Suddenly I didn't mind seeing zeroes falling off the salary.
Suddenly I didn't mind seeing zeroes falling off the salary.
A better move would be to move laterally, to a place with the same benefits that the one you are in gives you, be it leisure activities or a network for your field. That might limit you to metros, and particular metros that are most favorable to your activities (skiers might like CO, sailors might like FL). Suddenly your options become limited, and you find among these limited choices the same housing issues that have plagued states like CA as demand ramps up, because everyone had the same idea as you. No city in the U.S. actually builds sufficient supply for their influx in labor; even the ones that we applaud are doing quite poorly in terms of how much housing should be built and where. The ones that don't seem to have a housing crisis are experiencing a contracting local economy, and that doesn't bode well with your networking prospects and career options.
And of course by moving outside a greater metro area, you're also saving money by choosing not to consume any amenities of private schools, airports, large hospitals, high infrastructure recreation, etc.
And your IQ drops by 50 points. Instantly. It's weird.
As far as airports go, there are two connector airports about an hour away, to the northeast and west, and a major hub two hours east. (As it turns out, even when I've lived in major metropolitan areas, I've never been closer than an hour to an airport.)
There are two regional hospitals relatively close (plus trauma helicopters if you need that sort of thing). Then there are major hospitals an hour west, plus Birmingham and Nashville---both of which I've known people to go to for specialized care.
I honestly don't know what you mean by "high infrastructure recreation"; if it's outdoor sporting and recreation, it's as good here as anywhere (and fishing is better than most).
There is a dearth of bars and live-music venues, but then I didn't partake of those even when I had easy access.
So, when you write "And of course by moving outside a greater metro area, you're also saving money by choosing not to consume any amenities of private schools, airports, large hospitals, high infrastructure recreation, etc." you seem to have a very wrong idea of life outside a "greater metro area", one that is either extremely naive or deliberately insulting.
And I'm not irritated, just cranky.
There are network effects as well. I live 15 minutes from an airport with daily direct flights to the my parent’s home country. There are only a few such airports in the USA. Places with that kind of infrastructure also tend to have other valuable infrastructure. So even though I don’t benefit from the live music venue 2 blocks from my home, it’s part of the deal of being able to return home on short notice in emergency.
Keep in mind: that asset your company is paying for can be sold and the difference will be kept by the employee, which will let them set themselves up for a much better retirement in a lower cost of living area.
It reminds me a bit of the SF Giants. They couldn't pay high salaries because they had to pay for their ballpark. But the value of that ballpark is part of the value of the club, which would be realized if the owner ever sold it. So it still was a lot like the owners pocketing the money. But not exactly.