Young guy in NYC vs. Chicago

Hasn't been one of these in a while so I wanted to start one up. For guys 22-35 which city would you rather live in? When it comes to career opportunities, COL, dating, weather, nightlife, other shit to do etc.

4 Comments
 
Most Helpful
"Analyst 1 in Other" Hasn't been one of these in a while so I wanted to start one up. For guys 22-35 which city would you rather live in? When it comes to career opportunities, COL, dating, weather, nightlife, other shit to do etc.

Lived in NYC post grad for two years, have spent the last few years in Chicago, and now am moving back to NYC for a new job.

  • Career opportunities - New York. Simple as that. A lot more opportunity within (and outside of) finance in NY. Part of the reason why I'm moving back.

  • COL - Chicago. Salaries are more or less the same in Chicago but COL is significantly better here. You definitely get a lot more sq footage in Chicago versus NYC. For reference, I lived in a 2 Bdr in NYC and total rent was $4K a month (600 sq feet). In Chicago, I have two roommates and total rent is $5500 for a 3 bedroom apartment (2k sq feet). Chicago is the clear winner here.

  • Dating - Push. Depends what you're looking for. Chicago definitely has a better dating scene if you're looking for a relationship. Girls here are much more willing to settle down and looking for something serious. If you want to date around and date girls that are looking for something less serious, NYC is a better choice.

  • Weather - New York. Chicago weather sucks. We have like four weeks of summer, the rest of the year it's either rainy, cloudy or cold. New York winters are much more mild and summers are much more consistent. Only negative to NYC is it gets humid as shit in the summer.

  • Nightlife - New York. Much more diversity to the nightlife in NYC, at least I've found. People only really go out in River North or Old Town in Chicago, maybe Lincoln Park too, and the quality options are much more limited. NYC, on the other hand, has a lot more options for bars and clubs, and IMO has much more variety.

  • Other Shit to Do Etc. - Push. At first, you'd think this would be NYC given that the city is massive and there are so many places to go and see (museums, etc.), but I am biased being from the Midwest originally. I can easily get out of Chicago and drive to a lakehouse, or go golfing, skiing, or other shit when I get bored of the city. Generally, it's easier to get out of Chicago versus NYC on the weekends, if you want to do that. Just depends on what you want.

Net net, you can't really go wrong. I've really enjoyed living in both places.

"My name's Ralph Cox, and I'm from where ever's not gonna get me hit"
 

Voluptatem assumenda numquam veniam deserunt amet culpa incidunt. Quis aut provident dolor temporibus sequi assumenda hic. Tempore officiis ipsum voluptas quis.

Sed laboriosam aut quia id excepturi. Et earum sit laborum aut est et ut. Quo eligendi officia eligendi rerum et molestiae sed. Sint recusandae labore ducimus odio omnis sapiente impedit.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”