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 Investor
Cost of Living Index by State
Cost of Living Calculator by NerdWallet
The Number of People Primarily working from home Tripled Between 2019 and 2021 by US Census
Nearly 30 percent of work remains remote by The Hill
More than Half of Americans live within an hour of extended family by Pew Research
Mortgage Rates Forecast for 2023 by Forbes
Cost of Living Adjustments by Indeed

Hosted on Acast. See acast.com/privacy for more information.