For those of you who moved to NYC after already establishing a professional career elsewhere, how did you end up liking it?
I’ve always wanted to live in NYC, but the more I think about it, the more I flip flop. It sounds like to live in a nice 1br apartment with in-unit washer and dryer anywhere in lower Manhattan, you’re paying upwards of $6k per month. Yeah, that’s affordable with a “finance” job like banking, but that’s still a ton of money. Been thinking of doing an MBA then working in banking with my $300k of loans because why not? I currently make 6 figures with no debt and can’t complain, but I’m tired of my city. I’d be 28/29 starting out as a post-MBA associate.
I think it can be hard / require some serious re-adjustment unless you're okay with just eating the higher COL. I did my banking stint in a T2 city before moving to NYC and there are still days where I think about how much of a rip-off NYC is. A lot of the appeal of NYC (nightlife, nice restaurants, etc.) can wear off once you get older and priorities change. That being said, several friends have moved here in their late 20s / early 30s, and none of have regretted the decision, even if some are now contemplating leaving given the rent spikes.
One of my biggest regrets is not living in nyc when I was 22-26.
Living in NYC at that age is just unbeatable. It’s basically a continuation of college, but in a good way: live with a bunch of your buddies in a dumpy apartment, live walking distance to all your favorite bars, insane number of hot single girls who are actually smart, everyone is down to meet new people and have fun (not like Atlanta where everyone is local / already has friends from HS or college and half your buddies are engaged by 24). It’s freshman year at UVA all over again but now you’ve got money, the best food/nightlife in the world at your fingertips and true freedom to do whatever you want.
Once you hit your late 20s, that scene dies down though. People start moving in with their GFs, doing more “couple” things on the weekend. No more ragers til 4am. Still an amazing city, but things cool off for sure.
I live in a different big city, but interned in nyc and have lots of friends there. Went to a mediocre city for a bit for a great job and I regret it hard. Should’ve gone with the mediocre job in NYC. I’ll never get those years back.
Anyways, journal entry over. I think you can still enjoy it. There’s truly no place like NYC. But it hits different when you’re young, poor and in the trenches with other analysts. When I’m 29, I just want to live comfortably. I don’t want to still be “grinding” when I’m 30. Idk, that’s just me.
Another thing - moving to NYC will show you exactly how poor you truly are. You go on about your “six figure comp” and “zero debt”. Whatever, you are poor as fuck by NYC standards. 24-25 year old semi target bros pulling $300k+ are dime a dozen and they’re poor too. You will feel like a pauper with your MBA loans and deferred stock bonus from Citigroup. $300k in NYC is like $110k in Atlanta.
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Can confirm most of this. But myself and many of my friends had a blast without needing to make $300k a year. Heck, my first year in NYC I didn’t even make $100k and I still felt like I was ballin on a budget.
Was a little apprehensive at first, made the leap and haven’t looked back. I had a decent setup in a lower COL city but have massively accelerated my career. COL and taxes are a little painful, but not nearly as much as people make it out to be. Not to mention I fell in love with living here and find it tough to imagine moving back to the sun belt
I'm curious others thoughts on this as well. I want to live in NYC at least 1 point in my life but the patience/desire to do it wains as I get closer to 30. Do people move to NYC in their mid-30s? Do they stay or gtfo after a year?
NYC is a city for all ages.
Maybe just do your MBA in NYC and live there after. It’s a great city - I loved every minute I was there.
You’ll have to sell the 540i before you move - lol. No need for a car in NYC.
Yup lol
This is true for most lol I bought a 530i living in NYC (Brooklyn) but my building has a garage for a relatively cheap rate.
topical thread my chicken and rice eating brother, been considering the same move myself
Crushed some chicken and rice today brother. Went out with the fam for Mexican a few days ago and couldn’t decide. Turns out I missed the specials page and BOOM they had “arroz con pollo”. They brought some special hot sauce they had and I have to say for $12.99, that’s some of the best food I’ve had in a while. Huge ass plate full of rice, chicken, beans, and queso covered in that special sauce.
hell yeah. We had a traditional Polish Christmas Eve: barszcz, herring, pierogi, some cod (usually it's carp though which is more traditional), bigos also. We made roast duck yesterday, also traditional and great too.
Can one lower costs by living in Jersey and commuting in? Never lived in NYC myself so it’s a neophyte question
If you’re not dead-set on living in Manhattan proper, Hoboken or Jersey City are great options right across the river… just have to take the PATH train into the city, adds like 20 minutes to the commute each way. I pay about $1k/month less than most of my Manhattan buddies who have similar apartments. Saving the $$ is worth it to me, especially because I’m from NJ, but to each his own.
Is the PATH 24/7?
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