Been thinking about this a while after hearing what my friends from college at other public firms/locations make. I know the cost of living plays a big role in salary but would that explain why I am making $8 to $10 thousand less while in the same starting position, especially when I live in a higher cost of the living area than some of them?

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Posting as :
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Couple thoughts:
1. People (especially young people) sometimes like to round up their salaries. When you’re at an entry level salary, it can make it sound very inflated.
2. Their firm may be one that starts with higher entry salaries, but has poor raises and bonuses. Mine was one of these and now my peers make more money even though they started lower.
3. Which city are you in that you’re comparing to? I always assumed I was in a T2 city but later realized that my friends in random obscure locations actually had way higher cost of living, and I was actually in a T3 city

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