5 ms·

I look at all those and think bay area or Boston. NYC has Columbia, NYU, CCNY/CUNY and some spill over from SUNY's versus Berkeley, Stanford, SFSU, CCSF, SJSU,

I look at all those and think bay area or Boston. NYC has Columbia, NYU, CCNY/CUNY and some spill over from SUNY's versus Berkeley, Stanford, SFSU, CCSF, SJSU, UCSC, and a bunch of other smaller colleges. Also, I can't imagine the living cost in NYC is really that much than SF/Silicon Valley. I mean, I pay $950/mo for a nice room in a decent house in SF, and even in Menlo Park I payed $750. http://money.cnn.com/2009/02/19/real_estate/housing_affordability_improves/index.htm?postversion=2009031607 http://money.cnn.com/2009/02/19/real_estate/housing_affordab...

mtalantikite 16y ago
It really is that much more expensive here. With stats like the ones in the article posted, you're incorporating a really geographically diverse area for NYC. Do the SF ones include Oakland? Here they're talking about way out in East New York, or East Flatbush BK, or the South Bronx. So sure, CNN says you can buy a house for $455k, but in any neighborhood you'd feel safe living in it's more like $600k for a smallish 1 or 2 bedroom co-op, and that's in the neighborhoods going through gentrification. Rent is generally around $1500/month for a 1 bedroom in bed-stuy or up in east greenpoint. You can easily pay double for Manhattan. Then there is the cost of everything else in the city. It really gets expensive quick!
- juiceandjuice 16y ago
  Cheapest you get a 1BR apartment is maybe $1000-$1200 in Oakland or closer to the valley you can get some deals in East Palo Alto, but you'll probably be held up at gun point some time in your life (Two friends in North Oakland have been held up at gunpoint) In general though, $1700 for a decent 1BR except in SF, where it's probably closer to $2k. Cheapest homes in East Palo Alto for sale will run $350k. Everywhere else is at least $500k for anything. The government locality pay difference for the GS pay scale in SF is 35% vs. 28% in New York/Newark. I'm sure the city of SF is very comparable to NYC, although you can find some cheaper areas here, but you'll be living further away and commuting, same thing probably goes for NYC (and New Jersey for that matter)
  - mtalantikite 16y ago
    Yeah, it seems like SF is very comparable to Brooklyn in prices.
- juiceandjuice 16y ago
  Also, that's a room, not an apartment. The house rents for $3K.

mtalantikite 16y ago

It really is that much more expensive here. With stats like the ones in the article posted, you're incorporating a really geographically diverse area for NYC. Do the SF ones include Oakland? Here they're talking about way out in East New York, or East Flatbush BK, or the South Bronx. So sure, CNN says you can buy a house for $455k, but in any neighborhood you'd feel safe living in it's more like $600k for a smallish 1 or 2 bedroom co-op, and that's in the neighborhoods going through gentrification. Rent is generally around $1500/month for a 1 bedroom in bed-stuy or up in east greenpoint. You can easily pay double for Manhattan. Then there is the cost of everything else in the city. It really gets expensive quick!

juiceandjuice 16y ago
Cheapest you get a 1BR apartment is maybe $1000-$1200 in Oakland or closer to the valley you can get some deals in East Palo Alto, but you'll probably be held up at gun point some time in your life (Two friends in North Oakland have been held up at gunpoint) In general though, $1700 for a decent 1BR except in SF, where it's probably closer to $2k. Cheapest homes in East Palo Alto for sale will run $350k. Everywhere else is at least $500k for anything. The government locality pay difference for the GS pay scale in SF is 35% vs. 28% in New York/Newark. I'm sure the city of SF is very comparable to NYC, although you can find some cheaper areas here, but you'll be living further away and commuting, same thing probably goes for NYC (and New Jersey for that matter)
- mtalantikite 16y ago
  Yeah, it seems like SF is very comparable to Brooklyn in prices.
juiceandjuice 16y ago
Also, that's a room, not an apartment. The house rents for $3K.