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In the event that you're staying in the same neighborhood or community, estimating the cost of living in another home should be fairly easy.
If, on the other hand, you're relocating to a new area, don't make the common mistake of neglecting to consider possible changes in your overall expenses. Many people simply assume that their finances 'will work out' while others fall prey to wishful thinking: 'Because housing costs are lower in the area we're moving to, I'm sure we'll be financially better off.'
We wish life was that simple, but unfortunately it isn't.
