Banking opportunities based on city

Hello, I happen to know a few people that recently got analyst jobs at popular BB & EB banks which is quite the impressive achievement to say the least. The only thing is that they are scattered over the country. One of them ended up in San Francisco, one in Boston, and another in Chicago. Although these are great cities, is the opportunity you have working there different than one you would get in NY on Wall Street? Or is the same amount of compensation and opportunity still achievable outside of Wall Street and in some of these different cities? Just wondering.