I would say both are lower in NYC. Salary is definitely lower, and rent is as well because the infinitely better public transit in NYC gives you more living options that have a short commute.
I'm making comparable salary in NYC, and rent is pretty much in line with San Francisco area standards: $2300/mo studios in desirable areas... the difference in the housing market are these. First, there are more medium-awesome areas to choose from close to town (head to Astoria or East Williamsburg and you might shave $500-1000 off that studio, but you can still catch the N train to get to work and the neighborhood's reasonably cool). And second, if you want the apartment, there's a good chance you can get the apartment (whereas last time I went apartment-shopping in San Francisco, there would be 20+ people in line for the open house, including many couples who were new-hires at technology companies. it was insane.)
> there are more medium-awesome areas to choose from close to town (head to Astoria or East Williamsburg and you might shave $500-1000 off that studio, but you can still catch the N train to get to work and the neighborhood's reasonably cool).
> First, there are more medium-awesome areas to choose from close to town (head to Astoria or East Williamsburg and you might shave $500-1000 off that studio, but you can still catch the N train to get to work and the neighborhood's reasonably cool).
Would this be like living across the bay in Oakland or something? The flipside of such a situation would be that you get back home from SF at midnight before the last BART or you would have to be stuck when BART decides to strike.
This would be like living across the bay in Oakland, but much better. Compared to NYC's subway as a general-purpose transport system, BART's more like a commuter rail line that happens to be underground in downtown San Francisco.
Heck, when the MTA decides to strike (which is occasionally, but less frequently than BART) you can walk to Manhattan from Astoria. Try that from Oakland-to-SOMA.
I am surprised that the rent is lower if you are living in NYC proper. I have one sample point for a friend who lives I think in the East Village. He pays $2300 for a studio. That seems about SF standard. (Well, not in the nicer parts of SF anyway.)
So I don't know enough about NYC to define what a expensive neighborhood is. However, $2300 is about mid range SF neighborhoods. Not highly desirable ones like the better of the mission, Pac Heights etc but something on the intersection of less desirable (deep inner sunset) and actually livable.
NYC incorporated its inner suburbs around 1900. So it is physically much much larger than San Fransico. It also means that there is a great variety of neigborhoods of all economic types -- from extremely wealthy (Upper East Side) to quite poor (Melrose section of the Bronx) -- inside city limits.
All of which is to say that limiting your statement to "NYC proper" doesn't mean much because that covers a lot of ground. If you had made your orginal statement about "Manhattan south of 96th street", it would have meant what I think you were going for. Within in those parameters the East Village is middle of the pack.
Also in reference to your comment above the subways run 24/7 in NYC (albeit on a reduced schedule).
Ah, gotcha. Apologies for using that phrase then. I merely meant living in NYC vs say living in New Jersey and making the commute (I knew a lot of people who did that.).