If you are offered a job in a different part of the country, recognize the pay as one of the most important factors in deciding whether to move. A new salary should allow you to maintain your current lifestyle in your new area. Consider making a chart the compares the cost of living and real estate prices in your current city, to those of a new one. In addition to housing costs, research the costs of everyday goods like groceries, laundry and gasoline. Keep tabs on the housing market trends and if you own a house, remember that the financial equation can change. For example, it may be more beneficial to stay in your current house if you are expecting a loss after its sale.
If you do decide to relocate because of a job offer, think about ways of minimizing both financial and personal risk. For example, consider temporarily renting a house or an apartment in your new area because it will lower your financial risk rather than making a long-term commitment on a new home. Be sure also to research other job opportunities in the same industry if your new position does not work out.
Finally, don’t make plans for moving for a job until you have received an offer in writing. It is wise to contact your new employer and request an e-mail or a document in writing that states what the company has offered you. Some companies ask new hires to sign an agreement that they will pay back or cover moving expenses if they don’t remain employed for a specified amount of time.
