For many people, a long daily commute leads to stress and less time than they would like for sleeping, relaxing with family and friends, and enjoying hobbies. Over time, a long commute can affect an individual’s health. In addition, the wear and tear on a vehicle and the cost of gas or the price of public transportation can add up. Sometimes the best solution is to move, but in other cases, finding a new job is a better choice.
Is Moving the Right Option?
Finding a new home that is closer to your job, has all the features your family needs and wants, is in a community you like, and is in your price range might be difficult. If you work in a city, real estate would most likely be more expensive in and around that area than in the suburbs. You might be able to find a house you love with a shorter commute, but your mortgage payments could rise significantly, and you could wind up trading your stressful commute for increased financial stress.
To decide if moving would make sense, consider how much you owe on your current mortgage and consult a real estate agent to find out how much your house might sell for. If you love your home and you would not benefit much financially by moving, you might be better off staying there.
Could You Find a Good Job Closer to Home?
If you find your current job professionally, financially and personally rewarding, you might be better off keeping it than looking for a new one. If you are unhappy with your current job or salary and believe your professional and economic prospects would be better with another company, looking for a new job would make sense.
Your ability to find a job in your field with a comparable salary might depend to a large extent on your occupation and where you live. If you have a skill set that could easily be transferred to another company and there are several other local businesses where you could perform similar work, you would probably have more success making a job move than you might if you had specialized skills that were in limited demand.
Figure out What’s the Best Option for You and Your Family
A long commute can wear you down, keep you from spending as much time as you would like with loved ones and affect your health. Whether you should move closer to work or look for a new job will depend on how much you like your current residence and current job, your financial circumstances, and your chances of finding either a comparable home at a similar price or a job in your field where you would earn at least as much money as you do now. Look at real estate listings and employment opportunities in your area to figure out which is the right solution to your stressful commute.