Would You Move to Save Money?Heather Sokol
I’m not just talking about moving to a smaller, less expensive home or an apartment with lower rent. (Although, both of those are viable options when working to cut the budget.) But, would you move to a new city? A new state?
What if uprooting your family cut your tax bill significantly, or resulted in a drastically reduced cost of living?
I’ve been thinking a lot about this lately. Now that we’re both working from home, we aren’t limited by time and space. We can set our own hours, work where we want — even move to a state with better self-employment laws.
It’s not something we’re seriously considering — yet — but I do think about it now and then. Especially when I see a house twice the size of ours at a third the cost. Sure, we chose our city very carefully 10 years ago, but what if we didn’t live in the most expensive county in the state?
We could go somewhere with lower taxes or more reasonable utility bills. We could choose a city with better access to fresh foods at low prices. We could move to an area with lower gas prices. We could seriously cut our expenses while living on the exact same income.
Would you move to lower your cost of living?
Photo Credit: Flickr user akzo
More from Heather:
Whale of a Tale: The Experience of a Lifetime My Frugality Almost Missed