What to Choose for Your Next Move: Brooklyn or Manhattan?

Two of the most well-known cities in New York are Brooklyn and Manhattan. They're both incredibly diverse and full of culture, but they also have unique characteristics that set them apart.

Below, we've outlined some differences between Brooklyn and Manhattan that you should consider when deciding which borough is right for your next move.

Cost of Living

When considering the cost of living in Brooklyn vs. Manhattan, it's important to consider all aspects of your budget. This includes rent, groceries, and transportation costs. Brooklyn is generally more affordable than Manhattan, with the average rent for an apartment in Brooklyn being $2,614 per month compared to Manhattan's average of $3,595. The cost of food is 13% higher in Manhattan than in Brooklyn.

Lifestyle

The lifestyle in Brooklyn and Manhattan is very different. Manhattan is known for its bustling nightlife and entertainment options, with many bars, clubs, and restaurants. On the other hand, Brooklyn has a more laid-back vibe and is known for its diversity and arts scene. Brooklyn also has more green spaces and parks, which can appeal to those who enjoy spending time outdoors.

Employment Opportunities

When it comes to employment opportunities, Manhattan has the edge over Brooklyn. Manhattan is home to many large corporations, financial institutions, and tech companies, making it a hub for job opportunities in these industries. However, Brooklyn is also home to many small businesses and startups, which can provide unique job opportunities for those interested in entrepreneurship. Salary rates in Manhattan are higher than in Brooklyn. Thus the average cost of living is higher in Manhattan than in Brooklyn.

Education

Both Brooklyn and Manhattan have their unique educational systems. Brooklyn has several public schools in each neighborhood that offer pre-K through 12th-grade education, while Manhattan has its public school district called District 2. However, Manhattan also has many private schools and prestigious universities, such as Columbia University and New York University.

Transportation

Regarding transportation, both Brooklyn and Manhattan have extensive public transportation systems. The subway is the most popular mode of transportation in both boroughs, although Manhattan has more subway lines and stations than Brooklyn. Manhattan is also home to many major transportation hubs, such as Grand Central Station and Penn Station, which can make commuting easier for those who work in the city.

Real Estate

The real estate market in both Brooklyn and Manhattan is competitive, but Manhattan tends to be more expensive. According to Zillow, the average price per square foot for a home in Brooklyn is $731, while the average price per square foot for a home in Manhattan is $1,063. Manhattan also has more luxury condos and high-end apartments than Brooklyn, which can further drive up the cost of living.

Neighborhoods

While Brooklyn and Manhattan are both boroughs of New York City, they have very different personalities. If you're looking for a lively nightlife scene, or want to be close to the action of Times Square and other major tourist attractions in Midtown Manhattan, then Brooklyn may not be for you. But it could be an excellent choice if you want a more laid-down lifestyle with plenty of green space and less noise pollution (not to mention cheaper rent.

Conclusion

When choosing between Brooklyn and Manhattan, it's important to consider your lifestyle, employment opportunities, and budget. Both boroughs offer unique advantages and disadvantages, so weighing your options carefully before deciding is important.

Schedule a house tour today with Off The MRKT. See why our millennial properties are the perfect place to call home. Contact us today to get started on your search!