~~About NYC~~

There was a article I read about cities for young graduates and this is what its said about New York.

New York, N.Y.

Cost-of-living index: 218 (Manhattan), 179 (Brooklyn), 158 (Queens)
Median monthly rent: $1,025 (average is $819)
Average annual wage: $50,784
Unemployment rate: 9.4%
Percentage of Gen Y residents: 21.9%
Top industries (New York does not release specific employer statistics): General medical and surgical hospitals, individual and family services, restaurants, securities and commodities contracts, legal services

There's no place for recent graduates quite like the Big Apple: the job prospects are exceptional and the culture and nightlife are without parallel. Yes, it's tough to live here. The cost-of-living is the highest in the continental U.S. Conveniences most Americans take for granted don't exist here, like places to park a car. Fortunately, however, there are still areas of the city where young professionals can eke out a living and the money you save on rent in Hoboken will help ease the stigma of being a "B&Ter" (bridge-and-tunneler - someone who works and spends time in Manhattan, but actually lives elsewhere).

PROS: Incomparable job opportunities, an extensive mass transportation system that makes car-owning superfluous and allows young adults to live well outside the city.

CONS: Expensive, sometimes ridiculously so. But hey, if you can make it there, you'll make it anywhere.