As another data point, you can find some great deals with a 30ish minute commute in Brooklyn. Yes you can easily pay as much as UWS/Tribeca but there are more deals out here.
Another pro tip: ride a bike and save $5/day on your commute!
Another pro tip: ride a bike and save $5/day on your commute!
Also, if you're out in NYC on a weekend and want a cab home to somewhere like brooklyn, it'll only cost you like 15 bucks. However, if you want one to Hoboken, it'll cost you around 50-60... Really a pain when the PATH only comes every half hour after midnight.
As long as you can walk to the PATH, the loser factor on weekends (Jersey's finest comes to party) is the only real downside.