[workthrowaway27]

This is the most perceptive comment in the thread. Based on moving from NYC to a much smaller metro area without any major tech companies I think you're right. Compensation here is roughly half of NYC compensation. The big tech firms are driving the high salaries.

I'm sure you'd see the same pattern if you looked at finance grads. The top ones who went to work for investment banks, hedge funds, etc. are pulling down large salaries, the rest are making much less working for small to medium size companies.