Walking to Work - How Far is too Far?

Hey guys,

I'll be working full-time at an IB in July, and currently looking at places to rent.

Is a 20-22 minute walk to work "too far"? Only reason I'm considering this is because of the suite and building itself appear to be very nice, a price range a little lower than some smaller suites near my bank's office. I was initially targeting a 10-15 minute, but maybe I'm being too particular with my preferences.

Do you think this distance will be an issue? Particularly, I'll be in Toronto, so is walking this distance in the summer/winter (in very hot/very cold weather conditions) an issue to you guys?

What is a Reasonable Walking Distance to Work in NYC?

While much of this is up to your preference - our users share their thoughts below. Most users preference 15 - 20 minutes and emphasize that the winter isn't as much of an issue as the summer. If your walk is too far - you might end up sweaty by the time you get to work.

DaCarez:
It's really up to you - I did a 20ish minute walk to work to an internship in NYC, was perfectly fine, although some days if I you're running late in the morning you'll definitely be inclined to cab/train it.

UncleKevin - Investment Banking Analyst:
20+ minutes is def is the limit. I assume the walk is a little over a mile and 1/4. I live 1 mile and it takes me 15 min. Now that the weather is nice it's a great walk. Winter sucked but if you have hat/gloves/scarf its really no problem.

User @singularity" explained that while cold whether any distance is fine:

singularity:
Warm weather, screw anything more than 15min or so unless you want to look like you were just swimming with the fishes.

DontMakeMeShortYou - Hedge Fund Vice President:
Have to agree--even 15 minutes is sometimes a bit much with warm/hot weather, especially if you're wearing a suit. I'm a 20 minute walk away from work and in warm weather, I have to slow down my pace to prevent/limit the sweating. 20 minutes definitely isn't too far.

Preparing for a Wall Street Internship?

Want the best preparation guide for a Finance Internship in the world? Following this finance internship guide will make getting through the your internship as painless as possible, so that you can have the exciting, rewarding experience you deserve.

Finance Internship Guide

 

It's really up to you - I did a 20ish minute walk to work to an internship in NYC, was perfectly fine, although some days if I you're running late in the morning you'll definitely be inclined to cab/train it. Of course at night, you can always get the car/cab depending on your shop's policy.

The big thing is whether you're personally OK with walking that long, weather aside.

 

If your from New England you can tough it out. 20+ minutes is def is the limit. I assume the walk is a little over a mile and 1/4. I live 1 mile and it takes me 15 min. Now that the weather is nice it's a great walk. Winter sucked but if you have hat/gloves/scarf its really no problem.

I really want to bike to work but there is just no way for it to work out. Biking with work clothes is way too dorky. Could change at the gym but that would require pressed clothes there, which doesn't really work.

Also, how do people feel about the sneaker commute? It looks really comfy, but I think it should be reserved for women. Its way to 40 year old virgin esque for me.

 

Cold weather, anything.

Warm weather, screw anything more than 15min or so unless you want to look like you were just swimming with the fishes.

 
singularity:
Cold weather, anything.

Warm weather, screw anything more than 15min or so unless you want to look like you were just swimming with the fishes.

Have to agree--even 15 minutes is sometimes a bit much (and I'm not one of those guys that sweats profusely) with warm/hot weather, especially if you're wearing a suit. I'm a 20 minute walk away from work and have to say that, in warm weather, I have to slow down my pace to prevent/limit the sweating. You will definitely get lazy at times and just cab/train it, but it's a great way to wake yourself up in the morning and gives you at least SOME physical activity throughout the day. If I get out of work early enough and feel relatively rested, I'll often walk home as well. 20 minutes definitely isn't too far.

 

I would just say take the walk a couple times and then gauge it. Nothing is worse than sweating in a suit and coming into a place. Same thing with being covered in snow and salt.

 

Thanks for the replies so far.

The place I'm looking at should be a (1.1 miles) 1.8km-1.9km walk to work. I'm basing my walking estimates purely on Google maps.

For the bad weather situation, the place is almost 3 blocks from an entrance of an underground walkway ("PATH" for those in Toronto that are familiar).

The time issue is not huge, especially if the 20 minutes is an accurate estimate and the distance to the underground walkway distance doesn't raise any issues (eg. snowstorms, etc.).

Do you guys, as analysts, feel that 20 minutes is too long? Could the 10 minutes or so of extra sleep really be worth it? Or are there other benefits I'm missing out on?

Thanks.

 
Best Response

I walked this summer (~20 minutes each way), and here are my two cents:

It's nice not having to take the crowded subways in the morning. It's hot, smelly, and downright disgusting during the morning commute. It's also nice to start the day with some fresh air and sunshine. Plus, you save on having to buy a monthly metro, which is something like $150 a month?

The downsides... I had to walk uphill to work and during the summer, it gets hot. I really dislike sweating in my work attire, and changing into work attire at work is a hassle. Sometimes, you wake up late and the last thing you want to do is have to walk 15-20 minutes, so you end up cabbing it. That could add up to be pretty costly. Not only that, but cabs aren't exactly easy to snag in the morning around midtown.

This was during my internship, so I can't speak to what walking would be like over the winter, but I say try to live as close as possible to both your workplace and a convenient subway line. That way you have options in the morning.

 

Dont't know about Toronto, but I certainly would not prefer to walk in New York traffic for 20 min each way. Are the metro stations in Toronto spread further apart?

 

Aliquid quos porro ea cum soluta natus sunt. Sequi tenetur est quos aliquid natus. Voluptatem adipisci odit et nemo quas tenetur et quia. Aut voluptas iste repudiandae. Sint voluptatem qui et aperiam ut.

Nemo ut deleniti dignissimos. Nam sit alias delectus autem architecto. Beatae maiores fugiat nulla quod. Quod exercitationem nobis iure ipsam qui id. Sequi debitis veritatis rerum ipsa soluta quis.

Qui voluptatum rerum quis eligendi tempore id sint. Non quae ea rerum eaque. Et vero laudantium fuga porro. Eveniet consectetur veniam soluta eum voluptatem.

Odit voluptatibus est sit temporibus ea. At sunt dolores magnam consequatur.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”