Costs are going up everywhere, and we’re paying more to live. But what if you could get paid to live somewhere?
In this episode, we talk about:
- What are the 6 US cities that'll pay you $10,000 to work from home there!
- Why these cities are paying people to move to their cities and work remotely.
- Why it can be a good idea to move to these cities to leverage your remote work salary and the low cost of living.
Ryan and Hannah also talk about a city that will also give you a mountain bike along with the cash incentive just to move there!
Enjoy the episode!
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Ryan: Aloha folks and welcome back to degree free. We are your host, Ryan and Hannah Maruyama.
On this podcast, we share fundamentals we've discovered and the mistakes we've made. All self-educating getting work, building businesses and making. We'll tell you how to make it happen. No degree needed.
Hannah: Welcome back to the podcast. Everybody. We are happy to have you here with us listening as always, if you wanna get more Degree Free, 'cause who doesn't want more degree free Ryan and I send out a newsletter once a week.
It has degree free resources, degree, free jobs, companies that are rolling back degree requirements and stuff that we think is cool, and if you wanna get it run, don't walk over to degree free.ceo/newsletter and sign up to get it in your inbox once a week.
Ryan: Awesome, let's get into today's episode. Today, we are gonna be talking about six US cities that will pay you over $10,000 to work remotely
Hannah: 10 grand people.
Ryan: Yeah. And I guess we should time stamp this in 2022.
Ryan: Yeah. So
Hannah: as of right now,
Ryan: as of right now, so.
Hannah: Do with this information, what you will,
Ryan: We thought it was interesting though, because costs are going up everywhere and everybody's paying more to live in general.
And this is just an interesting thing that there are places that are willing to pay you to live if you work remotely. And this is brilliant because a lot of smaller towns are trying to widen their tax base. And a lot of people are going the opposite way. They're moving into city. I mean, this is how it's always been, or it's been for a long time in order to get work, you move into a bigger city.
Hannah: The young people, go to the big city,
Ryan: Right? You, well, you go where the work is, and normally that's bigger cities.
Hannah: Right. And that's where the higher paying jobs are, but now with the rise of tech and remote work. You can work wherever you want, as long as the internet is fast enough.
And so what's happened too. I believe that's contributed to, this is there's been a push to award money to rural towns, rural townships and counties that want to revamp their internet so that if they wanna lay down fiber. Fiber optic internet and get fast internet where they are. There's grant money available for them.
So I think that's, what's contributed to this as well. So on top of them getting grant money to incentivize these workers to come there, they've also been able to revamp what they need to have there in order to attract their remote workers. So it's just very interesting.
Ryan: Yeah. And this episode is gonna have a lot of resources. And so we'll put all of the links to the show notes on our website degreefree.co/podcast. So we'll put all of the show notes on our website degreefree.co/podcast. And you can see the six US cities and the different restrictions or the ways in which it can be awarded this money, these grants or subsidies, whatever they are.
Cause every city handles it differently. And we'll get into that.
Hannah: Mm-hmm and then keep in mind too. Some of these are towns and some are cities, which is good, cuz depending on what you're looking for outta life, like maybe you want a small town lifestyle, which I think now some people are becoming more attracted to that.
And so they want to move somewhere where there's a little bit slower. There's a little bit slower living, but they wanna keep their income. And so this is just gonna give you, this is the lay of the land as it is right now.
Ryan: Yeah. And so I guess we touch on it, but I kind of wanted to, before we get into the six US cities, I kind of wanted to talk about why would these cities do this?
Hannah: They want your tax money.
Ryan: Yeah, exactly.
Hannah: And they also want you young because a lot of these towns are old. That's another thing. they are lacking, they're lacking in businesses and they're lacking in businesses because they lack young people because a lot of young people leave and they move and they go to the city.
And so what they're doing is they're trying to backfill their youth basically. They're young people who do the most of the work by attracting remote workers, because it's the easiest to set up remote workers. And it's not as easy to invest that money on people who are building brick and mortar businesses.
And not only that, do they want your tax money, but you also by living in a place, you spend money in that area too. So you go and buy groceries at the local grocery store, you pay rent, you buy a house, you
go out to eat,
Ryan: go out to eat. Exactly. And so that money is coming in. They wouldn't have gotten that money. Any other way to that com that money is coming in. For basically free for them. I mean, not free,
Hannah: but they're investing in you.
