Moving Back to the Midwest

Growing up in the Midwest, everyone always says that they can’t wait to leave. However, studies show that people are moving back to the Midwest in record numbers and there is good reason why. In this video, I will briefly cover why so many people are making their way back home and moving back to the Midwest.

Moving Back to the Midwest - Leaving the Coasts After the Pandemic

Why So Many People Are Moving Back to the Midwest

As a realtor in the Greater Cincinnati area, I live and work right smack in the middle of the Midwest. Recently, I saw a statistic that stated that while several cities around the country are experiencing record lows in terms of housing inventory coming out of the mandatory lockdowns due to the COVID-19 virus. Cincinnati is most certainly one of those cities, we are experiencing some of the lowest inventory that we have seen in about 40 years. However, on the flip side, some cities such as Manhattan are experiencing a turn in the amount of vacant apartments. As of now, the number of vacant Manhattan apartment rentals has tripled to an astonishing 16,000.

So, what does that tell us? In my opinion, it should that people are making the choice to leave the big cities such as New York, San Francisco, Seattle, and other east coast cities and coming back to the midwest or cities where the cost of living is significantly lower. People are making this move for several different reasons. Considering the pandemic and the rioting, many people actually just feel safer moving from these “hot zone” areas to a smaller, safer city.

Cost Of Living in the Midwest

Another reason that people are moving back to the Midwest is the cost of living of the Midwest cities compared to bigger cities. Midwest cities such as Columbus, Cleveland, Indianapolis and Cincinnati (where is live) have the same feel and opportunities as the bigger cities but the cost of living is SO much more affordable. Not to mention, several companies have switched to doing business virtually. This gives people the opportunity to keep their big city jobs and move back to the Midwest where life is much more affordable.

Coming out of the pandemic, with many people working virtually from home, people are beginning to realize that it doesn’t matter where they are doing their work from as long as their work is getting done. Many of these people are also coming to the realization that these large, overcrowded cities are not necessarily convenient when it comes to social distancing. This alone is good enough reason to leave and come back to the Midwest.

Aside from the safety aspect of living in a big city, money is also a large motivator to move back to the midwest. As i mentioned before, the cost of living in the Midwest is significantly lower than living in other large cities. While this means that you will have more money in your pocket, it also means you can get a lot more house for your money. Whether you are renting or own a home in the big city, I can almost guarantee your monthly rent or mortgage will buy you A LOT more space in a Midwestern city.

Extra Money in Your Pocket $

I know you are probably now thinking “man, if my cost of living is going to be significantly lower, what am I going to do with all of this money?”. Well, your options are unlimited! There are so many fun things to do in these cities such as great restaurants, a fantastic nightlife, and beautiful museums. You will truly never get bored if you decide to move back to the Midwest.

If you do find yourself missing the big cities, you will now have extra money in your pocket to travel. Where before you may have been living paycheck to paycheck, you will now have access money to travel. If that is not your thing, you will have access money to buy your dream gaming system or fun art projects! Either way, you will be able to spend less on your housing and more on what makes you happy.

In conclusion, if you are thinking about coming back to the midwest and need an Expert Cincinnati or Northern Kentucky real estate agent, give Team Sztanyo a call! We would love to help you find the perfect neighborhood or area right here in the Midwest! We hope to hear from you soon, (513) 813-6293!

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