Trending Content - Off Topic Forum
| +109 | Bathroom War Crimes | 25 | 7h |
| +77 | We all should've gotten in tech | 36 | 6h |
| +31 | Stealth-Listening Devices | 8 | 2d |
| +14 | LinkedIn Shitposts | 6 | 3h |
| +13 | Totally random question | 6 | 3d |
| +13 | JPMorgan Exec Canned After Stealing Knicks Trash Can on Camera - How Bad Is This for Exit Opps? | 6 | 1d |
| +12 | Companies with products that track terminal/analytics desktop usage | 1 | 6d |
| +11 | Pickleball Manhattan | 4 | 2d |
| +9 | Ordering Valium Online: Key Considerations | 0 | 5d |
| +7 | my advisor looks a little too good | 7 | 4d |
Career Resources
Based on the most helpful WSO content, here's a breakdown of rent spending trends for various positions in NYC:
Interns/Summer Analysts: Typically, rent ranges from $1,500 to $2,250 per month, often with roommates to keep costs manageable. Popular areas include Murray Hill, Gramercy, and Long Island City.
1st-Year Analysts: Rent tends to hover around $2,000 to $3,000 per month. Many opt for shared apartments or smaller studios to balance costs.
Associates (earning $275k-$325k): It's common for associates to spend $2,500 to $4,500 per month on rent. Some associates do stretch to $5,000 for a more spacious 2-bedroom or a luxury 1-bedroom in newer buildings with amenities. However, this is more of a personal choice based on lifestyle preferences.
Senior Associates and Above: Spending $5,000 or more is not unusual, especially for those seeking modern, spacious apartments in prime locations. Some even go up to $7,000 for high-end 2-bedroom units with premium amenities.
While $4,000 might not secure a "luxury" spot in 2025, it can still get a decent 1-bedroom or a shared 2-bedroom in a good area. For those willing to spend $5,000 or more, options improve significantly, including newer buildings with better amenities and more space.
Sources: How much do you spend on rent as an associate making 275-325?, Millionaire by 30, 1st year analysts: stupid to move into NYC right now?, SA 2021 NYC Housing Thread, Best neighborhoods to live WITH GF in NYC (and timing) - 1st year IB Analyst Midtown Summer 2019
Honestly, in NYC, you’re looking at around $5,000 or more for a decent one-bedroom in 2025. Rent is crazy right now, and $4,000 isn’t cutting it if you want something good. Some associates are definitely dropping $5K for a decent place. If you want to keep costs down, consider sharing a two-bedroom with someone. Just be ready to shell out more if you want a good spot. It’s tough out there!
$1,500 in Chicago
For what
1500 is a bit low from my experience, but it is insane to hear these NY rents. 2000 can get you a very solid place in chicago
The general rule is whatever you make annually gross divided by 40 before bonus is your monthly max rent.
You might wanna reread that
Thanks - phrased it differently lol
I'll stay in London after all
I pay $3000 for the tiniest studio you can imagine. It’s literally smaller than my kitchen back at home. But location is sweet (prime west village) and I don’t feel like moving. I’m planning to move only after I can afford $4-5K and find some better version of what I have. As an An3 I think $3-4K is reasonable. Associates could be swinging 4+ and would not be surprised if VPs are paying $5-6K for somewhere really nice. The sub-$3K options just suck now unfortunately. But I refuse to live outside of downtown Manhattan so that’s on me.
I’ve seen studios for as low as $3k in the tompkins park area of NYC but I haven’t lived there yet so can’t attest to if 3k gets you a rat infested shithole so…
Tompkins Square Park area is good. If there are rats, just get a cat or peanut butter traps.
Adipisci placeat et similique consequatur. Architecto veniam voluptatibus est omnis. Aliquid occaecati velit alias id corrupti nemo est debitis. Enim nobis molestias sint eum sit dolores. Quas delectus ut et iusto est voluptatibus. Est et est tempora cum.
Tempora est rerum et inventore rerum. Nobis eos officiis dolorum quo ut eligendi. Enim velit magnam et cum deleniti ipsam. Quibusdam cum sed voluptatibus voluptas debitis. Cupiditate iure culpa unde.
Natus provident et recusandae expedita voluptatem nesciunt rem. Qui iste quae quis. Magni nisi reiciendis consequatur exercitationem modi in voluptatem. Voluptatibus id repudiandae quas non sint sunt laboriosam. Ad qui autem atque iusto est quod. Numquam consectetur rerum id quo saepe libero libero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...