Ryan: Exactly. It's not free cuz they're paying you.
But yeah, exactly. Right.
They're investing in you knowing that or hoping
Hannah: that you'll stay
Ryan: you'll stay or that the investment will pan out for them that you'll spend either in tax revenue or in building businesses.
Not building businesses, or maybe building
businesses, but no,
Hannah: some of it is to attract startup founders too, because they'd love to have, right. Because you take up, no space basically.
Ryan: What I meant by that though, was not building businesses, but spending money at businesses.
And then that indirectly affects their tax base because revenues go up.
And so it's like, it's a win-win for them. It really doesn't hurt them to do this, especially since a lot of the money's been federally awarded, so they have to give it away. Yeah. So why wouldn't they just give it to you.
Ryan: And, for this episode, we did find a good resource on makemymove.com. It's geared towards remote workers, but offer specifics on every town, and then we went a little bit further than what they did, and we looked at average rent. For a two bedroom and we looked a little bit more into the specifics. I thought it reward that money.
And then also the specific, the specifics of the town a little bit.
Hannah: Honorable mention too, to the state of Indiana. Indiana had the most of these programs. It just did not have the highest paying, but they were directly below this first one. Their highest paying one was directly below this first one.
So. They weren't doing too bad. I think they were like 9k or something like that, but they definitely have the most options for sure. So without further ado, the first place is, and actually when I looked this place up, I was like, oh, it's such a cute little town, but it's called the Shoals, Alabama..
And I know, I know. I can hear the banjo music now, but I do have a friend who lives in Alabama who speaks very highly of it. And he really likes it there. He says, it's a great place with good people. And this is a cute little, this is a cute little like Americana type town, little brick, downtown square, like panties in the planter boxes, like very cute.
This town is on a river that borders, Mississippi and Tennessee. So that kind of gives you an idea of where it is, but I also looked on Zillow and the houses, there are extremely inexpensive. I noticed like a three bedroom, one or two bath was like, between 120 and 160 which is pretty reasonable for a single family home nowadays.
And. Well, I guess before, like I should have said this in the very, very beginning. If anybody lives in these places, definitely give us a shout out. contact at degreefree.co send us an email and let us know what you think about these programs, because I can see two sides of this.
Hannah: Excuse me, locals very irritated.
Ryan: I could definitely see the locals getting like upset at this because now people is that fair, more people are coming in and they're getting money to come in. And maybe they have higher income than normal
Hannah: and it throws off the local economy.
Ryan: Right. And then so more people come in and they start buying houses, rents up, rent, rents, go up, house prices goes up.
Home prices goes up and so, but I can see, I see both sides of it. So I'd really like to know. And, if we weren't supposed to say this, sorry about that. Yeah. But what's interesting about this one about the Shoals, Alabama is that this $10,000 cash grant pays out over a year.
Hannah: Yeah. This is cash guys. They'll give you 10 grand in cash to move to this place.
Ryan: Right. And like we
said before, every one of these deals is
Hannah: slightly different
Ryan: structure differently.
Hannah: Yeah. 'cause it looks like all these sounds have given some thought to how to string you along the longest.
Ryan: Well, it's exactly what you said.
Hannah: Yeah. They don't wanna lose their money. Like they don't wanna, they don't wanna pay you out this 10 grand and then you just abscond, like a year in, they want you to stay, but this one definitely pays out the fastest for sure.
Ryan: What does that mean?
Hannah: Abscond. It means like take the money and run.
Ryan: Oh, okay. Got it.
Hannah: Like Butch Cassidy in the Sundance kid.
Ryan: I don't know that is,
oh man. my references are just, yeah.
So for all the, all the people that didn't
Hannah: like bank robbers, babe.
Ryan: Got it. Like for all those people that didn't know what that word was. I got
Hannah: like Jesse james and Outlaws.
So average rent for a two bedroom in
Hannah: careful guys, don't get shocked by
Ryan: in the Shoals, Alabama is $700.
Hannah: Let's move to the Shoals. The requirements for this are some of the most lenient, also your income needs to be over $52,000 a year to qualify. So there are income requirements on some of these and some of them are higher than others. This one's pretty reasonable. 52k a year , is very achievable for like a customer service rep that works remotely or something like that. You, you could totally make that much and then move to this place and get paid an extra 10 grand.
