Things to consider when moving to a Cheaper City

Darryl Bachmeier
Dec 12, 2020

Are you thinking the current city you live in and lifestyle filtered your spending income at a dangerous rate? You feel helpless despite your best efforts. It is time for something completely different - something many people you know have used it, but never had the chance or strength to do it yourself until now. So what can you do? If the cost of living proves to be too difficult for your budget, is moving to a cheaper city the best answer? Therefore, before you start preparing for the move, keep in mind that moving is not the right answer for everyone. Definitely, this is one of the most crucial ways to deal with a difficult financial situation. However, for some, higher mortgages or rental prices can lower their finances and leave them with less money to save or pay off debts. If you can relate, “Should I go to the cheapest city?”

Some monetary factors to consider before moving to a cheap city

Your Earnings and Employment Opportunities

When you move, what happens to your income? You may find that you earn less in your new location. If so, is your COL savings enough to cover the pay cut? Also, if you are self-employed and can’t take your show on the road, you should consider your job opportunities in the new area.


Although taxes are sometimes a factor in COL calculators, you may want to get definitive information for your specific location. Remember to consider all types of taxes, such as income, sales, property. Some places charge local taxes over the state and even federal taxes.

Moving costs

Moving is not cheap — especially if you have to sell a house and the whole family is involved. Here are some questions you should keep in mind:

  • What will be the cost if you sell your house?
  • Is there any need to rent a storage unit for your items when you find a home?
  • Will you prefer staying in a hotel at that time?
  • Can you move yourself or hire movers?
  • The cost to hire a moving truck?
  • Will the Homeowners Association (HOA) get the outstanding amount for your new home?


It is essential to consider how your transportation needs may change as you relocate. Do you rely on public transportations to get around? Is this an option in your new location?


Public health is a factor in many COL calculators. However, if you have specific medical conditions, some providers should make sure to specialize in the appropriate fields in your new area.

Non-monetary factors to consider

Your emotional attachment to your current area

Think about why you live in your current place. Did you exceptionally choose it, or did it happen? If you chose your location, why did you choose it? Are the reasons still valid? If you fall into your current location, do you like it? If you are pleased with where you are, it can be challenging to set a price tag for it.

The Climate

What is the suitable climate? Do you really want to live in? Which weather would you avoid at all costs? Nine months of the year is foggy, and if one area looks better except you to hate the cold, it is not going to work for long. Conversely, if you melt after hitting 70 degrees outside, it would be a mistake to go into tropical climates.

Family Issues

If you own one, making a significant life change like relocating is very easy. However, if you have a family, there are many questions to consider. Here are some:

  • Are you married or in a relationship, is your spouse or significant other different with the idea of ​​moving?
  • How will this affect their lives?
  • Does it match their dreams for the future? It is very important to be united in this conclusion.
  • If you have children, especially if they are already in school, it can be difficult for them to move. They want to start a new school again and make new friends. Can they handle it?
  • If your children have special needs (education or medical), can they get the support they need in the new place.
  • If your parents live, are they old?
  • Do they rely on your support?
  • Can you visit regularly?
  • Can they go with you?

Cost of housing

Interestingly, just because a city has a low cost of living does not automatically mean that its housing costs will follow suit. In fact, this is one of the most common mistakes people make when deciding to move to an affordable city.

What to do when going to the cheapest city?

Get Professional Relocation Help: Your best bet is to know in advance how much your move will cost you so that you can make the hassle-free relocation to the cheap city you want so you can set your moving budget the right way. Needless to say, hiring professional relocation assistance to state movers at an affordable price will further reduce relocation costs and provide a good start to your new location.

Bottom line

Be well aware of your big decision to relocate to an affordable city - you do your homework and thoroughly explore your future city or city. In addition to obvious essential factors such as the cost of living, housing costs, unemployment rate and taxes, consider other factors that may affect your lifestyle more or less. Overall, be a factor in the good and bad options available to you and try to determine whether your move will pay off in the end at an affordable price.

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