A miserable job in a dream city or an exciting job in a miserable city?

New / Finance
qwe1942

New Finance

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American Century Investments
qwe1942more
Aug 26 51 Comments

I have 2 offers -

1) a hybrid middle office/ front office job in NY - this is an internal transfer. I'm currently in the same role but in Kansas.
2) a buyside job in Kansas at a new firm

I'm just miserable in my current role and being in Kansas. Neither role will make me happy ( the first option will make me miserable at work but happier after work. The second option will make me happier at work but miserable after work). Ideally I have an alternative, but these are the current options. Which one should I take? I've consulted a few friends and colleagues, listed out pros and cons, but can't be convinced on either option. I'll develop more transferable skills in the second option but it will take me at least a year to find a new job in NYC. Won't develop as much transferrable skills in the first option so I would have to do another internal transfer in this option later on.

TC is $200K at both firms.

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TOP 51 Comments
  • TD Securities SeSc78
    You should also consider that 200k goes a much longer way in Kansas vs NYC
    Aug 26 0
  • Bloomberg / Eng F.U. money
    I would pay to not be in Kansas.
    Aug 26 1
    • New / Finance
      qwe1942

      New Finance

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      American Century Investments
      qwe1942more
      OP
      I would be able to save >$20K more by taking the 2nd option so effectively I'm paying to not be in Kansas if I take the first option!
      Aug 26
  • Lucidworks hMbF15
    Kansas. Live like king. Take regular weekend trips to cool places.
    Aug 26 2
    • Bloomberg Enig16
      Lol would rather live in nyc than a king in Kansas
      Aug 27
    • Worldpay / Eng SonOfNone
      Hahahaha.... I know that small town feels
      Aug 27
  • Amazon Fetch
    Given you are single, try NYC. I lived there for a couple of years. You’ll find an active social scene, amazing food and expensive rent. Live in the city (you’ll pay more in rent, but a short commute = more social time), near-ish to work, ditch your car. 200K won’t go as far in NYC, so be sure to go a realistic budget so you know what you can afford in rent and still allow you to have a social life/travel. Everything costs more in NYC.

    If you feel pulled to stay in Kansas, the upside there is you can save a ton of money. Your money will go further, but you will continue to have the same location unhappiness.

    If you hate NYC, you can always move again.
    Aug 26 4
    • Bloomberg 1048482919
      Where'd you move after NYC, and where do you live now?
      Aug 28
    • Amazon Fetch
      After NYC we were in the Midwest for 2 years and we are now in Seattle.
      Aug 29
    • Bloomberg 1048482919
      Do you prefer either of those locations over NYC? Seattle seems like a wash
      Aug 29
    • Amazon Fetch
      Id never live in NYC again, but I’d live in the Midwest again (assuming a mid to largish sized city). Seattle is fine, it was better when we first lived here....now with the density it reminds me of NYC. It doesn’t have the social scene NYC did though.. I’ve also lived in Chicago, Indianapolis, Cincinnati, Charleston and Luxembourg, I’d live in Chicago again and Cincinnati (although Cincinnati isn’t my first choice). Lux is off the list because it’s outside the US.

      I voted for NYC because you are younger and single, as well as the job opportunities in NYC. Even if the first role you have in NYC is kinda meh, there’s just so much there to choose from that you can easily change to another company or role. You’ll find there is a very active group of young singles. That makes the city a lot of fun. I lived there in my 30s and both my spouse and I agreed it would have been a fun city in our 20s and/or if we were single, but it just wasn’t our thing by the time we were in our 30s. There are some downsides to the area... there are people everywhere ALL THE TIME, think Black Friday shopping; traffic is horrific (this is why I said live in the city near your work); don’t live in any of the burbs or Burroughs as you won’t find the active social scene there and you’ll spend a ton of time commuting.

      There’s also nothing wrong with staying where you are, but you mentioned your dissatisfaction with your current location. That won’t change no matter how much you like a job.
      Aug 29
  • Microsoft snoozefest
    Do you have a family? Kids? Single? Dual income?

    200 k does go farther in Kansas, but it's by far enough to enjoy NYC if you don't have kids.

    One way to think about it might be what is your long term goal? If it's to end up in NYC and this job isn't the right fit you could start applying more aggressively but taking this current job to get the move done might be right.
    Aug 26 3
    • New / Finance
      qwe1942

      New Finance

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      American Century Investments
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      OP
      No family, no kids. Still single and searching a partner. Thanks - I appreciate your input!
      Aug 26
    • Microsoft snoozefest
      NP! I would def try out NYC. I'm assuming your company will pay for relo though. Part of it will come down to what aspects of your job you hate right now too... Perhaps some will be minimized but others might grow.
      Aug 26
    • Bank of America / Product
      mblpld

      Bank of America Product

      PRE
      Capital One, Wells Fargo
      mblpldmore
      You might have better luck finding a partner in NY if that’s a goal for you.
      Aug 27
  • Chase / Finance
    Pv488

    Chase Finance

    BIO
    Asset & Wealth Management at JPMorgan Securities
    Pv488more
    Being single and earning that much I wouldn’t even bother thinking and pick NYC. Yes your money will go further Kansa but you will do just fine in NYC with that salary and get to enjoy your life so much more.
    Aug 27 0
  • Deloitte kbBc60
    I would take option -2. Take the job you love and build those skills to find something better elsewhere. To deal with boredom, use those extra savings from not living in NYC to travel. Get out every weekend. Be a professional Traveller. You can always get out of a place, but hard to get out of the skills you build if you keep postponing that
    Aug 27 1
    • New / Finance
      qwe1942

