[JavaBrewer]

Originally posted by pbs911
Here is my situation moving from So Cal to SE Florida, well thought out IMO.

Housing
Comparible homes @ 2000 sq.ft., within 2 miles of ocean, 3 bd/2bth, 2 car garage, pool

So Cal: $1.2m
Florida: $ 325k

Savings: 75% or about $875k.

Sales Tax

OC 7.75%
Florida 6%

Savings: 1.75 % on all purchases

State Income Tax

California: 9.3%
Florida: 0

Savings: 9.3% of all earned income.


Just in tax I save 11.5% of my income by moving out of So Cal. Add another $875,000 saved on housing and you have 86.5% decrease in the cost of living. I would really have to take one heck of a paycut to come out behind. I doubt my salary or anyones would go from $100k to 13,500.

This doesn't include the benefits such as leaving overpopulated So. Cal, the worst traffic in the country, a 18% greater chance of contracting cancer based upon breathing So Cal. air, a cold, crowded and polluted ocean. Its no wonder that 400,000 California's will move out of the state this year. California has demonstrated an unprecedented emmigration level unmatched by any state.

Two words, humidity and hurricane. Unlike the killer CA earthquake those two come round every year like my bend over physical. Seriously best of luck in FL. The few times I've been there I enjoyed visiting.