my first job out of uni was in medium-size finance software consultancy @£35k, up to £37k in less than a year. Trying to live a family life on that wasn't fun (definitely possible, just not fun). Moved 80 miles south for a £34k salary, reduced hours & stress, no dry cleaner bills, much cheaper rent and 0 commuting costs (cycling). Don't miss London one bit :-) OTOH, I've not had a raise yet and can't see one coming any time soon.
p.s. all numbers are pre-bonus, but for junior devs they're near-negligible in both companies anyway.
p.p.s both jobs are enterprise java.