which is the most affordable state in the USA in terms of cost of living ?
whilst taking into consideration employment opportunities and good work/life balance as well ?
- FoofaLv 72 months ago
One of the (perhaps few) upsides to the digital revolution is that certain kinds of work can now be done anywhere. But this has also created hubs of certain industries, i.e. the medical research upsurge in Pittsburgh. So if you have specific skills you'd do some research on the lesser known cities where that skill set might be blooming. The downside of course is that if you lack the skills to work in one of those specialized sectors you're going to find wages tied to the local cost of living. Meaning if you work in an unskilled field in San Francisco you're paid more just because it costs more to live there. If you're doing unskilled work in McAllen, TX, sometimes considered the cheapest US city, you're earning far less because it costs far less to live there. The trick is to be able to service clients on the coasts who'll pay top dollar while you physically reside in a place where that money goes a lot further. If you can work remotely for Apple or Microsoft but live in Omaha or Missoula you can live like a king.
- ibu guruLv 72 months ago
What kind of employment opportunities? What are your qualifications - education, training, experience, specialized expertise? Employment opportunities can vary widely, depending on your qualifications. How "affordable" that area is depends on your qualifications, what job you might actually get there at what pay rate, and cost of living in that area. Calculations are extremely complex, and depend a lot on what type of work you qualify for! There is NO one answer to this question!
Forget "work/life balance." That's entirely up to you to arrange to your satisfaction, your personal definition. But if you don't have high-end, high-demand qualifications, you're going to work your butt off to survive anywhere. Lower-cost states tend to pay less, so you likely will never come out ahead.
- COMPTONLv 72 months ago