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Money and Finances
Reply to "Money in NYC vs. DC"
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[quote=Anonymous][quote=Anonymous]People here will tell you you need millions, but I just moved from Manhattan and found all the COL calculators to be right -- you need about 75% of the money here that you would in NYC, so that puts you right at 250k-255k. If you're negotiating, you can obviously add in a little cushion to that.[/quote] This is true IF you can adjust your expectations of what you'll get in NYC as compared to DC. I moved and paid $2000 for an apartment in DC and was willing/able to kick that up to a $2400 place in Manhattan. I stayed in the same ballpark price-wise, but I knew I'd get way less in NYC. In DC for $2400, you're getting a one bedroom in nice building with a full kitchen and a washer dryer. In Manhattan -- a doorman building, but likely a studio (though sometimes you can luck into a 1 bed for that price), definitely NO washer dryer, and chances are no dishwasher either. If you are not willing to adjust your expectations and want to live as nicely in Manhattan as in DC -- expect to pay $4000-5000 for a 1 bedroom in a luxury building there to get the equivalent of a nice 1 bed here w/ a W/D and dishwasher.[/quote]
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