Cost Of Living Cheaper in Big Cities?
I work in the suburbs. In fact, I live in one suburb and work in another - an 11 mile one-way drive that can take anywhere between 20 - 45 minutes depending on if I decide to leave during rush-hour or not. On the weekends, I have to drive at least 20 minutes to the closest young professional magnet of a bar strip, and 30 minutes to downtown. If I need to get food or something from a store I have to drive a wasteful 5 minutes at least. Bottom line, I cannot walk anywhere really.
With gas prices approaching $4/gallon with no end in site, I would argue that it costs about the same if not less to live and work in a major metropolitan area. If I lived and worked in Chicago or any east coast city I would consider getting rid of the car completely, or at least downgrading. I'm spending over $200 a month on gas alone, which could easily offset or equalize the higher cost of apartments or condos in cities.
We as a country really need to change our city planning and urban development planning. Here in the midwest everyone wants their own yard and property even if it means they can only afford to build a cheap box in one of the many unattractive vinyl villages that our future generations will hate us for building. I'm a big fan of the "live where you work" way of life, and love the idea of living in a condo or townhome close to restaurants, clubs, stores, etc. You also have a much greater sense of community, not to mention using less land and resources. The "green" movement is really centered on efficiency in automobiles right now, and changing the way we build and expand our cities is rarely discussed when the impact could be greater.
So, should you live in a big city or look to work for companies in big cities? That's up to you and depends a bit on your lifestyle, but just be aware that your entry-level salary will leave you with a tight budget as it is - especially if you live alone. You cut out some major costs by living within walking distance of where you work and socialize, or you could at least make an effort to minimize your driving distance to work and where you play on the weekends (and weekdays...especially when Cinco de Mayo falls on a Monday, what's up with that?).
I'm in a tough dilemma with the office being located on the far north side of the city in an uppity suburb, and everything else is going on in the city. It's either going to be a long drive to work or a long drive to hang out with friends.