annyong wrote:splbagel wrote:So is anybody else having a little bit of panic about cost of living?
I'm currently living in a city with very low cost of living - I split a small two-bedroom, two-bath house with a private yard and off-street parking for $800 (total). Looks like we're going to have to pay at least twice this for a small one-bedroom anywhere near campus, and probably get rid of at least one or both our cars.
The Harvard student budget estimates about $2000 per month just for room and board - that's more or less my entire post-tax monthly income right now.

I'm also enjoying incredibly low rent and CoL right now - but, honestly, I've known that I was enjoying it on a limited time span. I think it's pretty fair to say almost any school in the Top 6 will have high CoL, especially in New York City, and I've heard Palo Alto is fairly expensive as well. Mum posted a little while back about visiting and finding everything but rent to be reasonable, though I'm sure some current Harvard students would also have insight on this.
Cambridge, Manhattan, and Palo Alto all have ridiculous costs of living. I haven't done a comprehensive Craigslist search, but I would venture a guess that Cambridge might actually be the cheapest of the three, assuming you want to live fairly close to campus. I don't know Palo Alto at all, and of course you could live in Queens or Brookline instead of Manhattan and Cambridge, but in each case you then have the hassle of commuting in a large city.
New Haven, and those areas just outside of it, which are much more accessible than the areas just outside of Cambridge and Manhattan, are much, much more affordable than NYC, Cambridge, or PA. The South Side of Chicago, from my experience, is also quite affordable, perhaps comparable to New Haven
I, like all of you, am intimidated by the COL in Cambridge/Boston. Bracketing Yale, which unless you have a Rhodes or were a Super Bowl winning quarterback with a 3.95 undergrad GPA is really a crapshoot, I think it will be a very difficult choice for me if I happen to get a Rubenstein at UofC. It would be incredibly difficult to turn down Harvard, but the allure of the the significantly lower COL on the South Side of Chicago and having no tuition to pay might be enough to seduce me.