And then you must be able to move within six months. So some of these programs you have to apply, right. You have to apply for them. So they'll let you know if you are eligible for it or not. You don't have to move, before, and then hope you are, you can apply and they'll say, yes, we have the funding for you.
No, we don't have the funding for you.
Ryan: Yeah. And I think that's an important point that I missed earlier. Yeah. And so with this, most of these programs, you don't have to move, and then you're not,
Hannah: you're not gambling.
Hannah: You know before you go .
Ryan: Right. You're not moving on a hope and a prayer. .
Hannah: They'll tell you.
Hannah: They'll tell you. Yes, you're eligible for this program. Yes. You're in it now.
Ryan: And here's how, and here's how to,
Hannah: here's how you're gonna get paid out.
Ryan: Exactly. Here's how you're gonna get paid out. Here's how you can uphold your side
Hannah: of the bargain
Ryan: of the bargain.
Hannah: Here's where to file whatever paperwork that you have to file.
So another interesting thing about this is a lot of these places. A lot of these places are trying to attract people from out of the state. This one, they, all you have to be is outside of the county. So you only have to be outside of the county of the Shoals, Alabama. You do not have to be from outside of Alabama, but a lot of them, you have to be from outta state.
They're trying to pull in people from other states, but Alabama is like, nah, as long as you live outside the county, you can come on in
Ryan: Yeah. In the Shoals.
Hannah: In the Shoals. Yeah. So this is a good one. This is interesting. I will say that of the ones on this list. This was the cutest town that I saw. It was adorable.
I was like, oh, it's so cute. I'm out there.
Ryan: Yeah. And we're not trying to offend anybody. If you live in these places, Prove us wrong. I guess, like I said, contact.
Hannah: Yeah, we're gonna get a bunch of negative comments about the Shoals, Alabama, but I think it was cute. Okay. The next one folks is Rustin Louisiana.
Number two is Ruston, Louisiana, a Northern Louisiana college town with 1000 megabits per second internet. So pretty quick, pretty fast internet. That is something too, I couldn't find the speed of the internet in the Shoals, but that is part of the reason that they're offering this program.
They improve their internet speed, but I couldn't find the speed of the internet.
Ryan: Mm-hmm. And that's a big, thing to consider when you are working remotely. And a lot of people that listen to this podcast. They might not have ever worked remotely yet. And that is definitely one of the things that you have to think about when you're moving to someplace.
Hannah: If you can't have fast and reliable internet, you can't work there.
Ryan: Right? Exactly. I mean, especially, it really depends on your job, it really depends on what you do. Let's say. Okay. So for example, what, I'm sorry, little tangent here, guys. So let's say that you're a customer service rep using the example that you did earlier, and let's say that you are, a chat or a even so there's even video customer service reps now. If you are doing something like that, you might want to consider, especially video, you might wanna consider someplace that has fast internet, because you're gonna be]
Hannah: laggy video,
Ryan: right? You're gonna be needing that internet speed in order to do your job well, because you have to do shift work. On the opposite side of that, let's say that you are a. Content writer and you have editorial deadlines, but of which you don't need other than your deadlines of which you need to hit, you don't necessarily need to be plugged into the computer.
Hannah: Yeah. You could have, you could live at your house and not have internet and do your writing and then just go into the library and upload it if you want to.
Hannah: That is true.
Ryan: You can write your, I mean, depending on what it is, but sure. Just for this example, you can write your whole story and then go to the coffee shop to upload it and then, you're done.
Hannah: Yeah. Finished
Ryan: Pretty much. Yeah. I mean, obviously you're starting to have meetings and all that, but just for this example.
Hannah: Yeah. Not, not too bad. And so that does matter.
This is also a, this is also a decent town. So this one pays out, this one pays out 10k. It's a grant it's paid out over three years. Which is much longer than the other ones take. It's definitely not as attractive as the Shoals simply because of the time it's gonna take to pay out.
You'd have to be there for three years in order to get the full amount, which, eh, , to each their own right. Average rent for a two bedroom here is ridiculously cheap. It's $605 a month for rent for a two bedroom apartment in this place. Requirements are looser for this specific offer. So you have to be a remote tech worker and later you'll see some of them have age or remote work type specifications.
This one does not, you just have to work remotely. That's it? That's the only, that's the only criteria.
Ryan: And then, so I wonder with these, when it says remote tech worker, Does that just mean you have to be a remote worker?
