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You're listening to the Travis Makes Money podcast presented by gohighlevel.com for a free 30 day trial of the best all in one digital marketing software tool on the planet, just go to gohighlevel.com travis. What's going on, everybody? Welcome back to the Travis Makes Money podcast where it's mission to help you make more money on this episode of the show. My producer Eric is here in studio. What's up, man?
B
Hey, what's going on?
A
No, not much. Just happy to be back in studio, man.
B
I know you were on a boat.
A
I was on a boat. In the middle of the big boat. It's funny. We got back, so we went on Alaska cruise. We get back and we were watching the Proposal just because we came back from Alaska and it's one of Jackie's favorite movies. So we throw on the proposal and there was a scene where they were in like a ski boat going to the main house and she was like, she was like, I kind of regret not going on any boats while we were there. We should have got on a boat when we were there. But it just seemed like it was going to be too cold. And I was like, it's funny that you say that when our entire trip was on a boat.
B
And then she said and left.
A
Yeah, exactly. I understood what she meant, but it was just. It was. Sounded funny to me. I was like, well, our entire trip was on the boat.
B
That wasn't your first time in Alaska, right?
A
No, no, that, that was. It was actually the first time was an Alaska cruise as well. But yeah, that was. I would like to go there and actually stay somewhere in Alaska. Yeah.
B
Like instead of cruising, just fly to Alaska and stay there.
A
Correct. Yeah. Because it is amazing.
B
Yeah.
A
There and cruising. Just a different type of vacation. I love cruising. We've gone on like some, some of my family members were asking me and I genuinely don't know the number. I'd have to figure it out. It's probably around 10 or 12.
B
It doesn't get boring. I've never done a cruise, but I'm always like reticent. I booked a cruise for 2020 and then had to cancel the cruise.
A
Oh, yeah. For my birthday. Wasn't that what it was?
B
No, this was separate. Did you schedule a cruise for your birthday as well?
A
Jackie was planning a surprise.
B
Oh, that's right. Yeah. Yeah.
A
Cruise for my birthday and then had to.
B
2020 was a bad year for cruises.
A
Everything.
B
Could you imagine if you'd gotten on a cruise in February?
A
Yeah.
B
And you Just were living on a cruise ship.
A
Yeah, just. Yeah, that's great. That. That would make me go stir crazy. But yeah, a regular cruise though is a great time. It's. It's just. It's not my preferred choice of like exploring a new place. That's what I mean by green sounds Airbnb.
B
Like go to Greece and get on a shop ship and it's like, well, I'm in Greece.
A
Right. But for a relaxing vacation. Like my. Like a cruise in the Caribbean I think is the perfect type of cruise because the islands themselves aren't very big. So you can literally port and go see the majority of the island in a single day and you get back on the boat and go to the
B
next in a place like that. The point is sightseeing like Alaska to me makes sense because it's like visually it's a cool. You know what I mean?
A
Yeah.
B
I don't know. I was curious.
A
Yeah, I would, I would definitely. It was a def. It was a much different cruise experience this time because the first time I went to Alaska was the west coast cruise that was that they put on. And my tour group got selected to go on the ship and sing at all the services and stuff.
B
Yeah.
A
So that was a little bit of a different experience.
B
I always heard the entertainment on cruises was rough.
A
This one was a lot of fun. They. They did a really good job.
B
They asked you to sing. It's a joke.
A
I understand.
B
Because you. Cause like having to listen. I get to you sing. I get it would be hard.
A
No, I understand.
B
It'd be like you picking up that guitar over there.
A
Uhuh. Yeah. But it was funny cause I was asking some family members at the end of the cruise, like, hey, you know, what's your favorite part? Because there's probably 30 of us, maybe a little bit more than 30 of us that were there. And so I was talking to a couple of them and almost everybody was like talking about things that we did on the cruise. So like even, like nothing. Even in Alaska. So it was just like every night we were just hanging out and doing silent discos or karaoke.
B
Oh yeah. We need to talk about.
A
You won second place in a dance competition.
B
So how many contestants were there?
A
There was only like seven.
B
Okay.
A
Literally what happened was it was not. It was not a voluntary thing. It was like we were all sitting.
B
It wasn't voluntary.
A
No, it was. We were doing like this classic rock name that tune thing, which a few of my family members are really good at. I'm terrible at those things. I Missed that, you know, growing up. But we were there in the, like, atrium of the cruise for this Name that Tune competition. And then we were all getting up to leave, and they were starting this dance competition thing. So there was. There was a crew member from the cruise that would. That would. That all selected a partner from the audience to come dance with them. And so we were literally leaving the room. And then the first crew member just randomly picked me out of the crowd. So I reluctantly, like, just walked up there and just was standing there by myself. And then it ended up happening that two of my other cousins got picked as well. On.
B
To be fair, half of the ship was your family, so the odds were pretty.
A
And we were all down at the atrium. So the atrium was like. It was like. You could see up to, like, seven stories. So that was. What was funny is I got selected and I came out to where the little. The dance, you know, floor was, and I looked up and it was like. It was like the Coliseum, you know what I mean? It was like seven different rows of people all the way up the ship just, like, looking down at the dance.
B
Would you have rather been in a coliseum? Fighting versus dancing?
A
Yeah. Actual fighting.
B
Yeah.
A
I would have stood a better chance.
B
That's what you get for wearing your fancy gown. They wanted to lead you on the dance floor.
A
My stilettos.
B
Well, it sounds like Alaska is a beautiful state. It is the 49th state. Do you know that?
A
I did.
B
Did you know that?
A
I did.
B
What's the 50th state?
A
Hawaii.
B
Hawaii. Okay. Well, it's a great segue, Eric, because we're going to be talking about how much you need to live comfortably in each state. I lost my thing here to start it off. How much do you think one adult with no children needs to live in Alaska?
A
Hmm. I would assume it's not.
B
I'm nervous to tell you this because I feel like you might move.
A
Move to Alaska.
B
Can you imagine the WI Fi trying to do podcasts? Some bear ate the wires.
A
I would assume it's not that much. 75K, one person.
B
No, brother. This is 20, 26, $100,298.
A
Is there a metric for what comfortably means?
B
A comfortable income is following the 50. 30. 20 budget rule. 50% for necessities, 30% for once, and 20% for savings and investments. Okay, so to live comfortably. Okay, you didn't think there would. I'd have a metric right here, ready
A
to go for investments. Adding a little bit of extra.
B
It's basically everything covered. And to have a Little bit ext, left over. Okay, that's comfortable.
A
So 100k, single person, AK for family of four.
B
259,000. Kids are expensive, huh?
A
They are too expensive.
B
So complex. Just put out the top five most expensive states to live in. They didn't go. Ask everybody. They actually pulled this from mit. Have you ever heard of them?
A
Mit?
B
Yeah.
A
No. What's mit?
B
I don't really know, but they do a lot of great stuff. I'm just kidding. I know it because I think Spider man. They mention it and that sounds like pretty. If Dr. Octavius is working with them. I don't know. I do know what MIT is. Sure. It's a place that does this study. Why am I acting dumb? See, you put me on the show and you're like, act stupid so I can play off of you. You be the funny guy. You think you're Abbott and I'm Costello and it's not going to happen anymore. I'm a smart person anyway.
A
Say it enough times, I'm sick of
B
making myself look like a fool and you'll believe it.
A
Okay, so MIT did a study.
B
MIT did a study.
A
Top five most expensive.
B
Well, actually, SmartAsset did a study using MIT's living wage calculator. So, I mean, tomato, tomato, whatever. MIT Mitt. I don't know. What are we doing? So the top five most expensive states to live in. This is in 2025, because that's the last full year, but. Top five most expensive states to live in. I want you to guess what the top five are.
A
Okay, I'm gonna go California. It's definitely on the list. New York is definitely on the list. I gotta imagine more New England states. Let's go Massachusetts. Let's see. Arizona and. New Jersey.
B
This should rename the show that Travis doesn't know anything about.
A
Oh, wait, no. Washington. Oh, Washington. And still New Jersey.
B
Okay, one wrong answer for another. So five. You picked five. Here's ones where you're right. California. A monkey would have guessed that.
A
Yeah, true.
B
New York is not on the list.
A
Really? Really.
B
But I think you're also like making a rookie mistake here, thinking New York. There's a lot of New York.
A
Yeah.
B
You know what I mean?
A
That's true. But I feel like it's.
B
Well, hey, take it up the way I'm wrong. So, yeah, you were right about Massachusetts.
A
Okay.
B
And you're wrong about Arizona again. There's a lot of Arizona. That's pretty cheap. And you were wrong about Washington. You got two out of five.
A
Wow. So New York not being there definitely surprises me. That one I feel like was sort of a monkey could have picked that too. But so what is California number one?
B
No.
A
Okay, so I'm wrong again.
B
Keep guessing stuff.
A
Hawaii?
B
No, not number one.
A
But it's on the list.
B
Yes.
A
Okay, top five.
