Cheap, modern, fashionable, raincoat too much to ask for?

I got a waxed cotton blackwatch plaid duffel coat from Hickey last year (FW) and it's pretty badass. Otherwise try APC or maybe J Crew.

i like the american apparel one i have; it's slim and waterproof, what more does one need?

What size and budget? (ie check my sig - not really 100% waterproof though), also H&M has this type of thing if by cheap you mean like <$100.

Nobody notices what you're wearing when it's raining. They're too busy ducking drops while running for the subway.

I wear a black Christian Dior raincoat with slightly oversized buttons. Full, long belt, wrist belts, polyester outer, removable wool lining. I went up one size so it would be extra loose over my thickest jackets. Goes very nicely with a black Fedora. Retro '40s look.

I get double-takes when I go through a door and remove the coat and hat to reveal a sharp black suit. The other teachers gag because they wore sweatshirts and jeans.

So the deal is that it's not what raincoat you wear -- it's what you wear under the raincoat. You could wear a yellow slicker, as long as it does the job.

REI Newcastle jacket.

Topman, maybe?

I'm thinking about making an SB trench. Maybe.

raining today, wore my MJK mac coat, was under $100 i think

Ben Sherman navy blue raincoat, ~$250, wore it today.
Hickey Blackwatch Toggle Coat as mentioned before, I took one of the many opportunities to get it at ~$300.