Why do iBanking jobs get paid so much at analyst levels?

[JPNguyen]

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i think its important to note that 150k in NYC is not all that good. 150k in NYC is about the same as 80k in chicago… so… they better be paying you that much for your soul.</p>

<p>Cost of Living - Cost of Living Calculator from CNNMoney

</p>

<p>Then that means 100k in manhattan is like living in poverty</p>