To some degree, yes. Every piercing does in one way or another, it just depends on how your body takes pain as well as how the piercer does it. No one will be able to tell you what it's going to be like though. Everyone's different. It's your experience and you'll feel whatever you'll feel. I can tell you one thing for sure: don't listen to the people who say they "didn't feel a thing". Obviously they're lying or they used something to numb the area which I don't recommend.
I Would Be A Liar If I Said No Or Yes Because Honestly It Depends On The Person And How Well They Can Take Pain . Some People Have A High Tolerance For Pain And Others Don't . With That Being Said Your Best Bet Is To Go Get It Done And Experience It. You'll Never Know Until You Give It A Try