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Useful Stats: IT Worker Metro Affordability Index
Three Texas cities, Dallas, Houston and Austin, top the second annual Affordibility Index prepared by techies.com, a technology workforce placement company. The study tracks which cities offer the best combination of top salary and low cost of living for information technology professionals.
Salt Lake City, Atlanta, the DC/Baltimore corridor, Seattle and Phoenix round out the top eight metro areas.
The Affordability Index compares average tech salaries in 38 major U.S. job markets and regions against ACCRA's Cost of Living Index <http://www.coli.org/>, giving recruiters and tech professionals an idea of the relative value of salaries in different job markets.
The Index assigns a score of 100 to Detroit, having average pay levels and cost of living. Cities that score less than 100 are less affordable than Detroit for technology professionals, while tech salaries stretch farther in job markets that score higher than 100.
New York/New Jersey, the Silicon Valley and Los Angeles — where high salaries do not offset an even higher cost of living — rank last. The San Francisco Bay Area/Silicon Valley posted the highest average salary at $83,500; the lowest average salary of $58,400 was found in the mountain region.
A full report of markets and Index rankings is available at http://inside.techies.com/Research, along with charts and summaries for other techies.com workforce surveys and studies.