I live in SF but location flexible and considering making a move to NYC.
Biggest issue is obviously cost. I’m shocked even living in what is considered a high cost of living area by the rent prices I’m seeing in Manhattan and parts of Brooklyn. I’m seeing fairly basic 1 bedroom apartments being listed that are $5k+ not including utilities or brokers fees which can be as high as 15% of the annual rent, and most likely not rent stabilized meaning they can raise the rent however much they want after the lease ends.
Outside of rent the cost of entertainment and eating out is not surprisingly on the higher side relative to other cities though I would not say it’s as wildly expensive as the rent is.
The upside is that there’s an energy to the city that is lacking here, and you don’t need a car to get to most places within the city (though to be fair I don’t have a car in SF either).
For people who have recently considered moving or have been living there do you feel it’s worth it considering the rent/housing situation on top of everything else (food, groceries, entertainment, taxation, etc)?
You either love NYC or you hate it and thankfully you will know where you fall within 1-2 years of moving. It can be intense.
I personally love the energy, diversity, ambition, serendipity and grit. I love being able to walk and discover something new every time, no matter how often I’ve walked the path. I love how much it is constantly changing. I love the museums, parks, theaters and art galleries. I’ve traveled all over the world and no city compares for me (Hong Kong is my second love).
If you are a homebody, this is not the right place for you. If you don’t enjoy meeting new people, likely not the place for you. If you thrive off of nature, hiking, surfing, playing golf, this is likely not the place for you.
The physical quality of life in nyc is inferior in almost every way, it’s the intellectual and social quality of life that keeps millions tied to it.
Happy to answer any questions.
Edit: Final item to add, in nyc there is no shame to having roommates until you enter a committed relationship and move in together. Even couples have roommates. To outsiders it seems weird but it’s a necessity here.