Moving regularly ranks as one of the most stressful life events a person can experience.
No matter how excited you might be to start over in a new place, chances are you’re also experiencing a lot of anxiety surrounding your move. For example, you might be wondering how you’re supposed to choose the right place to live.
Finding the right location is essential if you’re going to be happy in your new home. Not sure if you’re making the right decision?
Here are some factors you should consider when you’re trying to figure out how to decide where to live.
How to Decide Where to Live
Whether you want to move to a new city or across the country, there are lots of things to take into account when choosing the location of your new home.
Here are some of the most important things to consider:
1. Tax Burden
There’s a lot of variety in tax rates (and not just property tax rates) depending on which stay you choose to call home.
For example, some states, like Alaska and Oregon, do not charge sales tax. Other states, including Texas, Wyoming, and Washington, do not collect individual income taxes.
If you want to reduce the amount of money you pay each year in taxes, you might want to consider moving to one of these states.
2. Job Opportunities
Of course, you also need to make sure you’ll have opportunities to work in your new city or state.
Before you make a decision, spend some time researching the job markets in the area you’re considering. Take into account differences in salary in different locations, too.
3. Crime Rates
Nobody wants to live in an unsafe area.
Research the crime rates in the state, city, and neighborhood you’re considering before deciding whether or not it’s a good fit for you.
There are lots of online resources that let you look up the number of crimes that have occurred in a particular area, as well as the type of crimes that took place.
4. Cost of Living
Last, but certainly not least, you’ll need to take the cost of living in a particular area into account.
Will your current salary allow you to live comfortably? What kind of house or apartment will you be able to afford? How much do things like gas, groceries, and electricity cost in this new area?
Consider all these factors before you decide whether or not you can afford to live in a specific city.
Find Your Dream Location Today
As you can see, there’s not exactly a simple answer when you’re trying to figure out how to decide where to live. But, if you keep these essential factors in mind, you’ll likely find the process to be a lot easier.
Do you need more help planning your big move? Are you unsure of what to look for in a home or how to get the best price on a house?
Whatever information you need, we’ve got it covered in the buy section of our blog. Whether you want to buy a condo or a multi-family home, check out this section for all kinds of helpful advice.