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From what I know London is more expensive that NYC.
The weather in NYC is more extreme than London normally. This means that usually it is much hotter in NYC than London in the summer and usually NYC gets more snow and colder temperatures than London in the winter (although in recent times, I believe that is not always true).
Both cities are international centers and world financial centers. So one gets all kinds of people from all over the world in both these first class cities.
I wouldn't say New York City hands down. I think they're about equal. Both are financial hubs, fast paced, cosmopolitan, diverse, cultured, urban, vibrant and are abuzz with energy. New York is faster paced and grander, but London's neighborhoods are nicer, more spread out and more interesting in my opinion. From an American perspective, I think London would be more interesting to live in just because there would be so many more new things to explore and if you got bored, you could be in Paris in 2 hours. Not to mention all the other places in Europe that are far more interesting to visit. If you lived in New York, most North American cities are pretty much the same so you wouldn't get nearly as much variety for a weekend getaway.
Anyway, to answer the OP - Access to high quality Universities are pretty much equal between the two. London is noticeably more expensive, NYC has better weather and NYC has more energy and is more exciting but London has a classy, elegant, hip vibe and isn't slow paced by any means - as long as you have good friends to hang out with you won't be bored in either city.
One interesting disparity is the murder rate. Despite having comparable city populations (slightly under 8.2 million in London vs. 8.3 million or so in NYC), London had 96 murders in 2012 while New York had 417.
One interesting disparity is the murder rate. Despite having comparable city populations (slightly under 8.2 million in London vs. 8.3 million or so in NYC), London had 96 murders in 2012 while New York had 417.
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Which City is better in terms of:
