Short answer: No, not for me.
I didn't initially buy into The
True Cost of Commuting. My job has pretty flexible work hours and was about a 45 minute commute. I did that for about years. I took a new role in the company at another location that was closer, but the commute was 1-1.5 hours each way (traffic). I tried the tollway, different hours, and a vanpool for about 1.5 years. I was not happy.
About a year ago I decided to move closer, much closer. We sold our house and downsized from our 2600 sqft house to a 1300 sqft apartment. So far, I couldn't be happier with the decision. My primary transportation is now a bike and I have more energy. My 260k mileage Jetta broke down; I just stopped using it. We are next to the train and my daughters love taking it downtown to many free activities. We also have access to a park, pools, and gym included in our rent.
I usually see my family and friends on the weekends. We drive out to our town and stay the entire day with no traffic (35 minutes) to see them. No real change here in the amount of time we spend with them.
I am throwing rent money away each month. I didn't buy because it is too expensive. The equity from my house was put into VTI. I don't have to mow the lawn, put my trash out after 6pm on Thursday and get my trash can back in my garage before noon on Friday. I don't have to fix anything. Just this week, my bathtub/shower started to slow drain; I just submitted a request. My electricity is about half of what it was. I believe our vehicle costs have dropped by 75%.
I've lost some weight. I get to see my children in the morning before I leave and they are still awake when I get home almost everyday. The 12 or so hours I get back each week goes directly to activities that are important to me.
If my company moved my work location, I would move. Although, I am 2.2 miles from my location, 6.6 miles from the furthest location I could work in the metroplex. They would have to move me across the state or to another state/country, in which I would have to move regardless.
I've saved more money last year than the year before. In another year or two, I will reach FI and have an opportunity to move back to my hometown. I will probably still work, but take a pay cut.