Deciding to move to a new location is a major decision. Whether it’s for a change of scenery or a new job offer, there are many factors that need to be taken into consideration to ensure you are making the right decision. According to U.S. News and World Report some key factors to consider when relocating are:
- Cost of Living and Affordability
- Job Availability
- Desirability and Happiness
Cost of Living
Can you afford to live comfortably in your new locale? Cost of living doesn’t just mean things like rent, mortgage payments, and taxes, but also the cost of regular expenses like groceries and utilities. The prices of goods can vary from city to city, which is something to consider when deciding where to live. If you can, first visit the city and get a feel for what the prices are like. This is the best way to truly understand each area’s cost of living.
If you are looking to start or make a change in your career, or even if you already secured a job in your new location, it is helpful to research the local job market. Salaries can vary wildly between cities and affect the cost of living for that area. While a certain position could come with a large salary, the cost of living could also be expensive. Make sure there is a demand for your field in whichever area you move to. You might even find some cities have more of the types of jobs you are looking for available. Browse job listing websites to get a feel for average salaries and availability.
Desirability and Happiness
If you are a warm-weather fan, moving to a location with two months of summer would not be desirable. Even after deciding on a location, there are still other factors to consider such as whether you would be happier in a centrally located apartment or a quieter home on the outskirts of the city. Making sure you would be happy in your new location is not something that should be overlooked. Make sure there is easy access to activities around that you love. For example, if you love hiking, make sure you move somewhere with mountains and plenty of trails.
Crime statistics are important, but keep in mind that they do not always show the whole picture. If you have the opportunity, visit your desired location before finalizing your decision. Certain areas of cities will have higher crime rates than others though, so keep that in mind. Just because the crime is high in those areas doesn’t mean the city as a whole is a bad option.
Even if you may be working from home, factoring in commute times and modes of transportation to and from your work location should be part of your decision making. A new job with an hour commute may not be suitable for you.
Many factors deserve your attention when moving, so make sure to research, do your homework, and contact a realtor like Vickie Gallimore: RE/MAX Central Realty, to discuss your options and make the right decision for you.