People in tech, especially from US, are so accustomed to spending $5,000/mo just to survive, that they cannot fathom one is able to live without having a tech job in San Francisco. It's a pretty sad state of affairs.

I live in a first-world European country where the average salary is about €25,000 per year. My mortgage estimate is less than €300/mo. I'm not that afraid of having to supplement my income if I need to. The world will still need cheap and experienced software engineers for a while.