Calculate your breakeven point in months. Boyfriend and I are doing something with the same timing, but we're moving half way across the country. We're both getting raises, the benefits are pretty much 6 of one, half a dozen of the other, and then saving (after Feb. 28), $500/month on rent, $100/month on public transport costs, and $200 in gas. The lease breaking+costs of moving=about $7500. Even with that, we'll break even in around 6 months. That doesn't even account for the fact that all our savings is going into paying down my student loans, so we're also saving a lot of interest in the long run by paying it down faster. Do a similar calculation and see if the break even point is something you can stomach. My guess is the answer will be yes.