Comparing salaries for tech workers in the EU vs H1B in the US does not make a lot of sense.
Cost of living, taxation, rents, electricity/gas bills and welfare are completely different.
Cost of living, taxation, rents, electricity/gas bills and welfare are completely different.
Rent in Silicon Valley and NYC are definitely a lot higher than anywhere in Europe but those are not the only places with tech jobs.
If you mean healthcare then employed residents (what H1B is) are
Salaries in SF and NYC for tech workers are way higher in those areas indeed. I would argue that that is probably the main reason why rents are so high, there's plenty of tech workers with stellar salaries willing to pay for a house.