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The mainland US is in crisis with rising rents/home costs, inflation, homelessness, and high costs of living in general. I personally know several people at my job thinking of moving to Puerto Rico for cheaper rents and lower cost of living. I myself have thought about saving up money and moving to the Northern Mariana Islands (Saipan) for the same reasons. I can rent a nice 2 bedroom apartment in Saipan for $500-$700 a month, such a thing is impossible nearly anywhere else in the US. I predict the U.S. territories will see a population influx from the mainland in the coming years.
The mainland US is in crisis with rising rents/home costs, inflation, homelessness, and high costs of living in general. I personally know several people at my job thinking of moving to Puerto Rico for cheaper rents and lower cost of living. I myself have thought about saving up money and moving to the Northern Mariana Islands (Saipan) for the same reasons. I can rent a nice 2 bedroom apartment in Saipan for $500-$700 a month, such a thing is impossible nearly anywhere else in the US. I predict the U.S. territories will see a population influx from the mainland in the coming years.
there are lots of places on the mainland that are not experiencing a crisis. I do think with remote work there is an opportunity for the territories to gain additional population through QOL where people can live in expensively but also in locations that simply don't exist on the mainland but still retaining their income.
there are lots of places on the mainland that are not experiencing a crisis. I do think with remote work there is an opportunity for the territories to gain additional population through QOL where people can live in expensively but also in locations that simply don't exist on the mainland but still retaining their income.
Yes but need reliable hi speed net and electricity too
Yes but need reliable hi speed net and electricity too
I can't speak for the other territories but despite PR's problems, high speed internet is decent there, and for now, the price of a generator to fill in the gaps is manageable but I agree, other than providing an environment in which companies can succeed, fixing the state run energy problem is enormously important. they are losing customers as the cost of generating your own power declines, companies are starting to do just that...and so too those with the means to do so. it struck me that tesla has a prominent sales booth in the ponce mall which is not exactly the mall of san juan or plaza las americas. I wonder how much business they are doing there.
standard of living would be lower ,but cost of living could be higher if you expect to receive the same amenities like no interruption to your electricity,phone,cable,PR airport has only one flight /daily .
goods brought in could cost you more-coffee,ice cream,pizza,pies,are they like Hawaii.under the Jones Act,ships must carry US flag and US staff,thats why toothpaste,frozen foods and other consumer goods from mainland cost more in HAWAII.
IF YOU want some work to be done by locals,do they have the same skills and promptness?do they have outdated skills and tools?
you will be paying more for gasoline,but you wont be driving much,but the heat?your A/C bills would be much higher.
also those places like PR,Guam have hurricanes and few places to hide
standard of living would be lower ,but cost of living could be higher if you expect to receive the same amenities like no interruption to your electricity,phone,cable,PR airport has only one flight /daily .
goods brought in could cost you more-coffee,ice cream,pizza,pies,are they like Hawaii.under the Jones Act,ships must carry US flag and US staff,thats why toothpaste,frozen foods and other consumer goods from mainland cost more in HAWAII.
IF YOU want some work to be done by locals,do they have the same skills and promptness?do they have outdated skills and tools?
you will be paying more for gasoline,but you wont be driving much,but the heat?your A/C bills would be much higher.
also those places like PR,Guam have hurricanes and few places to hide
coffee is produced in Puerto Rico and have not found it more expensive there. electricity is more expensive than most of the US, similar to NewEngland (which has the same issue, no natural resources and no pipeline so it has to import from trinidad and other places). While Jones Act does limit choices and increases expense, from that I can tell, San Juan port modernization has helped drive down cost of goods sold. of course, PR and the USVI are simply much closer to the mainland US so any of those issues may be magnified over longer distances.
Yes but need reliable hi speed net and electricity too
True. I was surprised at how many parts of the mainland do not have high speed internet at levels that I expect. I now understand why Elon Musk's StarLink is a gamechanger for many.
How about Mexico,some have moved to medium size inland MEXICO town which have lower rent,public transportation and no drug cartel?
Does such an area truly exist?
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