Silicon Valley has long been the paradise where ideas are born and funded. A website called AngelList matches investors with start-ups—more than 17,000 young companies and over 25,000 investors in the world's tech capital. The average value for an emerging start-up in Silicon Valley is $4.8 million, with the average salary of $101,000.
Well, $101,000 in Silicon Valley won't be enough to qualify for a mortgage if you plan to live there. Median home prices top $850,000.
Good news! You don't have to live there! Or work there! Or dream about making it rich there!