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Boston is great, lived there for 5 years.  Less career opportunity than NYC but with the difussion of capital that is happening now I think this is less of a concern for early career.  

Getting a start in PE will create some benefits but also lead to some career downsides.  Unless you are 100% sure that is where you want to end up banking usually opens more doors.  With that said, the additional opportunities are not an oceans difference and you wil still have plenty of opportunities.  What I would look at more than the region in terms of what it is like for QOL, is what does the broader sub industry look like that you are going into.  For example are you going to a PE shop that does LMM manufacturing rollups?  Boston isn't really a great locale for that, their primary industries are education, biotech, and technology.  But if the firm does biotech stuff it is a great locale to be in.  

As far as your QOL, Boston is great for that.  As others have said the city shuts down a bit earlier than NYC but in the post covid world that doesn't make as much of a difference as people would have you believe.  Half of  the shit in NYC closes really early now too.

 

Boston is great.  Has all the amenities you'd want from a larger city but with a smaller town feel.  Easy to get to outdoor places from Boston than NYC if you're into hiking, etc.  Great breweries all around the area.  Awesome to run along the river in spring / summer / fall.  Food options aren't as varied as in a place like LA or NY but there's still enough to manage.  Cost of living is still relatively pretty high, you get less of a savings for being in a non-LA / NYC area than you expect.  Good amount of young people in the city.

 

Worked there for a bit over a year - overall great area to reside. Gets cold in the winter but people there are typically more friendly and laid back compared to nyc, and plenty of bars and nightlife although not as many as other cities.

Area I lived in felt like a smaller and more calm version of a nyc neighborhood

 

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