What do I need to consider financially when deciding to move for work? My wife has a job offer in Ottawa and we're doing some cost/benefit on the financials of whether to go or not.  The job is a large step up for her and more potential for future growth.  I'd have to quit my job but I'm confident I can get a job within 3 months (3 previous job hunting lasted &lt;1 month).  We have sufficient savings to live off of for 6 months if needed. Current combined salary is 130k and future expected would be closer to 200k.

Cost of living would be lower.  Housing would definitely be better as Ottawa is so much cheaper than Toronto and selling our place and buying something there with our profit would mean our new mortgage would be less a third what we're paying now.  Daily commuting might be more.  Food is the same.  We have no children.

Major moving expenses would be covered by work and the rest are tax deductible.

Am I missing anything?