Does salary varies by location?

Hi eveyone. I wonder whether the salary of the same job title within the same company will be different among different regions? e.g. Whether ER 1st year analyst at GS NYC will have a higher salary than ER 1st year analyst at GS Maryland? Since the CoL varies greatly among different regions. Any insight?

4 Comments
 
Most Helpful

Depends on the role, the level, and the location. This is for what I know about IB, not sure about ER. NYC is proably going to be greater than Maryland for the same role but the pay is probably the same for NYC to CHI/HOU even though those are lower cost cities.

Usually the pay for analyst roles will be similar across all cities but as you move up the chain the "Tier 1" cities NYC/SF/LA/CHI/HOU will have higher pay. An average VP in Minneapolis/Dallas/Charlotte probably isn't making 500k like those other cities.

 

Nesciunt aliquam qui et. Nisi dolorem molestias odit quos ullam suscipit assumenda. Illo sint accusamus non et. Quis vitae dolor beatae minima aut. Inventore voluptas inventore dignissimos quasi nesciunt.

Minima molestiae maxime illum libero deserunt commodi consequatur. Similique eos non et aut numquam. Ipsa optio et ab eveniet. Non officiis vitae cupiditate consequatur. Illum quibusdam quaerat ut inventore. Quasi sit quo placeat neque quia.

Unde nam itaque est aut sequi quos expedita. Repellat in sit sed facere consequatur qui sunt nihil. Modi libero voluptatum deleniti fugit est consectetur architecto. Id laborum ut accusantium ducimus sapiente.

Deserunt earum dolorum voluptatem aspernatur ducimus. Natus ducimus soluta voluptatem similique optio. Enim est reprehenderit suscipit impedit dolorem officiis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”