Considering a job relocation? Discover if moving for work is worth it with these 7 essential questions. Explore cost of living, lifestyle, transportation, expenses, social network, and career growth factors.
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Are you one of the many tech workers in the U.S. who've recently updated your resume and started reaching out to your connections? It's no surprise, given all the layoffs and hiring freezes in the tech industry lately. You might be thinking about taking your career to a new town, state, or even a different country.
Last year, about 27.1 million Americans moved, and 8% of the population did so. Surprisingly, this was the lowest migration rate in 70 years. About 7 million Americans moved for a new job, and a quarter of them did it mainly for career reasons.
Now, you might wonder, why move for a job when you can find remote work with less hassle and cost? That's a fair question. While remote work is more common, many jobs still require you to be on-site.
According to Ladders, by the end of 2022, 25% of all jobs in North America will be remote, meaning that 75% will still need you to be physically present. So, what if you get a great job offer in a place you know nothing about? Here are seven questions to consider:
1. **Cost of Living:** Living costs can vary widely. Some places are much more expensive than others. For instance, Kansas City is a lot cheaper than Seattle or San Francisco. To get a clear picture, check free cost-of-living calculators like those on CNN Money, NerdWallet, or BestPlaces. They can help with salary negotiations by matching your fair market value to the area's cost of living.
2. **Quality of Life:** It's not all about work; you'll be living in this new place. You might love your job, but you'll spend most of your day off the clock. Consider the weather, lifestyle, and hobbies. Do you prefer sunny San Diego or rainy Pacific Northwest? Think about your personal preferences and whether the new location aligns with them.
3. **Location Matters:** Some people are drawn to a place's location or lifestyle, so it's crucial to explore it before making a decision. Try to stay there for a few weeks to get a real feel for it. Ask your employer for a trial run to experience the city's culture and find the right place to live.
4. **Transportation:** Transportation can be a significant factor. Consider whether you'll need a car or rely on public transit. Compare the costs and time involved. Will a longer commute be worth the new job?
5. **Expenses:** Moving isn't cheap, whether it's to a different city or state. The costs add up, and it's good to be prepared. Moving to another state can cost around $4,700 or even more, so be ready for the expenses.
6. **Social Network:** Think about your social life. Moving to a new place means building new connections. Will you miss your favorite local spots, or are you excited about exploring new ones? It's essential to maintain your social well-being.
7. **Career Growth:** Finally, consider how this move can impact your career. Will it open up new opportunities and enhance your skills? It's not just about the job; it's about your professional development.
So, before packing your bags, take the time to consider these factors. Moving for a job can be a big step, and it's crucial to make an informed decision that aligns with your lifestyle, finances, and career goals.