I hope Katie Holmes never leaves NYC. The reason? I would really miss seeing how she dresses for all four seasons on a regular basis, but especially how she dresses in the winter. Her outerwear collection is just so good, and she rarely repeats coats, which is very impressive. (When I lived in New York, I'm pretty sure I wore the same two coats all winter.)

While out for a walk a few days ago, Holmes choose a Mango coat, which we love to see to begin with—but even more so given that it's a whopping 40% off, bringing it to a very reasonable $90.

Not only that, the coat is a quilted style which is a huge trend this winter. And she opted to pair it with another huge trend: chunky loafers. It's the only flat shoe trend that matters this season, folks. And her shoes are almost as affordable as her coat.

To complete her cool outfit, she went with straight-leg jeans and ankle socks. Perfection, if you ask me.

Scroll to shop Katie Holmes' chic, affordable outfit from head to toe.

On Katie Holmes: Mango Oversize Quilted Coat ($90); Vagabond

It comes in khaki too!

Next up, Katie Holmes' best beauty secrets, all in one place.