B
Number one is Massachusetts.
A
Really?
B
Yeah.
A
That's crazy.
B
$120,000 is what's needed for comfortably for a single person. Hawaii's number two. $124,467 is for Hawaii. Number three is Connecticut. 105. Yeah. $105,165. Number four is California. 119,475. And again, California is so dependent on like if you go 45 minutes one way.
A
Yeah, right.
B
You need.
A
There is a lot of California, like
B
Fresno living comfortably versus like Burbank or Barstow is different. I wonder if you removed la, what the cost of living on average would be.
A
Yeah, because San Francisco is up there too.
B
Yeah.
A
Like if you took the top five cities, I bet LA and San Francisco would be on it.
B
Vermont is number five. $99,632, which isn't bad.
A
That's crazy that New York isn't there.
B
I know. Well, what are you going to do about it? And then really quickly, cheapest for. Hold on, really quickly. For a family of four in each of these states, it would be 313,000 in Massachusetts, 294,000 in Hawaii, 290,000 in Connecticut, 287,000 in California and 286,000 in Vermont. And least expensive here. Please hold while I try to look at this with my eyes. What other way would I look at?
A
It would be weird if you tried another way.
B
They don't have it in here. But I'm going to look for. I'm just going to scope it out at cheap places. Let me see if I can find the cheapest one on the list. Really quick. Please give me some background music.
A
Okay. Well, cheapest is probably more difficult to guess, I would assume because like people move to other states because they're cheaper, like Texas or Florida or whatever. But that's only because they're moving from California to New York. So.
B
Okay.
A
I feel like the cheapest states are going to be some like southern states, Midwestern states.
B
I just found the cheapest. Okay, what do you think it is?
A
Mississippi. No, Arkansas.
B
Wait, where's Mississippi? Arkansas is correct.
A
Number is the cheapest.
B
Yep. My friend lives in Arkansas and he's building a camp there and I'm like, is money just non existent there? Is everything free? Are you getting all this funding to do this? But I guess Arkansas is just cheap.
A
It is cheap. But then also you have to live in Arkansas so it looks beautiful. Well, so looks can be deceiving. I spent some time in Arkansas.
B
Shout out to my friend in Arkansas.
A
Yeah, no, the. They do. If you can. If you can get some.
B
The Duggers are from Arkansas.
A
Oh, that's a reason to move there.
B
They're half the population.
A
If you can. If you can get some lake property there. It's. I did spend some time on the lakes out there and it was. It was really nice.
B
Do you like lakes?
A
I do like lakes a lot. I like lake activities a lot.
B
Do you like the. If you had to choose ocean or lake?
A
I would probably like to live on it.
B
No, just to go. Let's. We'll do both. But if you had to choose. Living is the easiest choice I've ever thought of in my life. But if you had to go visit one, which one?
A
Probably visit the beach. Just because like if. If I only have a day or two, I'd rather just go visit the beach. Cause I just like beach town vibes and I like hanging out by the beach. Okay.
B
What about living?
A
Sleeping with the door open and listening to the waves. Like that's awesome. Living though. I probably would choose a lake. I'd probably choose to live on a lake.
B
You contrarian bastard.
A
Were you. Are you going to say the opposite?
B
I was going to say the opposite. I was going to say if I could live by something, it'd be a beach. Which is why I'm in the middle of the desert. As far from that as possible.
A
Interesting choice. No, I love away from Southern California.
B
No, if I could live. The thing is it does. At that point it doesn't matter.
A
Yeah.
B
Because I had to drive two hours to the beach.
A
Right.
B
And now I can go. Yeah, it doesn't matter. So if I could live though, like I would live in Laguna Beach. I would make that.
A
Yeah, Laguna would be my option.
B
That's the most beautiful place in the world in my opinion.
A
Pretty awesome.
B
And the best just town.
A
It is because it doesn't feel like a regular SoCal beach town. Like it's not.
B
Nobody can smoke there, bro.
A
It's not. Yeah. It's not overrun with people and you have to like drive through toll roads to get into the city. Yeah, it's a just. It feels like a small town but also some of the most beautiful beaches in the world, I think.
B
But I love going to the lake. If I'M on like vacation. Like when we go to South Carolina. I love going to the, like the lake.
A
Do you do stuff on the lake?
B
Like last time when we went like tubing and stuff?
A
Yeah. See, that's fun.
B
That's fun.
A
I like tubing, but I wouldn't want to live ski boat type stuff.
B
But that's what I know though. A lake house would be cool.