That's what they mean.
Ryan: Yeah. I mean, you don't have to work in tech.
Ryan: Like you just have to be working remotely.
Hannah: Correct. The reason is this, it's just to attract people that whose jobs are not tied there. That's all it is.
Ryan: Yeah, exactly. But I mean, you can be a remote bookkeeper or something like that for a non-tech company for brick and mortar business in some other state.
Like you could be in a bookkeeper for a plumbing company in Michigan, but you work remotely. So you're a remote tech worker really broad. Yeah.
Ryan: And this one doesn't have any income requirements, right?
Hannah: No. So you could be making $20,000 a year. And there's nothing to say that they would prove you for the program.
Hannah: But they might, they might
Ryan: That's true. Right. And as we said before, these all
Hannah: which is not laid out,
Ryan: these all have application processes.
Hannah: Yeah. And it's not laid out in the guidelines. It's not laid out in the guidelines for this one that I could find though. So it's worth looking into, if that's interesting to you, if you wanna live in Rustin, Louisiana.
Ryan: Mm-hmm yep.
Hannah: Yep. Okay, number three, Northwest, arkansas.
Ryan: And this isn't really a city.
Ryan: this is.
Hannah: As a place.
Ryan: Yeah. Right. So, it's a little bit of a cheat here guys.
Ryan: But it's a area.
Hannah: Yes. Northwest, arkansas. All right. So the Walmart family's given a bunch of money towards this initiative and they wanna move tech workers into their state.
This offer is weird. The reason it's weird is because the offer is $10,000 in cash and a mountain bike that is valued at $750, which is a bold assumption about tech workers. If someone were to give me a bike, I don't know what I would do with it,
Ryan: but is it like the price is right though where you can either take, you can take your a thousand dollars watch or you can take the cash value of it.
Hannah: No, you have to take the bike. What you would do with a mountain bike with a $750 mountain bike. If you don't ride bikes, I don't know, but I guess they want you to go outside it's for your health. It's an investment it's investment in your health.
So average rent for two bedroom in Northwest, arkansas is $870 folks. Requirements are stricter with this one than the other programs. Okay. So you have to be this one's interesting. This one's kind of weird. You have to be 24 years or older with two years of work experience in order to qualify for this program, you must be fully employed, but you can be self-employed or employed at a company. You do have to be fully employed, but fully self-employed or fully employed at a company, you cannot be from Arkansas in order to do this, you have to live out. You have to be from outside of the state and you must be able to relocate within six months.
Ryan: So the, to clarify that, like, doesn't mean you couldn't have been born in Arkansas, but you just have to
Hannah: gonna have residency,
Ryan: Right exactly.
You have to be a resident of another state. In order to apply and get approved for this program within six months, then you're moving there, but you at one time or another, you could have lived there and been a resident, but you're just currently not a resident and you live somewhere else.
Hannah: Yeah. Like you move to California or something. And now you wanna move back.
Ryan: The restrictions on this one, the requirements are interesting because I like must be 24 years or older with two years of work experience. And I'm just taking a stab in the dark. I don't know why, but I'm guessing it's because they want somebody or people that one have a track record, like a work record and that they know that like, are gonna stay.
I wonder what, the statistics say on people that are 24 years or older. I wonder if they're less likely to move
Hannah: Well, you know what I thought was weird about this too, is that it's 24 years old with two years of work experience. That eliminates, I mean, if they want full-time work experience that eliminates a lot of college graduates, it eliminate it, it eliminates about 60% of them.
So I thought that was kind of interesting. I don't know if that was, I don't think that was the intent. The intent was probably the opposite, but it that's kind of what it does though.
Ryan: Right. And what, so just for everybody. The average college student, if you grad, now this is even if you graduate, you graduate in five and a half years.
Yeah. And so assuming that you go in at 18, 23 and a half,
Hannah: so you would not meet this criteria.
Ryan: Right. Exactly.
Hannah: Which is weird. It's odd. I wonder what demographic of people they're getting applying for this one, but interesting. Interesting, nonetheless.
And so it's, this one is weird because it's not an actual city, it's an area. It's an area of Northwest, arkansas.
Hannah: Yeah. So you can live anywhere up in there, any of the towns.
Ryan: Right. And like I said, the links to everything, if you're thinking about moving to Arkansas, or this is something that on your, this sounds attractive to you, if you really want that mountain bike, who wouldn't, right, exactly.
