Get Used to the More Expensive City Before You Move, With a Trial Budget
Chances are, your biggest expenses are housing, transportation, and food . In most cities with high cost of living, all three of the already high costs are even higher. If you’re planning to move to an expensive city, prepare your hit budget with a trial run.
I did this before moving to Los Angeles. I knew I would pay almost double the rent, and I wanted to save money on the move. To create a savings cushion and get used to overpriced spending, I calculated how much more I could spend in Los Angeles and saved that amount instead.
Granted, this tip isn’t for everyone, but if you can swing it, it’s a great way to get used to your new budget. This is ideal if you still want to save money on the move. Paying yourself the difference will give you an idea of how much you will be working financially when you move.