Listen "High Cost of Living vs. Low Cost of Living Areas"
Episode Synopsis
Why does it matter if you live in a high cost of living (HCOL) vs. a low cost of living (LCOL) area? With the rise of remote work, the proximity of family and the price of everything from gas to a gallon of milk on people's minds, it can matter a lot. But just because you can afford a mansion in West Virginia doesn't mean you should move there right away. In this episode we talk about what you really want out of the place you're going to live, why it makes sense to put down roots when you have a family, and how you can use living in a HCOL area to your advantage.What is HCOL, VHCOL and LCOL? by the White Coat InvestorCost of Living Index by StateCost of Living Calculator by NerdWalletThe Number of People Primarily working from home Tripled Between 2019 and 2021 by US CensusNearly 30 percent of work remains remote by The HillMore than Half of Americans live within an hour of extended family by Pew ResearchMortgage Rates Forecast for 2023 by ForbesCost of Living Adjustments by Indeed Hosted on Acast. See acast.com/privacy for more information.
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