Before you rush to pack all your items and move for a job, ask yourself these crucial questions.
Who will pay for the move?
If you have already nailed a job, then your new employer may pay for the move, reimburse you or pay a portion of the moving bill. Furthermore, you may be able to deduct taxes. The Internal Revenue Service lets you deduct your reasonable moving expenses in case you you are moving to start a job and you meet some requirements related with time and distance. Check them here.
If you will solely pay for your relocation, then you should plan your potential costs in advance. Take in mid not only expenses closely related to the move, like truck rental or mover’s charges, think of potential expenses for the first couple of months – apartment rent, utility bills, food and transportation, etc.
What are the living costs in the new place?
Moving for a job doesn’t necessarily guarantee you a better standard of living. Before accepting a job proposal, make sure that the new paycheck will cover all living costs and you will end up the month with some money in your pocket. You may be offered a higher salary, but if the living costs are high in the new area, then you may not be able to afford a better standard of living.
Research how prices in the new area are. Check real estate prices, mortgage interest rates, food, taxis and public transport, and local taxes. You can find out that information online through different living cost calculators or local media and forums.
When should I move to a new city?
If you are moving for a job and you have kids, you need to ask yourself “When is the best time to move?” You have already decided that the current place doesn’t offer good job opportunities, but should you move kids during the school year or during the summer holiday?
In some cases, it would be better to move children during the school year, as they will be with kids of the same age and interests and that may help them adjust to the new environment much faster. On the other hand, if you think that moving during the school year will cause too much stress on your kids, then you may want to wait till the end of the school year.
Where should I actually move to?
Some other factor you need to consider is the location. When you are looking for a place to live in, do not limit yourself and do not look for a neighborhood within the city limits only, scout out the whole region. Check how labor statistics over the last few years are. If you focus on the property prices only, you may miss the forest for the trees.
Learn some facts about the local economy. Look for reports about the current state of the economy and for any prognosis. Do not forget to check local economy indicators and pay attention to how they have changed during the last years.
Why am I doing this?
Last but not least, ask yourself “Why am I doing this, actually?” It is very essential to be clear with your expectations beyond work. Job is one of our main priorities, but life is not only about work. And, if you are moving with your family, consider how will the whole relocation affect your family. After all, is moving for a job worth it?