"We moved for survival. Our NYC business, a lice treatment company, took a major hit when the pandemic began in 2020, so we relocated to Miami, where I ran a COVID-19 testing lab for two years."
"In Miami, we didn't have to pay an HOA fee or for internet; they were included in the condo price. The only thing we paid extra for was water."
"After we had two kids, the dynamic shifted. Our first child was born in July 2022, and we started paying about $600 a month for day care."
Elhanan Harel and his wife moved from New York City to Miami in June 2021 due to financial struggles caused by the pandemic. In Miami, they enjoyed a lower cost of living, including cheaper housing and groceries. Harel ran a COVID-19 testing lab while living in a condo with amenities. However, after having two children, the financial dynamics shifted, particularly with daycare costs. While Miami offered lower costs initially, the arrival of children brought new expenses that made them reconsider their living situation.
Read at www.businessinsider.com
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