Due to rising costs across the USA, many people are considering moving to locations that offer more reasonable rents and everyday prices. Some of the most popular states that Americans are considering moving to include Utah, which has seen a population growth of 18.37%, Idaho, with 17.32%, and Texas, with 15.91%. Nonetheless, moving can still be a tricky process. Here are some of the biggest challenges that people can face when deciding to move state. Read on to learn what they are.
Rising Rents
While migration actually declined due to the coronavirus pandemic in 2021, with 8.4% of people living in a different residence to their home state from a previous high of 9.3%, it is predicted that 2022, and the relative ease of moving as the restrictions involved with the coronavirus pandemic have winded down, will see a notable uptick. Nonetheless, in popular tech hubs, such as Austin, Texas, the sudden influx of new people has led to rising rental costs and, in some cases, even bidding wars! While this is somewhat undercut by the fact that there is no income tax in the state of Texas, it is still something that is worth bearing in mind if you are thinking of moving there.
Relocation Costs
Relocating from one place to another is not cheap whatsoever. In fact, it is estimated that, with all prices put together, the average person spends around $9,000 on the move. This means that if you are looking to relocate, you should be aware of all the different relocation costs that are involved, especially when it comes to transporting your possessions and vehicles. The good news is that the motorbike moving industry is competitive, so you should be able to find a reasonable motorcycle transport company to help you if you look hard enough.
Falling Into a New Tax Bracket
It is worth considering that every state in the USA calculates state tax differently. While some states have no state tax whatsoever, this is a number that can rise rather significantly in places such as New York and California. If you are looking for a state to move to with lower state tax, then it is worth taking a look around at the different resources available on this topic.
Homesickness
The job might be perfect. The rent might be reasonable. There might be a great coffee shop just around the corner. Nonetheless, there is a reason that people use the phrase: “There’s no place like home.” This means that when you are moving to another state, you should be prepared to start to feel homesick for your hometown.
Homesickness is a common phenomenon. A survey of college students shows that around 40 to 70 percent of all students actually feel homesick if they move too far away. Thankfully, there are easy ways to remedy this, such as calling back home often and making sure that you plan regular trips back home as and when you can. Just make sure that you aren’t flying too often as this can be bad for the environment.