Another point: living in the bay is pretty expensive and is becoming more so. I don’t see any solutions to this on the horizon. Having a bunch of people all live & work here seems pretty efficient, at least until internet communication becomes a decent amount better.
Rent + taxes + health expenses (gym memberships, healthy food), etc, can add up pretty quickly.
I think living in an EA city is one of the strongest cases for spending more money in terms of increasing impact per $ spent. I think it’s the more marginal stuff I am generally careful about (e.g. eating at restaurants).