Why Your Wallet Will Thank You for Moving to Minneapolis

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With the job market the way it is, more and more people are willing to move in their search for jobs and for affordable housing. If you are considering such a move, you may be thinking of big cities like New York or Seattle. But don’t be fooled – while there are more jobs and higher-paying jobs in these areas, the cost of living is also much higher. So, in practical terms, you won’t gain much, and if you don’t get a job right away, you’ll be in a much tougher position. Instead, your focus should be on somewhat smaller urban areas in the middle of the country, especially the Midwest. To be specific, Minneapolis is the place to look if you want low living costs and a good chance at a high paying job.

Minneapolis Apartments
Minneapolis Apartments

As of October 2013, Minneapolis has the lowest unemployment rate of any metropolitan area in the country – only 4.1 percent. Obviously, that makes it a pretty desirable new home already, as the problem is getting a job, or at least a job in your field, as often as it is the pay. Even better, Minneapolis is the only city in the 15 top high-income cities in the U.S. to be located in an area with low living costs, rather than a more expensive coastal region. All this means that not only are you more likely to get a job, but the job will likely be higher paying – and that money will go further than it would most places where a job paid that well.

One example of that last point is housing costs. You can rent an apartment in Minneapolis for substantially less than you could find an apartment of equal quality in many other cities, even though it is the urban center of Minnesota. One month’s paycheck can go a lot further in regards to how nice of an apartment you can afford. Having a nice living space is important. Your home is where you de-stress from the day, and living somewhere that has maintenance issues won’t help you relax.

Choosing an apartment also gives you prime access to central areas of the city, so you don’t have to travel far to get to work or to enjoy the many attractions Minneapolis has to offer. There are many apartment communities right in the downtown area. Being able to get into downtown buildings quickly also allows you to enjoy the benefits of walking without having to brave the cold. Many buildings are connected by skyways, so you can save money and get exercise without having to deal with the infamous Minnesota weather any longer than it takes you to get from your apartment to the nearest connected building.

While moving a long distance for a job isn’t usually thought of as a purely economic decision, your wallet will thank you for moving to Minneapolis. Check out our budget friendly and casually elegant apartment home options in Minneapolis by clicking here!