Thursday, March 08, 2007

Small Towns Mean Small Costs

This article suggests moving from a more populated more expensive area into a small town where the cost of living is much less. So would moving to West Virginia be the best thing for everyone to do, since the cost of living is much less there than most other places in the United States. I say no, sure it is good for some people to move from the big city into a small town, because they are starting a family and need the extra space or are changing jobs and won't have as much income. If everyone follows this trend though the cost of living in these areas will eventually go up and everyone will be stuck in the same situation and this moving in and out of low cost of living areas will become cyclical. A few factors deterring people from this are you are farther away from shopping malls, major cities, and entertainment options. Do these three factors effect everyone the same or will they eventually become disgarded because benefits from a lower gas price and cost of living outweigh the entertainment benefits?

4 comments:

Matt Dutko said...

I think that for some people the three factors listed will not even matter. I would imagine that many people do not care how close they are to entertainment options, as long as they are able to get the things that are necessary to them they will be happy. So obviously I feel that people are going to respond differently to the choices they may have to make.

krysten12 said...

For every family, different factors play a role in their decision on where they live. If people are going to relocate from a large city into a small city, they will witness a cut in pay. Of course, in small towns there is a lower cost of living, but what happens when you want to move out of the small town into a larger city or suburb? In the time period that family has worked in the small town, their savings will be less than if they had stayed in a larger city. Also, I do not believe that entertainment options deter people away from small towns. The extra 15 minute drive to the movie theatre is not excruciatingly painful for a family who is in dire need of entertainment.

Heather Paige said...

Also, I'd like to raise the question of jobs in these small towns. If the cost of living is low, generally there are few high-paying jobs in this area. Sure, coming in from a large city would be nice at first with the money you have made there, but the lower-paying jobs will catch up with you after a few years. Perhaps it would only be best to take advantage of this low living cost when you are retiring into the small town.

lauren yoder said...

I too believe that if everyone sees living in a small town as a good opportunity, the small towns will fill up and become large towns. This points back to what we learned about before the first exam. Sure the costs will be small at first but eventually they will rise because the demand in the town will rise. This is of course assuming there is a large flock to the small towns.