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Studio or 1 Bdroom as Associate

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Just got a job as an IB associate, have 0 debt, and some significant savings busting as an analyst, have 2 options

Live literally next to work at a 530 sq ft 1 bedroom condo ($2200 more per year)
Live 12 min walk away at a 455 sq ft 1 studio condo (save $2200 per year)

Not sure what to do here. I want to save money, but also not sure if studio is appropriate for associate, on top of that its much furthur walk

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