      New Finance

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      American Century Investments
      qwe1942more
      OP
      Good point - will put this into consideration. Thanks!
      Aug 27
  • Samsung IyxY16
    trust your gut feeling
    Aug 26 1
    • New / Finance
      qwe1942

      New Finance

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      American Century Investments
      qwe1942more
      OP
      You might be right! But I regret a lot of the career decisions I made previously so I wanted to consult fellow Blinders (who are usually thoughtful)
      Aug 26
  • TD Ameritrade / Eng SadBot
    NYC. This happened to me. Before I moved to the city I moved to the Midwest for a job. My life outside of work was awful. Yeah I was saving money but there was nothing to do outside of work and no good food. Consider this, you may not like your job now but there are millions of other opportunities in NYC. Good luck!!
    Aug 27 0
  • Capital One hvyE18
    Don’t take the miserable job. Period. It will have an impact on everything - in and out of work.
    Aug 27 0
  • TD / Finance cd67421
    Kansas...200k goes further... It will help you in future side income( investing in properties) on top of saving money, you will be at a better job with more prospect. NYC always have jobs and you can get that anytime you want.
    Aug 27 3
    • Bloomberg Enig16
      He’s also searching for a partner, and nyc will go a long way with that compared to Kansas.
      Aug 27
    • Moody's BrEG30
      Negative. Only sluts in NYC. Can confirm.
      Aug 27
    • BNP Paribas / Legal @BNP
      Why is that negative? 😬
      Aug 27
  • PayPal / Product
    product@

    PayPal Product

    BIO
    I love apis
    product@more
    If you get $200k in Kansas - for NYC you should be able to get a lot more for the same job ?
    Aug 27 1
    • New / Finance
      qwe1942

      New Finance

      PRE
      American Century Investments
      qwe1942more
      OP
      My current pay is lower, but my employer is offering to increase the TC to 200k and NY relocation to entice me to stay.
      Aug 27
  • Capital One / Finance Rexxar
    I’d go NYC if your sub 30. If you’re over 30 I’d stay Kansas. No one likes the 35 year old guy hitting on 22 year old girls at the bar in NYC.
    Aug 28 0
  • Morgan Stanley
    summer_gen

    Morgan Stanley

    PRE
    Microsoft
    summer_genmore
    Try something new
    Aug 27 0
  • Deloitte / Product gnat
    Are you from Kansas? I grew up there and moved to the east coast so I would say depending on your views, it could be an easy or hard transition.

    Here's what comes to my mind immediately for either side. NYC:
    1. Good for dating if you're a single male looking to settle down. Lots of qualified and great women.
    2. If you hate the job a year down the road, you can switch to something else since the city has much more opportunities.

    Kansas:
    1. Lower CoL, you can afford to buy a place easily. My studio's rent was more than my friend's mortgage.
    2. More community feel. NYC has lots of vibrant culture but it's a cold too if you don't find your group. People are always doing their own things and making friends sometimes seems like scheduling meetings.
    Aug 27 0
  • Capital One DSchrutee
    Stay in Kansas. Get the right job. Build resume / skills. Getting in wrong job just for location is not good long term thinking. You can always move to NYC in couple of years to a right job.
    Aug 27 0
  • new / Data dreamhunt
    Toss a coin!!
    What ever comes to your mind when the coin is in the air is your answer.
    Aug 27 0
  • Bank of America / IT
    biggie8

    Bank of America IT

    BIO
    I have 20+ experience in tech and banking
    biggie8more
    Once you get to NYC you will have way more options both job and dating.. But 200k is a poor lifestyle in NY so be prepared to live a full 180 degree flip from your easy Kansas life.. Personally I would go with the job where you learn the most
    Aug 27 2
    • Bloomberg 1048482919
      How is $200k in NYC a "poor lifestyle"?
      Aug 30
    • Bank of America / IT
      biggie8

      Bank of America IT

      BIO
      I have 20+ experience in tech and banking
      biggie8more
      It's far from rich... For a white collar lifestyle with a wife and kid 200k is not good. Even at 400k it can be tough.. He's coming from Kansas.. Huge diff in taxes rent and daily costs
      Sep 4
  • C2FO / Eng PablaBigas
    I have moved from NYC/ east coast to Kansas City area, personally I dislike NY and wanna go with somewhere lower cost of living and more laid back. And I found my significant other in KC and got engaged. AMA if you have further questions.
    Aug 27 2
    • New / Finance
      qwe1942

      New Finance

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      American Century Investments
      qwe1942more
      OP
      Thanks. Do you find it easy to meet new people/ make friends in Kansas City? Im not from here and am finding it difficult to meet outside of work. Also a lot of my colleagues of my age (who are not from Kansas) are also moving out of Kansas.
      Aug 27
    • C2FO / Eng PablaBigas
      It's harder, even for people who moved out and moved back. I'm not from here, but I used to go out to social event and meet people when I get a chance, try to meet people through friend's friend, go on dating app etc.
      Aug 28
  • BBT / IT yCYt14
    go to NYC, and look for other opportunities - there will be plenty. Plus you wont have to sit out a year, cause you are not changing jobs, ets just transfer.
    on paper you will appear as you have been working in NYC for forever
    Aug 27 1
    • New / Finance
      qwe1942

      New Finance

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      American Century Investments
      qwe1942more
      OP
      Good point.
      Aug 27