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Data Analysis Report

North American Tech & Finance Salary Analysis

A data-driven framework for evaluating real earning power across 10 major cities

Data Points 2,426 Job Postings
Cities Analyzed 10 Major Markets
Date January 2026
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Executive Summary

This analysis evaluates 2,426 Tech and Finance job postings across 10 major North American cities to assess how salary, taxes, cost of living, and healthcare impact real earning power.

While San Francisco offers the highest raw median salary ($155,500), it does not provide the strongest economic outcome once living costs are considered. Austin delivers the best purchasing power due to lower living costs and zero state income tax, while Seattle leads in take-home pay by combining high tech salaries with no state income tax.

Cross-border analysis shows that Canadian cities offer competitive purchasing power, supported by universal healthcare and lower living costs, despite raw salaries averaging ~13% lower than U.S. equivalents.

Key Metrics at a Glance

Highest Raw Salary
$155K
San Francisco median
Best Purchasing Power
Austin
0% state tax + low COL
Tech Premium
22.1%
Over Finance roles

Why This Analysis Matters

Professionals increasingly face trade-offs between headline salary, living costs, tax burden, and quality of life. A high salary does not automatically translate to higher financial well-being.

This report provides a data-driven framework for evaluating where Tech and Finance professionals can maximize:

Scope & Coverage

Cities Analyzed

United States (7): New York, San Francisco, Seattle, Chicago, Austin, Denver, Miami

Canada (3): Toronto, Vancouver, Montreal

Roles Included

Tech and Finance positions across entry, mid, senior, lead, and executive levels.

Methodology

Job posting data was collected via the JSearch API (RapidAPI), aggregating listings from major job boards including LinkedIn, Indeed, and Glassdoor. Over 12,000 postings were collected, with 2,426 roles containing reliable salary data suitable for analysis.

Key Processing Steps

Economic Metrics Defined

Take-Home Salary

Gross salary minus federal and state/provincial taxes, payroll contributions, and estimated healthcare costs.

Cost-Adjusted Salary

Salary normalized against cost-of-living indices to reflect real purchasing capacity.

Purchasing Power Index

A composite measure combining take-home income and cost of living to represent true economic value.

Key Findings

Salary vs Reality

Cost of Living Changes Everything

When salaries are adjusted for cost of living:

This highlights why raw salary alone is a misleading decision metric.

Taxes and Take-Home Pay

Tech vs Finance

Tech roles command a 22.1% salary premium over Finance across cities. The premium persists across experience levels, narrowing slightly at executive tiers.

Career Progression

Level Median Salary Growth
Entry $95,000
Mid $112,500 +18%
Senior $128,600 +14%
Lead $151,800 +18%
Executive $178,000 +17%

Remote Work Premium

Remote roles show a 10.2% salary premium, suggesting employers pay competitively to access broader talent pools.

US vs Canada

Recommendations

Maximize Salary
San Francisco or New York
Highest concentration of top-paying employers
Maximize Purchasing Power
Austin (US) or Toronto (CA)
Best salary-to-cost ratio
Maximize Take-Home Pay
Seattle
High wages + zero state income tax
Balance Income & Quality of Life
Toronto
Strong purchasing power + free healthcare

Technical Implementation

The analysis was implemented using Python and Pandas for data collection and transformation, following an ETL pipeline design. Data was modeled using a star schema optimized for Power BI, enabling fast slicing by city, sector, experience, and role type.

The final output is delivered through an interactive Power BI dashboard, allowing users to dynamically explore salary trade-offs across regions and scenarios.

Limitations

Data Sources