5 States That Will Pay You To Leave Florida
Housing and insurance costs in Florida have been skyrocketing. Add in to that, a heavy dose of inflation and it’s getting very difficult just to get by. Yes, the current inflation rate is down, but that just means it’s slowing, prices aren’t coming down. So maybe it’s time to check in to other options. And by that, I mean incentives. I found 5 places that will literally pay you to move there. So if you have a job that you can do remotely, here’s some places you can check out if you’re willing to leave Florida.
These are not retirement options. These are cities that are willing to give you money in exchange for working, and adding to their local economies. But you won’t just be trading in the beach, you’ll be giving up Florida’s zero state income tax policy. All of these places will have a state income tax in the .25 – 6% range. Some will have local taxes, too. But what you will get is lower priced housing, cheaper insurance, no hurricanes, and likely, more money in your pocket.
Makemymove provided the details on locations that will pay you to move there.
It pretty much boils down to – do you have a full time job that you can work remotely? And – are you ready to leave Florida to move there?
West Virginia. The state’s program is called Ascend West Virginia. If you can check the boxes, they’ll give you $12,000 + a year of free outdoor recreational activities. Ready to trade in Flat Florida for a life in the mountains? There’s actually a new community just outside New River Gorge park that looks pretty incredible, and they’re looking for people to move there.
Oklahoma. Their program is known as “Tulsa Remote.” If you can adapt to the cold, they’ll spot you up to $10,000 to come live and work there. And that $10K will go a long way. Houses in Tulsa are a lot cheaper than anything here in Southwest Florida.
Kentucky. Owensboro, Kentucky wants remote workers that make $60K+ a year. Here’s their offer: $5,000, free coffee and donuts, and banjo lessons. There’s other things in there, too, but those are the biggies. Another plus is that houses in Owensboro are super cheap. I found a fully renovated (and it’s nice) 4 bed, 3 and a half bath, 2,700 sq foot home for $380,000. The basement looks like a nightclub. This house would be a mil + in Southwest Florida. Even without the basement.
Clearly there’s a theme that if you want money to move, it’s going to be somewhere colder than Florida.
Indiana. Greensburg has an incentive package that includes $5,000 plus a program they call “Grandparents On Demand.” They have a couple that offer babysitting hours and will attend school events for you. If you’re working from home, surely you can occasionally skip out to see your kids play, right?
Kansas. Topeka isn’t playing. They want you there. And their program isn’t just for remote workers. Find a job in Topeka and they’ll pay you to move there. Up to $10 grand in cash for renters, and $15,000 if you’re buying a house. Some of the businesses will also chip in money as well. You can get up to $22,500 if you take a job in Topeka and move there. Housing there is crazy cheap, so if you’re looking to reduce your monthly payout, this may be a spot to check out. But, before you get ready to leave Florida, there’s some weather. You’ll be trading in hurricanes for tornadoes and snow. Hopefully not at the same time.
If you want to stay in Florida, but are looking for someplace less expensive, here’s some ideas.
The Most Affordable Cities In Florida to Buy a House