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Reply to "If you're moving out of the DMV area because of the HCOL"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t exactly understand moving for lower cost of living. I see moving to a lower tax state. But for me WFH, two kids in college and one in public school I literally only spend in fixed expenses. Tuition being largest. My job is WFH but if it changed I be in trouble if moved. [/quote]....You *don't understand* moving for lower cost of living -like housing costs? Seriously? :shock: You do know that not all areas of the US housing costs as much either in terms of rent or homes for sale as the DMV? Or daycare costs are a fraction of our previous costs. Yes, that is a major factor that pushed us out. Also no state income tax helps too.[/quote] I don’t pay daycare, never have. I own my home mortgage free, like 40 percent of people in DMV area. Car insurance and property tax relatively low in this area. The income tax is an issue. This week got a biggie bag at Wendy’s for four bucks as wanted to get out of house one day. I drive maybe 1,500 miles a year. What I spend maybe a car once every 12-15 years, tuition. Medical but that copays are same everywhere. I originally moved to this area as it was low cost. I would say vast majority of homeowners are mortgage free in my section. I am the new neighbor at 4 years. Most are 15-45. Homes are 45 years old. Rent is cheap here too. DC is super cheap. I was used to Manhattan rents and NYC surburb property taxes. It is cheap here [/quote]
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