in the world for a software engineer? San Francisco? New York?
From a salary standpoint, Silicon Valley is the clear winner, boasting an average income of $110,554 per year, according to data from Glassdoor. But even with six-figure salaries, many developers are finding it difficult to afford the sky-high rent in the Bay Area.
But if not the Valley, then where should developers go? It is not enough to onlyconsider nominal income — high living costs can eat away at your earning power.
For a more complete analysis, we compared the real earnings of software engineers in 43 cities across the globe to find where they would have the most purchasing power. Real earnings were calculated as follows…