All the show notes would be at degreefree.co/podcast, and you can find, you can find everything.
Hannah: Get your bike today.
Ryan: Yeah, exactly.
Hannah: What a bike, I'm sorry, but who is this?
What's the parks and rec guy.
It's Rob Lowe, whatever, Rob Lowe's character from, Parks and Rec. That seems like to me, the type of thing that he'd be like, all right, we're gonna attract people to Pawnee, Indiana. Chris, he play his name is Chris in the show and Chris is like, you know what? We should give him. Yeah. Like, yes, Leslie 10k and a mountain bike. And then everybody's like, no, no, no. And he's like, yes, because health is very important and like, it manages to get through anyway and now they just deal out mountain bikes to people. Just because. Anyway,
Ryan: Yeah. I wonder.
Hannah: I was like, who did that? And a mountain bike. They have to, you gotta give 'em a mountain bike. That's what, that's what tech workers want. Like. Anyway,
Ryan: Yeah. and so the next one is gonna be Tulsa, Oklahoma,
Hannah: and I know I can hear people. I can just hear people like, oh my God, but it's Oklahoma.
Yeah, man. But you know what? They're gonna pay you 10k to move there. Tulsa, Oklahoma actually has a pretty good, like, it's a pretty good little rep. It's like a midsize city. There's a lot of parks. There's a lot of museums, a lot of families, it's very family oriented. So there's a lot of outdoor activities.
And they love remote workers. They have two different programs actually that will pay you 10k in order to get there. So you have options.
Ryan: Yep. Internet speed is similar to Ruston. They have one gig internet there as well. Average rent for a two bedroom is $1,061 a month.
Hannah: You'll notice there's a jump, but that's because this is an actual city, right?
Ryan: It's a city.
Hannah: Tulsa is a city. Like they'll have. City things, as opposed to town things or mountain things, like a mountain bike, like mountain biking trails.
Ryan: Yeah. And so the requirements for this one, you have to be full-time remote or self-employed. Same thing. You gotta live outside of Oklahoma though.
Hannah: Yeah. Same thing in that way. The one thing about the Northwest Arkansas and the Tulsa ones are that they allow you to be self-employed, that is attractive to internet entrepreneurs. So if you run like that could mean anything too. Like if you run a, business selling Canva templates, You qualify.
Ryan: Right? As long as you're 18 years old for this one
Hannah: for this one.
So for this one, yeah, and 18, I was like, shoot again, if you get like a lower entry level, full freelance work and you wanna move to Tulsa, Oklahoma, and you wanna pay a 12 grand a year in order to rent a two bedroom apartment, that's not a bad, that's not a bad gig that almost covers your rent for the entire year
So if you think about it like that,
Ryan: and for Tulsa, Oklahoma, to. It explicitly says you must be eligible to work in the uS.
Hannah: Yeah. You cannot be from anywhere else. You have to be from the United States and eligible to work
Ryan: or just, or you just must be eligible to work in the
Hannah: oh yeah. So I guess you could have an one visa.
Ryan: Yeah. You can have a-
you just have to be eligible to work in the United States, you can be from other places
Hannah: You have to be qualified to work in the United States.
Ryan: And so, yeah, that's, Tulsa, that's good.
There's fast internet. The cost of living's a little bit more expensive.
I've never been to Tulsa, so
Hannah: I've never had either.
Ryan: Right. But I mean, from what. We've seen it's a city. And so you have all the things that cities have, which is nice.
Hannah: Yeah. So if, if you want a city, if you want to live in a city, that's not a bad one to live in. Yeah. It's also pretty safe from what I read, which was nice, mid-size safe city, not bad.
Number five. Rochester New York, why somebody would wanna live where this much snow is? I don't know, but to each their own Rochester is a good size city, also a city, and it ranks high on remote workers lists of good tech towns. There's a lot of restaurants, internet. A thousand megabits per second, and so it's really popular with young tech workers.
It's been exploding, but they still have this program up and running. So if you are interested, this is where it starts to get gangster. These last two, but, Rochester, New York will pay you 10 grand for relocation and they will give you $9,000 in home buyer credit, which means that they will contribute $9,000 towards you buying a house in this area.
