$5K a week? That's about a quarter of a million a year ... is that a typical US salary?
Median household income in 2020 in the US was about $62k. Average was almost $88k.
Sometimes reading HN gives me the feeling that there is no "tech" other than FAANG in the US. Or somehow every little "tech" company is just making FU money, which sounds hard to believe.
For reference, in my G7 country $5k are 3 to 4 months wage.
This is a case of "get deep knowledge about something which can not be replicated by googling your way out". Become a recognized expert in compilers, OS internals, or similar areas and suddenly you get $250-300k anywhere in US/Canada. Europe tech salaries are much lower.