Wow, my intuition was rather off on what $95,550 in compensation means for someone living in the Bay Area. Here's some actual calculations for others who are similarly curious. (There are apparently quite a few of us, judging from the votes on my comment.)

Assuming salary is 75% of compensation, that comes to $71662. $4557 in CA state tax. $11,666 federal income tax. $5,482 FICA tax. So $49957 after tax income.

For comparison, my wife and I (both very frugal) live in Seattle and spend about $35000 (excluding taxes and savings) per year. Redwood City's rent is apparently double the rent in Seattle, which perfectly accounts for the additional $15000.

Eliezer, you might want to consider getting married, in which case you can file your taxes jointly, and save about 6 thousand dollars per year (assuming your girlfriend has negligible income).