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The Best and Worst Cities To Live in For Tech Workers, Based on Rent and Commute (qz.com)

Posted by msmash on from the what's-out-there dept.

An anonymous reader shares a report: Most cities with a cluster of tech companies can offer those workers either a short commute or low rents -- but not both, according to a study by property consultancy Savills. Berlin is the exception to that rule. Savills found that the German capital offers tech workers some of the lowest rents and among the shortest commutes of 22 cities it surveyed. Commuting is a hugely important factor for worker satisfaction. One study, by the UK's Office of National Statistics, found that each additional minute of commuting increased workers' anxiety and reduced their satisfaction with life. Based on how long it takes to get to work.
The five best cities are: Austin (16 mins), Melbourne, Stockholm, Berlin, and Tokyo (24 mins).
Five worst cities: Bengaluru (47 mins), Hong Kong, Seattle, Seoul, and Toronto (40 mins).

Based on how much tech workers pay in rent (per week).
Best cities: Seoul ($153), Santiago, Berlin, Buenos Aires, and Cape Town ($192).
Five worst cities: San Francisco (with $775.45), New York, Boston, London, and Singapore ($488.16).

6 of 253 comments (clear)

  1. Re:Austin 16 minute commute? by lq_x_pl · · Score: 3, Informative

    re-examine the chart. It is weekly. :-D

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    An internal system operation returned the error "The operation completed successfully.".
  2. Re:500$/month in NYC by whoever57 · · Score: 4, Informative

    The rents quoted are weekly, not monthly.

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    The real "Libtards" are the Libertarians!
  3. Come to Cape Breton, Nova Scotia by xtal · · Score: 3, Informative

    Humble homes available well under $100k CDN, some for less than $50k CDN.. ...all with gigabit fiber to the home, 5 minutes no traffic to an airport with direct flights to Toronto. (2h 30m).

    Enjoy the cities. I'm living the good life. You can too, if you can work remotely in Canada!

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    ..don't panic
  4. Re:Thanks, I'll pass on all of them by WrongMonkey · · Score: 4, Informative

    Most important perk to living a in a big city: social life. Finding people who have common interests gets easier as population density increase.

  5. rent in Seoul by godrik · · Score: 4, Informative

    I am not sure it makes sense to talk about rent in Seoul, Korea. Many people are living on the jeonse system where you give a massive security deposit that the landlord will invest (and give you back when you leave) in exchange for the rent to be very low or even free.

    So speaking of "rent" might be very biased. Any Korean around to give feed back on these numbers?

    1. Re:rent in Seoul by Anonymous Coward · · Score: 2, Informative

      You are correct, that most families will be living on the (ridiculous and arcane) Jeon-Se system (if they don't own their apartment unit, that is).

      Under the Jeon-Se system, there is no periodic rental payments. It's just one big lump sum at the start, which you get back when you leave.

      The rental figures for Seoul, therefore, will most likely only represent people living alone in studio apartments.