We live in MA, but dh recently got a job (yay!) in CT. His commute is about 11/2 hrs each way. I have family that lives in CT, so he has been staying with either my brother or my mom a couple of nights a week and coming home to us mid-week and on the weekends. Not ideal, but it's working as a short term solution.
When he got the job, his boss told him he never hires out of state bcs the commute time kills efficiency and energy. We had been talking about moving back to CT anyway, so it was a non-issue. But now it is looking more flexible.
Anyway, we want to make a smart decision and make sure we have considered everything thoroughly before we make the jump.
DH's take home is about $4500/mo. There is supposed to be a performance bonus, but until I see it, I don't want it to factor in. And we won't see it for awhile (if at all - excuse the skepticism)
COL is considerably higher in CT. We are currently renting a 3 br house for $1275. All the houses we have seen on Craigslist are between $1600-$2000.
We are currently on MassHealth and I believe the threshold is $75k for a family. If we move to CT we will lose that. Our acct. says kids might be eligible for "Husky" in CT, but dh and I wouldn't be. Employer will cover 50% of health ins, but this is still in the works and I don't know what the plan looks like.
We are currently participating in WIC and reduced lunch. We had a horrible year last year and dh has had no income until this week, so unless the bonus becomes reality, we will still qualify for these programs, I believe.
School are better in CT, I have family in CT.
With all the driving dh would be doing if we stayed here, and with gas over $4/gallon, the money we'd save in gas might make up for the rent increase. But I'd like to follow the 25% rule of thumb for housing costs, and I don't see that being possible.
With all his driving, though, he has significant tax write-offs .
We want to make sure this job "sticks" before we uproot our family, but the reality is that we live in a very isolated area, and if the job were to fall apart, being in CT would put us closer to many more job opportunities...
Sorry this is so long, and I know there is a lot to consider, but if you have any thoughts, I'd REALLY appreciate your input!