Ryan: Yeah, that's awesome. I mean altogether, if, I mean, assuming that you're buying
Hannah: Yes, assuming you buy, which I don't know that tech workers are really buying houses immediately, but as soon as they move somewhere, but, you know
Ryan: Yeah. But assuming you're buying the nine grand towards your home, as well, average rent.
$1,187 for a two bedroom.
Hannah: Correct. So you'll notice that Tulsa and Rochester, the rent for a two bedroom is more expensive because they're actually cities. They're not towns. Now this one, so you must live, this is, this one's kinda weird too. So you must live 300 miles away from downtown Rochester currently in order to qualify for this.
So you have to be from somewhere else in New York or somewhere outside the 300 mile radius of, of Rochester, and it specifically says downtown Rochester. So I guess like Google from there and then put a radius out and see if you qualify. This one's not bad either, 18 years or older eligible to work in the us.
And then you must be able to move within six months of acceptance into the program, but that is a total of $19,000 in cash value.
Ryan: Right. And
Hannah: That's nothing to sneeze at.
Ryan: Yeah. And like we said, if you don't know, if you live 300 miles, if you're on the cusp or whatever, you can also apply to these programs and
Hannah: they'll tell you,
Ryan: They'll tell you. Right. Exactly. And they'll tell you, you don't have to, don't move to these places
Hannah: and then be like, why can't I get my,
Ryan: yeah. And just be like, this is why I moved. Because you're not gonna get it.
Hannah: Can you imagine if somebody did that?
Ryan: I absolutely can. That would be a bummer.
Hannah: That would be a bummer.
Ryan: That would be a bummer.
Hannah: Think about it when it starts snowing and they have to shovel their car out of their driveway,
Ryan: or, I mean, just in general, if you've expected, if you expected to get it or, at least you were hoping get it. And then you're like, Or what would actually, what would really be a bummer too, is if you actually move to one of these places, if you fit these requirements,
Hannah: But if you moved before you applied,
Hannah: we'll let you do it.
Ryan: Exactly. Cause they got you anyway.
Hannah: That's true. You're already there.
Ryan: Yeah, they got you.
Hannah: I'm like, Hey man, where's my remote worker credit. And they're like, well you're already a resident, so sorry. Don't qualify anymore. We just get your money.
Hannah: Make sure to get your money, people.
And so. The last one, number six on the list is gonna be Morgantown, West Virginia.
Hannah: All right, sorry. I gotta do it. I actually like West Virginia, West Virginia is kind of a pretty place in certain areas. It's okay. This one is this is this one's pretty wild though. Much like West Virginia itself.
Their internet is super fast in Morgantown. It is 1200 megabits per second, which is kind of crazy. These crazy people wanna give you 12 grand in cash. This is how badly they're hurting for people. This is pretty wild. They're gonna give you 12 grand in cash and they will get, and the rest of the incentive is $20,000 in the form of a home buyer credit or other compensation.
What does that mean? I don't know, but that is a lot of money to move somewhere.
Ryan: So just to clear, just to clarify, that is that's $12,000. and then an extra 20,000, correct? In home buyer credit and whatever else, correct. Okay. That's what I thought,
Hannah: But what if it's $20,000 in mountain bikes?
Yeah. They show up-
Hannah: How many mountain bikes is that?
Ryan: Yeah, exactly. They show up
Hannah: it's a fleet of mountain bike.
Ryan: Yeah. Shipping container and they drop it. I drop it in your apartment, , in your apartment parking lot. Yeah. And you're like, and it takes up like 10 stalls.
Hannah: Now you're responsible for all these, some other form of compensation.
What else would they give you in West Virginia in the form of 20k worth of compensation?
Ryan: There are a lot, of mountains
Hannah: in West Virginia
Ryan: in West Virginia.
Hannah: I know that's why I spent-
Ryan: You could use the mountain bike. You absolutely could use it.
Hannah: You could resell the mountain bikes at a profit, hopefully.
Ryan: So ,
Hannah: I'm sorry, I'm just picturing this. I'm just picturing thousands of mountain bikes. Okay.
Ryan: West virginia has the lowest average rent in the us.
Yes, it does. Not only that, the houses, if you do look at this town, the housing is very cheap. There's not a lot of housing available, but it's very inexpensive.
And then the average rent for a two bedroom is $727 per month. So if you take that cash, you could live for free for a year. Well more, more than a year, actually. Right. More than a year.