A
Yeah, that's what I'm saying. Like if you have a lake house with a dock and you got like a jet ski out there, like it would just be awesome too. In the morning time.
B
Screw it. Travis. Let's go live in a lake house together, dude.
A
I mean, I'm. I'm on board. Just gotta find one that we can afford.
B
Wow.
A
That's our dual income house.
B
You know what the most beautiful lake house is? Is in the movie the Lake House with Sandra Bullock and Keanu Reeves.
A
Never saw that.
B
I'll talk to Jackie about it. She's seen it, I'm sure. Probably. But that lake house is gorgeous. Let me show you really quick.
A
Yeah, like I just like the activities you can do on the lake. It's just a little bit more. A little bit more fun.
B
It just. The only thing I don't like is like, I feel like you feel dirtier quicker.
A
Yeah, that's true.
B
Versus like a beach just feels refreshing.
A
You can't go to the lakes that are like brown.
B
Well, like you don't want to go to a. Like you can go to a LA and then like dry off and then go to like maybe Cracker barrel or gas station really quick before you shower. Yeah, but like if you're going to go to the ocean, you can dry off and then you can go grab like food.
A
You think so?
B
Yeah.
A
I feel like I can't do that. Dude, you're.
B
You're literally just trying to just be ornery.
A
No, the sand.
B
Look at this lake house.
A
The sand is everywhere when you leave the beach.
B
First of all, this movie is beautiful. If you've never seen the lake house, everybody. But look at this lake house. It's like all glass. It goes out on the ocean.
A
So sick, dude.
B
And imagine you get to live there with Sandra Bullock. It's really. It's really just the best. Or Keanu Reeves. Whatever floats your boat. Honestly, either.
A
Or either one, right? Yeah, Right? Yeah, absolutely.
B
I'm being serious. I've never been more serious in my life.
A
I agree.
B
I'm actually not being serious now.
A
The thing is about a beach house though is that unless you are gonna drop Eight figures on a beach house in Laguna with your own private beach.
B
Yeah.
A
Then it's super busy, you know, like, even the nice ones in Mission beach or Manhattan or whatever that are like.
B
We're talking about your old.
A
There's people walking by all the time, you know, so.
B
Okay. I'm just saying in a perfect world, I see you have like a. You. You can walk down to the beach.
A
Yeah. And it basically, both of Ed Mylett's houses are the dream. And. Yeah. I don't know what he lives in now.
B
Are his houses big?
A
Yeah. Yeah.
B
Okay.
A
His lake is insane.
B
Here's what we do.
A
Look up on Google Images. Look up Ed Mylett lake house.
B
We schedule an interview. Is it big enough where we could see how long we could live there without him noticing?
A
Well, for him, yes. Because he doesn't live there full time. That's just his, like.
B
Yes.
A
Vacation property. So. So we could be there like six months out here.
B
We could pick a room and he wouldn't know. $19 million. Laguna Beach.
A
Oh, that's the. That's the beach house. Yeah. So the beach house is insane. And it has like all this beachfront. He might have sold that one because I know he moved out to like, good. Callie, Florida recently.
B
That's such a downgrade to me.
A
Well, yeah, but he probably is saving quite a bit of money. Somebody of his net worth.
B
But I mean.
A
And he's in a good part of. Of. Of Florida.
B
But no offense to Florida, I don't. I don't care anymore.
A
But Laguna, though, unbeatable, you know, and. And like I said that that property in particular with I don't know how many feet of beachfront that he has, but it's all his, like, private beachfront. That's different. But his lake house, though, in. In Coeur d' Alene is. It's just insane, you know.
B
You know what Ed Mylett's name would be if he was British?
A
What?
B
Ed Kilometer. At
A
so stupid.
B
That's pretty good. You know, next time you see him, you'll think about.
A
It'll kill. At a business conference where he's the keynote.
B
Hey, guys. All the way from England, it's Ed Kilometer. We booked the wrong guy. He was cheaper. We bought him. And we bought him.
A
We bought him. Anyway, whatever he's bought and paid for.
B
Okay. So. Yeah. So Arkansas is the cheapest. Let me see if I can find one more. I think now it's all gone.
A
So lakeside property in Arkansas you could get for probably pretty cheap.
B
Yeah. And then let's see. What else we got here? I mean, it's kind of what you expect. Kentucky's 83,000. South Dakota's 82,000. Oklahoma's 84,000. My wife watches a show where they do houses in Oklahoma. And the guys. It is crazy. And there's like a part of you that goes, I could do it. I can make it work. But they're like, I have a budget of 110,000. And they're like, we have this beautiful Victorian home, and you have a renovation budget of about 10,000, so we can actually redo the entire house.
