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Remax Advisor - Newsletter - Relocation
The Distant Job Offer: When Does Relocation Make Sense?
 
Considering any job offer can be a complex, anxiety-inducing task. Add in a potential move to a new and unfamiliar city, and the decision gets infinitely more complicated. How do you determine if an employment opportunity justifies a significant relocation? Essentially, you must evaluate whether both the job itself and the new locale will ultimately bring you happiness.
 
For obvious reasons, the salary offered compared is a key component of the decision to accept or decline any job offer. When it comes to employment opportunities with out-of-area employers, however, it's important to remember that money is not the same the whole world over. Differences in cost of living must be carefully considered in order to accurately assess an out of area job offer. For example, a job that with an annual salary of $50,000 may provide for a very comfortable lifestyle in Oklahoma City, but if offered in the same salary in New York City (where the cost of living can be as much as 111% higher compared to Oklahoma City), your disposable income would evaporate. Conversely, if you're considering a job in city with a better cost of living, the salary offer may ... more

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