One way to handle gas prices: Move

More people are looking to live closer to work and shopping, and find relocating saves them hundreds of dollars a month in gas.

NEW YORK (CNNMoney.com) — It may seem a bit drastic, but more and more people are taking what is perhaps the ultimate step in cutting gas prices: They’re moving.

Peaches Stevens used to rent an old farm house in southern Indiana. She loved the setting, but her job as a high school science teacher was 62 miles to the north.


Coaching golf after school made carpooling difficult, and even though her Dodge Neon got an impressive 30 miles a gallon, she was still spending upwards of $400 a month on gas.

So she moved. Now Stevens, 49, rents a place eight miles away from school. Plus, she bough a Honda scooter that gets 80 miles a gallon. Now she can get to work and back for about $16 a month.

“I’m doing it all for economic reasons,” said Stevens, who figures she’ll save enough in gas to pay off the $2,400 scooter in under 7 months. “I loved [the farmhouse], but I do feel like I’m doing the right thing.”

CNN