I’m lucky to be able to work from home, which gives me the freedom and flexibility to move wherever I want. Recently my partner and I packed up our Boston apartment and moved to a rural area in Michigan to enjoy a slower pace of life.
As an added plus, moving to the country has already saved us a significant amount of money. Because the cost of living is lower and there isn’t as much to do as in the city, we’ve been going out a lot less and investing more of our hard-earned money.
Here are all the financial benefits I’ve experienced since moving to the country.
Lower Cost of Living
I knew that living in the city was expensive, but I didn’t know just how much money we’d save by moving to a lower cost of living area.
Instead of renting, we were able to buy a house that was triple the size of our old apartment. It’s also on 10 acres of beautiful forested land.
Our mortgage payment is a whopping $650 less than our rent was back in Boston. So not only do we have more space, but also more cash in our pockets every month.
Surprisingly, the savings don’t stop there. Our car insurance payment is also lower, and we’ve noticed that groceries and restaurant meals are more affordable too.
Fewer Places to Eat and Shop
Although eating out is more affordable here in the country than in Boston, we’ve noticed that we’re not going out to eat as much.
There are far fewer restaurants and places to shop here. To get to a mall, we have to drive two and a half hours, and we’ve only discovered a few restaurants we really enjoy.
With less to do in town, we’ve been finding ways to entertain ourselves at home instead, which has already saved us a couple hundred dollars.
Our house has a wood-burning furnace as well as a central heating system. The previous owners were kind enough to leave behind firewood from the property for us so we could start using our furnace right away.
By burning wood from our land instead of relying on our central heating system, we’re going to save at least a few hundred dollars on our heating bill this winter.
We also have an artesian well, which is common for rural homes. Because we get our water from the well instead of the city, we no longer have a water bill and are saving about $50 per month.
Although there’s still snow on the ground, we’re already preparing for the gardening season by planning out our vegetable patch and purchasing seeds. My partner plans to grow 80% or more of our produce this summer and preserve it for the year ahead.
Before we moved here, we shopped at Whole Foods and spent a lot of money on food—around $600 a month. By purchasing organic seeds and growing our own healthy, organic produce instead, I anticipate that we’re going to reduce our food bill by $400 per month or more.
Moving to a rural area definitely isn’t for everyone. But thanks to my remote job as a freelance writer, my partner and I were able to make our dream of moving to the country for a more relaxed lifestyle a reality.
And in the process, we’ve saved hundreds of dollars in the short time we’ve been here. In the long run, moving to the country may turn out to be one of the best financial decisions we’ve ever made.