Has anyone left behind the big city corporate career to have a quieter life in a smaller town?

Just wondering whether anyone has gone down the path of leaving behind their big city New York/London/etc and moving to have a quieter job and lifestyle (perhaps still in finance/the corporate world) but in a smaller place? If yes, how has that worked out for you?

 

Hey williamthesnake, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:

More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

I work in STEM and due to the amount of foreign nationals, defense companies usually located away from major metro areas will fight for any US citizen with anything higher than a bachelors degree.  
 

Owning a big house and having a shit ton of kids is obviously easier in an LCOL area but the sad truth is many of those areas are kinda depressing nowadays.  Also, everyone knows that my partner is from a country that we don’t have the best relations with…. So if my clearance is revoked… I’m in trouble 

Thankfully I’m still in school so I’ll have some time to make up my mind!

 

I live in a LCOL city and miss NYC. I’m here because of family and would rather be in NYC.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

I think the stages generally tend to be:

  • early 20s, nyc is awesome if you’re extroverted and not too poor. I had the time of my life partying here. 
  • Late 20s, I’m not partying the same anymore and I don’t feel like I can afford anything I want as a real adult now (seriously there are no good modern two bedrooms for less than ~$2mm and the modern apts are 7k/month+). If I don’t really start to “make it” I’m going to leave
  •  Early to mid thirties, my comp has ramped dramatically and now I can buy that $2mm place and see a time in the not so distant future I can buy a Hamptons house, I can take advantage of Michelin starred restaurants whenever I want and take European and Caribbean vacations twice a year no problem

It’s pretty natural to go through stages 1 and 2, but Lots of people don’t graduate from 2 to 3, which is the tough part. But NYC undoubtedly has better opportunities than anywhere else to do so. However, I totally understand people for leaving if their careers stagnate out at $200k-$400k mid level jobs. That’s still a lot of money, but just not really the amount of money in NYC that allows for a lifestyle most of us dream of. And the things you loved about the city when you were 25 aren’t the things you want to be enjoying at 35, so it loses some of its appeal (though the issue with food being shit in most other non large cities is a real one, and I say that as someone who grew up in a poor rural part of the country and has spent many years in flyover states). 
 

My advice, if you can see the path to 3, then stick it out long enough to figure out if you’re going to make it. Then make the decision. But moving prematurely as a younger professional closes off a lot of doors that may otherwise open here. 

 

Chicago -> midsized Southern town -> big Southern city -> NYC

I left Chicago saying I really needed to get out of the city, do some hiking, but now I realize that I was just feeling restless and didn’t actually want to be somewhere quiet and slow. Thought maybe one of the high growth, low cost of living cities would be a good middle ground, and it was comfortable, but honestly I missed the energy and opportunity of a major city.
 

That time, I didn’t feel strongly enough to leave without good reason, but when a higher paying job with better trajectory came along in New York I decided to roll the dice again. I might just have a case of grass is always greener syndrome, but honestly I finally feel like I love where I live and don’t see myself leaving again (I never felt that way about the other moves). 

 

Recusandae dolores optio quos. Voluptatem dignissimos amet expedita mollitia. Tenetur aliquid sunt doloremque possimus dolor voluptas. Occaecati voluptate tenetur esse iure molestiae. Sequi dicta expedita aliquam. Voluptatum rerum eum qui perferendis suscipit. Et laborum eligendi harum mollitia nihil eos incidunt.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
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...”