Did anyone move out of Cali for a lower cost of living state and then moved back to Cali? (Napa: mortgage, how much)

[Finper]

Originally Posted by Vic Romano

Misinformation and generalizations.



I actually live here so screw the calculators. I gave my opinions based on ACTUAL experience. I even agreed with you on a point or two. So if you can provide specific information to dispute my claims and can back that up, have at it.

Why are you comparing with OC? Why not compare to Sacramento? Fresno? Bakersfield? IE? First you say CA then you use one of the most expensive areas in the state to compare to Reno? Stop moving the goal posts for your convenience.

I picked OC because it's where I live and I know how expensive it is to live here. It's not my problem if you don't believe the calculators that's specific information you just have actual experience.

[Electrician4you]

Originally Posted by fluffythewondercat

OK, just checking. I wasn't suggesting you sell your rentals. You shouldn't have to pay CA tax once you're a resident elsewhere if you take some precautions.

California doesn't just let go of the tax revenue once you establish residency in another state, if you still have property inside California. A long-term lease on the CA property will be accepted as one proof that you are domiciled elsewhere. The important point is to not return to California, even to visit, and stay in one of your vacant rentals.

Here's a good list of actions to take that prove you are domiciled outside California:

https://www.halversontax.com/residency-domicile-issues/

As always, check with your tax attorney.

Oh yeah I would definitely make sure that I minimize my tax burden. I just know once you sell you rarely can buy back in. I would like to move somewhere else but unfortunately I’m pretty entrenched in Ca with work and my business with the rentals. I wouldn’t want to hire a PMC and I’ve done the long distance rental management and it doesn’t work too well.
I appreciate the link and the info.

[Finper]

Originally Posted by pacific2

Interesting since, according to this calculator, using a $75,000/year household income (Single adult) in LA as the basis, it costs about 13% less to live in Phoenix. The individual moving from LA would need to make $65,265 in Phoenix for a comparable lifestyle.

The Cost of Living in California
Amelia Josephson May 28, 2019
https://smartasset.com/mortgage/the-...-in-california

I think it makes sense for people who cannot afford LA to move to a lower COL area, but they be in for a surprise in terms of anticipated savings if they move to Phoenix. Maybe they should check other lower COL areas.

I didn't see a calculator on that website?? The one I used said phx is 34% cheaper then OC in COL.


I do agree that phx is going up in col though. I'm dying to buy a house there because it's quickly turning into CA East.

[Vic Romano]

Originally Posted by Finper

I picked OC because it's where I live and I know how expensive it is to live here. It's not my problem if you don't believe the calculators that's specific information you just have actual experience.

Okaaayyyyyyyy...

So now we're down to 34% between Phoenix and OC.

When you declared it was 50% between AZ and CA, did use use Nogales and OC???

[Tulemutt]

Originally Posted by Finper

I didn't see a calculator on that website?? The one I used said phx is 34% cheaper then OC in COL.


I do agree that phx is going up in col though. I'm dying to buy a house there because it's quickly turning into CA East.

You can’t stand California west ... so how do you expect to be happy in “California east”?

[pacific2]

Originally Posted by Finper

I didn't see a calculator on that website?? The one I used said phx is 34% cheaper then OC in COL.


I do agree that phx is going up in col though. I'm dying to buy a house there because it's quickly turning into CA East.

The calculator is near the bottom of the page. Yep, you had better move fast if you want to buy a house in Phoenix, because it seems that prices are on the upswing.

[Finper]

Originally Posted by Tulemutt

You can’t stand California west ... so how do you expect to be happy in “California east”?

because I'll be over state line in another state and can flip CA the bird. If housing goes up in AZ like CA (Ca's only redeeming feature) I'd be very happy to buy real estate there.

[DinsdalePirahna]

I moved to the Saint Louis Area in 2008. Bought a nice 4 bedroom home on a Lake, in a nice community. The problem was that once you were outside of that community, you were surrounded by Missouri. I absolutely hated everything about the place.

Move back to CA two years later, and couldn't be happier.

[Tulemutt]

Originally Posted by Finper

because I'll be over state line in another state and can flip CA the bird. If housing goes up in AZ like CA (Ca's only redeeming feature) I'd be very happy to buy real estate there.

So you'd be happier where you are now if you owned a house? That’s the difference? Because if AZ becomes like California (east) you’ll be living in the same kind of cultural and economic climate in a worse climate climate but in a house instead of a condo.


Hmmm.

Have you considered Nebraska? Not going to be a lot of Californication there ...

[509]

Originally Posted by Tulemutt

Yes. And further, even IF electricity would run $2,000 a month for summer cooling or winter heating, it wouldn't for 12 months a year. Extreme HVAC might be 3 months a year? Then there is the option in most of California to run solar. Given those hypothetical numbers, major solar installations would pay well. There are also other ways to compensate by using propane / natural gas, as mentioned.

But bottom line is: if that electricity cost was accurate, no one would be running electric anything much from the grid. 509 has something mixed up in this case.

Nope...nothing mixed up in this case. At my eastern Washington home, I pay 2.7 cents a kilo-watt hour. The campground I stayed at passed on the PG&E costs directly to me. The base rate was something like 17 cents a kilo-watt hour. At that time Tier III rate was 37.5 cents a kilowatt hour. The math was pretty straight forward.



Electric rates don't seem as high in California, because lots of people use natural gas for heating. However, when I lived in California I knew lots of people with all electric houses in the Sierra's and rural areas. Natural gas doesn't work in rural areas and propane is much more expensive than natural gas. My house in eastern Washington is ALL ELECTRIC.


If I lived in California I would disconnect from the grid and run solar.....which is by far the most expensive electricity. I know I have a off-grid house in the mountains.



BUT a solar installation, combined with conservation and right choice in fuels easily works in California.


If I had a house in California, I would disconnect ASAP. But most people in California don't have a clue when it comes to alternative energy.



I might have to run down to the PUD and have them provide me with the electricity costs over the entire year.


We heat during winter....lows 10 highs 30.



Spring and fall are perfect lows 50's highs 70-80. Lots of the time the heat or air conditioning doesn't even come on. Sunny days heat the house through the windows easily, in summer the outside blinds come down.



Summer highs 85-95 lows 60-70. Air conditioner does run a lot.


All hot water, fridge, etc. runs on electric all year. Our lowest electric during spring and fall are in the neighborhood of $30.


House is 2400 square feet.


People in California have very little clue about how the rest of US lives!!