Ryan: Well, for all of these, for most of these, for a bunch of these. Rustin, Louisiana, if it's, if your 6 0 5 is a two bedroom and they're giving you 10 grand that's-
Hannah: That's a year of that's a year of rent.
And then the requirements for this one are also pretty lax in that, full-time remote work outside of West Virginia. So the work cannot be for a company inside of West Virginia, and you must be over 18 years old. Those are the only criteria.
Ryan: Yep. It makes sense.
Hannah: These people wanna give you 32,000, well, 12 grand in cash and $20,000 worth of mountain bikes.
Ryan: Yeah, exactly.
And home buyer credit or other, some form
Hannah: or something else.
Ryan: Competition. It makes sense. Just recapping over all of these. I think it's brilliant. I think it's brilliant.
Hannah: It's so smart, it's just a win-win honestly.
If your township, if your county, whatever, city needs more tax base
Hannah: import them.
Ryan: Exactly. And it's never been easier to work remotely and with the, with Covid and everything that's happened over the last two years, people have never worked more remotely. The number of people that are remote workers has never been higher.
Hannah: Yeah. I know that because the economy's in down trend right now, a lot of people think that's gonna change, but I think that it's not going to, I think it's gonna continue in that direction, because why would you take on the extra cost?
Why would you take on the extra cost of an office space when you don't need an office space to operate, and then you would just move a lot of your two workers to contract workers and keep them remote. And there you go. Now your business has the opportunity to save money and, I think the trend is gonna continue as opposed to shrink.
Like a lot of people are saying, so that's just my thought, but yeah. Morgantown, west Virginia, you have outdone yourself.
Ryan: Yeah. This is a really good list for anybody that. Thinking about moving into a lower cost of living place
Hannah: with a higher, 'cause you're making money.
Ryan: Right. And I know that a lot of people have, this is their first time working remote and they live in cities and they're looking to get out of them and looking to save a little bit of money. This could be a way that you not only are saving money because the cost of living is lower, but you can actually have them pay you to move there. And like you said, maybe it pays for a year of rent or maybe it pays for the entire moving cost, whatever it is that you spend, your $10,000 and your mountain bikes on.
Hannah: Yeah. And then the other thing too, is like another thing to think about. That's just, it's part of this, but it's not, the main feature would be that if you live in a high cost of living area or a high tax state, and you move to one of these places, you could be lowering. You can be lowering your taxes while getting paid to move to that place that costs less for you to live.
So if you're looking to leverage your salary and your remote flexibility, and you're willing to do this, this is very interesting.
Ryan: Yep. And I guess we should have said this at the beginning, but there are some companies check with your company because some companies will not keep you on, if you move into a certain state
Hannah: Correct. Some like some states won't let you move to New York because they don't wanna pay the unemployment taxes for the state.
Or just in general, like they might not have a, they're not eligible to work. They might not have a business structure set up there and, therefore in order to pay in order to pay you legally, they have to set up a different one in order to pay you.
And they're not gonna do that
Hannah: just for one person,
Ryan: Right. So obviously check with your company first.
Hannah: Or. Just take your entire team of coworkers with you.
Go up to the CEO and tell 'em we're moving.
Hannah: We're going to West Virginia.
Ryan: Yeah, exactly.
But yeah, that's pretty much it.
If you live in any one of these towns or if you think you're gonna use this list, please reach out to us contact at the degreefree.co send us an email. We'd love to hear from you. We're very curious. Yeah. And, If you want links to everything that we talked about today? This one, like I said, it's gonna be really resource heavy.
You can find the list at degree free.co/podcast, and you can look it up. The six US cities that'll pay you $10,000.
Hannah: Yeah. If you wanna get more cool stuff like this, then go on and run over to degreefree.co/newsletter to sign up for the weekly newsletter that Ryan and I send out resources, job ideas, paid apprenticeships that we found and just cool news articles that we're like, Hey, this would be interesting. And our people might wanna read this. So if you don't wanna miss that, go on over and sign up.
Ryan: Yep. Last thing before you go, if anybody else could use this episode. Please consider sharing this with them.
This one's a useful one. If you're thinking about getting out from where you live now, if you have a remote working situation, your work from home situation, whatever it is. I know that we've shared this information with a couple of people. So yeah, if you could, give us a share, give us a review, wherever it is that you get your podcast.
That'd be great. All right. Until next time guys. Aloha.
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