Live in Manhattan or commute?

Incoming first-year IB analyst here wondering about where to live- do analysts typically live in the city closer to the office or do they commute from another borough?

Any insight as to which one makes the most sense?

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Comments (11)

  • Associate 2 in Consulting
Sep 14, 2021 - 1:18pm

firm probably pays for your ubers - just get a way nicer place in jersey for the same price and have like a 40 minute commute into the city

Sep 14, 2021 - 1:23pm

if your office is in midtown, I'd shoot for a place in Long island city (1-2 train stops into the city), might be cheaper.

If your office is in Fidi, maybe try downtown brooklyn (still pretty close to the city)

Array

  • 1
Sep 14, 2021 - 1:28pm

I don't know why people promote commuting.  It baffles my mind.  What is most important in your early career is performance.  Sleep drives better performance.  Get a place as close to the office as possible and get as much sleep as possible.  You are in a jungle of very high performers.  A 1% difference can make an exponentially large impact on your life.

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Most Helpful
  • Analyst 1 in IB - Gen
Sep 14, 2021 - 2:18pm

You don't want to have a 45 commute, this is too painful and you're losing 1.30h sleep time which is massive. Live in the city, preferably within 20-30mn max of your office. 

  • Associate 2 in Consulting
Sep 14, 2021 - 6:19pm

you people are so out of touch "yah i'm gonna live in brooklyn and have a 35-40 minute commute" sounds soo good but god forbid you have the SAME commute in jersey and y'all

scream and shout

  • Analyst 1 in IB - Cov
Sep 14, 2021 - 7:46pm

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