Ive noticed a trend with employers in high cost of living areas advertising jobs for salaries that are well below the adjusted wage. I usually take this this as a sign that they either have high turnover, i.e. drive people away, or poor sell through, i.e. poor sales and/or mediocre product. Recently I had a job offer in Los Angeles for $65,000, which while a good salary in St. Louis where I live, is a manual labor salary in LA due to its high cost of living. Are employers completely unaware that they operate the most mobile business there is (software development) in the worst possible business environment, or are they intentionally trying to low-ball people. Some of these jobs have fairly industry specific requirements as well, indicating they are looking for experienced engineers, not entry level people.
