We Sold Our House in Utah to Rent in Denver; It Was Financially Risky | Invesloan.com

Sometimes, a decision doesn’t make sense on paper, but it just feels right to your soul. That’s what my family’s big move was like.

Last year, our family of five sold our affordable home in rural southern Utah to move into a more expensive rental in a Denver suburb.

We had wanted a change for a long time, and the timing finally felt right. We could’ve stayed where we were “safe” financially, but all our family members were struggling in different ways.

I couldn’t shake the feeling that nothing would really get better until we were brave enough to make a big change — so we did.

Moving from Utah to Denver was a difficult financial decision

One of the hardest parts to accept about moving was leaving our extended family and a house that we had lived in for 13 years.

Even more difficult was that our house in Utah was affordable. We were privileged to buy a house when prices were reasonable, and mortgage rates were low. We would have moved a long time ago, but we felt stuck in a home we had outgrown because it was cheap.

We knew that if we sold our house, we would be paying a lot more elsewhere. But the decision still felt right for our family.

We figured Denver was worth the price increase

We chose a Denver suburb because we love the outdoors and also miss the opportunities that a city provides. We have friends in the area, so we knew we would have a community once we arrived.

We chose an area known for its “small town feel.” As soon as we moved in, I immediately fell in love with the neighborhood. We are surrounded by an abundance of mature trees, and are within walking distance of wonderful trails for walking and biking.

I’ve been amazed at the wildlife around us, especially considering we live in a Metro area.

Just walking the trails in our neighborhood, we’ve seen rabbits, coyotes, elk, raccoons, turkeys, and many different species of birds. We feel closer to nature here than we did in rural Utah.

After living here for a few weeks, we decided to purchase e-bikes so we could ride much farther along the trails, including to coffee shops, restaurants, city gardens, and parks.

This area also provides us with access to shopping, museums, concerts, and sporting venues. After living in a secluded town for so many years, having these amenities feels like a luxury.

We’re saving money in other ways

Our rent is high in Denver, and that has been the biggest adjustment.

Before we made the move, I was also worried about the cost of living, but I have been pleasantly surprised. Our kids even get free school lunch thanks to a statewide Healthy School Meals for All program. My kids have all commented that the food is of better quality. They actually want to eat the school lunches here.

We are paying much less for gas in Colorado, as we are driving substantially less. In Utah, we lived on the outskirts of town and had to drive 15 to 20 minutes to get to work or to the nearest grocery store.

When we moved to Colorado, we also immediately ended most of our subscriptions and streaming services. We’ve cut down on our discretionary spending and are eating more family meals at home.

We also chose jobs that would help us adjust to our new housing costs

We knew we would be paying more for housing no matter where we moved, so we chose a location with ample work opportunities. My husband is a psychiatric nurse practitioner, and I have picked up a part time job in addition to my freelance writing business.

We are all making more money in Colorado than we could in Utah, where the minimum wage is still $7.25 per hour. Two of my teenage sons were amazed when they realized how much more they could earn in their new city.

Right now, we are enjoying the freedom of renting. Buying a home in this economy feels daunting, and we want to take our time exploring Colorado to see where we may want to buy if it feels right.

For now, I am grateful that my kids have a chance to experience living in a bigger city with more diversity and opportunities. Overall, I feel like we fit in here in a way that we never did in our old town, and that is priceless.