Live in a UHaul 15k vs Rent 45k NYC

I am a first year incoming analyst looking to move to Manhattan later this year as I start my first year at BB. I’m from the Midwest and have never been to New York City but I was thinking of some alternative ways to live as rent is very expensive at the moment.
In college I worked for a moving company that would store items for students over the summer. Throughout that job I managed to get a UHaul for cheap from the company and started using it for my own side gigs. Now that I have to move to NYC I think if I retrofit it a bit I could turn it into a RV type of situation.
Do you think it’s worth it to live in a UHaul? I don’t have a girlfriend or any friends in NYC really and plan to move to Europe in two years anyway. It would be a sacrifice but I think I could do it especially with a cheap gym membership. Do you think there is any cheap long term parking in Manhattan? I plan on parking nearby or outside the office to make my commute easy.

I plan on backing my UHaul directly into 200 West Street

 

Depends on your financial circumstances - you’ll get a lot of BS answers later, likely. But to cut to the chase, if you have enough disposable income or are willing to have a small loan, I would advise against this option. If you don’t, this option can work for you but you have to be very careful about where you park. And don’t talk to strangers (obv but NYC is another breed). Also, NYC has some nice parts (if you’ve already made it) but for most it looks like a smelly dump. Wherever you’re from in the mid-west is likely way cleaner no matter the population (2M+ etc.).

 

Voluptatem delectus quis dolores nesciunt eius. Rem omnis quis exercitationem velit. Est autem dolorum odio. Laborum sit aperiam at laborum. Sunt excepturi odio saepe maiores sit. Voluptas sed illo quidem placeat.

Totam nam ipsam ad officiis non sunt perferendis. Qui voluptatem officia minus accusamus voluptatum laborum.

Sint sapiente doloribus et praesentium sed omnis eos aperiam. Consequatur ullam consequuntur iure omnis consequuntur ipsa nihil. Ducimus et quo ad hic veniam. Veritatis quia facere quas soluta. Qui deserunt porro illum quidem provident blanditiis distinctio. Libero et voluptas cupiditate placeat aliquam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
numi's picture
numi
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...”