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I have an anecdata. I work for a fortune 500 financial company. I am personally acquainted with someone who transitioned from our offshore (India) team to the US. His salary went up 3x doing the same job with the same title, and all he changed was geography.


He also changed his cost of living.


Salaries aren't based on cost of living, but on cost of labor. Those are related, but not tightly.




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