I don't quite understand the factors involved in making salaries in SV so high compared to other locations, and I'm not having much success just googling.
Could someone please briefly explain them to me or point me towards some useful resources so I can alleviate some of my ignorance in this area?
Edit: I'm aware of the higher cost of living, but I'm thinking that's probably not the only significant factor.
Demand is astronomical, plus many funded startups have an inflated idea of how much and how quickly they will be able to make money, thus they overpay relative to the real value a programmer could bring.
Could someone please briefly explain them to me or point me towards some useful resources so I can alleviate some of my ignorance in this area?
Edit: I'm aware of the higher cost of living, but I'm thinking that's probably not the only significant factor.