Does salary differ from east/west coast? I was told it doesn't and its BS if us NYC ppl paying the same as PHX Phoenix. Any facts?

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The people who work in the big cities like NYC and San Fran are def underpaid when considering cost of living. I could buy a house within 2 years of working if I worked in one of my firms Midwest towns because they pay such small rents for apartments and the houses are so cheap. We do get paid a bit more, but it's really just a drop of water when looking at the big picture.

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I believe there's a "locality" adjustment based on your location, however, I don't think it's proportional to cost of living.

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Phoenix is not the west coast

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It varies by city and geography. I don't think there's enough of a gap to account for actual cost of living though. But that's just my opinion.

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I was told by a recruiter it depends on market share.

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I moved from Northeast to Southwest. They let me keep my higher salary when I transferred (right after senior promotion) but raises have been lower to "even it out."

Chicago and NYC salaries were the same for my start class at my school.

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