Announcing My Geoarbitrage Resources Page

Geoarbitrage can be defined as taking advantage of an area with a lower overall cost of living to save money and thus build wealth.  It’s a great strategy if you’re striving to reach financial independence as it can help you get there much faster. 

But it’s also a smart tool to use once you’ve achieved FI or have retired since a lower cost of living area will allow to you stretch your money further.

Many factors contribute to the cost of living of a particular area.  Taxes and housing costs probably come to mind for most, but total costs comprise far more than that.  I constantly hammer home the fact that housing, transportation, and food (aka “the big three”) are the biggest expenses for most in America.  The data are clear on that. 

But, that’s the case for most people, not all.  If you’re considering a geoarbitrage move I suggest you take a hard look at your expenses, find your top three, and prioritize accordingly.

And then of course there’s the earning side of the equation.  Salaries and benefits for virtually all professions vary wildly by location, and making a move to another area can boost your earnings tremendously.

It’s Not Just About The Money

Many other factors not directly related to finances such as school quality, access to public transportation, recreational opportunities, crime, and climate of course must be considered. 

After all, if you’re serious about making a geoarbitrage move you’re choosing a place to live, not just one to save money.  And there’s no point in choosing an area to live in if it doesn’t make you happy overall. 

Ultimately, making an effective geoarbitrage move requires understanding the variances of costs and opportunities across geographies.  And being that geography is what I do for a living, I’m always on the lookout for great online resources that effectively show data in a geographic context. 

So, I’ve compiled the best websites I’ve found to help anyone considering making a domestic geoarbitrage move in the United States.  And I’m selling them in a new ebook for the unbelievable cost of $49.99 – order now!!  Haha, just kidding…..

You can find them here on my new geoarbitrage resources page, start exploring. 

Not making a geoarbitrage move anytime soon?  That’s okay, these tools and resources can also be used by others. 

Are you living #vanlife or the nomadic life in an RV?  These resources can help you find places to temporarily optimize parts of your life such as education or taxes. 

If you’re a landlord and are taking the real estate path to FI there are lots of resources to explore the differences in the housing across America.  Or perhaps you’re like me and just want to explore data and trends because, well, you’re a bit nerdy. 

I have posted about some of these tools in the past and if so I’ve included a link to my post with the tool so you can read more about it. 

I hope you find this new resource valuable, and if you or someone you know is considering making a geoarbitrage move please use them or pass them along.