Make a move to live well — for less

Dominate the competition

Ah, summer. The time of backyard barbecues, trips to the beach — and moving. Approximately 40 million Americans move each year, and nearly 45 percent of those moves occur between Memorial Day and Labor Day.

Although moving can be stressful, moving to a more affordable city may also be the massive action that you need to fast track your way to financial freedom. The cost of living, state taxes, and, of course, your earning potential, all influence your financial future. But you don’t need to sacrifice your quality of life in order to build your money machine.

While many city dwellers cannot imagine leaving their beloved New York City or San Francisco, their loyalty will cost them. If that New Yorker living in Brooklyn, earning $100,000, moved to Buffalo, New York, she could maintain her standard of living at just $59,452!

There are so many metrics and methodologies to consider before moving, but this calculator can show you what your cost of living would be in a new city compared to where you live now. While not an official ranking, we have assembled a list of 10 American cities that have proven in the past two years to offer a high quality of living without slowing down your money machine.

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