40 % of Californians consider leaving
Nearly half of those surveyed (46%) said they struggle to save money or pay for unexpected expenses even as they scrape by — a jump of 6 percentage points since April 2022 when residents were asked the same question. About 35% said they live comfortably and 18% said they find it difficult to make ends meet every month.
More than 40% of residents say they’re contemplating moving out of California, with nearly half of them saying they’re considering that “very seriously.” About 61% pointed to the high cost of living here as the reason they’d go. People of color are far more likely to say that the expense of living in California is the reason they might leave. About 71% of residents who are either Black or Asian/Pacific Islander and considering relocating cited the cost of living
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Home prices are significantly higher in California than they are in Texas and with that comes higher property taxes. That becomes part of the cost that businesses in California have to compensate for which leads to higher prices for goods and services. That is why many in the state are planning to leave for Texas or Florida.
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