A
Crazy.
B
But then they show the. I'm always like, watch with them. Like, dude, I can work anywhere. Yeah. And then they do a drone shot the town, and the drone doesn't have to back up very far. And I'm like, I don't know if I want this, you know?
A
Yeah, there's. Yeah. Some places where it's not worth the.
B
But I do think. I do understand if you're like. I don't know, though. No, I was gonna say when you're like 85 and you're not really doing anything, you know, but even then, much money. I don't want to be that kind of 85 year old either.
A
That's what I mean. Yeah. If you got. Dude, if you got the money, just go live where you want to live.
B
That is what I love about where we live is there's a lot of. There's a lot of older, very, very, like, Palm Springs crowd. I feel like the same as Vegas. Like, for sure. Well, let's Henderson. Henderson's a big place. And nobody knows where I'm at in there. But anyway. But no, there's people. I know. I get so stressed. But there's. There's people that live near us and neighbors that are probably, like 87, 88. And, like, they get dressed up and they go out and, like, they're doing stuff all the time. And we're always like, I hope that's us to, like, the day that we can't physically do that ever again. Because then we know people that are, like, in their 60s and they act like they're 87.
A
Right.
B
And I'm like, dude, you're cutting half your life off.
A
That was the coolest thing about the cruise that we went on is that my grandparents were there.
B
Did they make it through the whole cruise?
A
They did.
B
That'd be crazy if you're, like, left at them.
A
That's the news. Yeah.
B
And then didn't come back.
A
No. My grandpa is 95 and my grandma is 88 and they both came on the cruise with us.
B
Did he, did he do any, like, belly flop competitions or anything on the ship?
A
Regrettably, no. No. But to be fair, did he dance? The swimming pools were not flocked.
B
Imagine you beat him in a dance competition and you're like, bragging about it on social. No, that's super cool. Yeah, I want to be like that. I want to be. Which is why I'm in the physical fitness era of my life.
A
Well, there were some family. There were some of our family members that were expressing precaution. You know what I mean?
B
Which ones?
A
Name them. And that was more my take on. It was like, look, they're the ones that want to do this. They're the ones.
B
Oh, they were worried about them traveling.
A
Yeah. And also, what are you going to do?
B
Yeah.
A
Like, you're just going to be like, oh, well, everything's too dangerous for me now, so I'm just going to sit here and rot until my time is gone. But that's what I'm saying.
B
Yeah.
A
What's the option? You know what I mean? Like, I would so much rather go out on a cruise with my family, you know, and. And you just gotta live your life. You gotta live your life. But, yeah, not everybody. Not everybody has the option to do that, so.
B
Well, I'm tired of seeing your rotting doing this podcast, so let's close it out.
A
Yeah. So if you want to go to the expensive states, those are the ones that you can go to. Cheaper states. Let's pick. Before we go, let's pick a cheap state that's actually that I would live in.
B
What's the cheapest state you would live in?
A
Yeah, that's a good question.
B
Let's. Let me pull it up here.
A
I'm sure it's probably somewhere in the middle. So far, we haven't named it.
B
I mean, the issue is though, I really could live almost anywhere.
A
Yeah.
B
Because I've been like. What I've learned is, like, with travel is that places are a lot like food, you know? Like, I don't think there's really any bad food. It's all how it's prepared. And I feel the same way with travels. Like, every place I've been to. Like, I remember the first time I went to Ohio.
A
Yeah.
B
And then I went to Cleveland on another trip. I was like, oh, Cleveland is sick.
A
Yeah. Yeah.
B
Cleveland is like the biggest city I've been to that feels small. Okay, but have you been to Cleveland?
A
I have not. No.
B
Dude, get out more Anyway, to Cleveland.
A
You haven't been to Cleveland.
B
They have a song called Cleveland Rocks. Maine is actually cheaper than I expected. I thought Maine would be crazy. It's 96,000. Okay.
A
I liked Maine. Maine was beautiful.
B
Well, I'm gonna just say this really far away, though.
A
So, like, my thing is, like, from what I could live from everything. It's just, like, up in the middle. It's up in the, you know, far reaches of the country. Because that's. My thing is, like, I could live. I could live almost anywhere as long as there is an airport that's close so that I can get out and go places. But, like, a home base.
B
Let's go cheap. Okay, so we need to look at cheapest here. Let's see.
A
Tennessee. Wind be up there.
B
Where's Tennessee?
A
Right there.
B
Where?
A
Oh, Texas is cheaper.
B
Oh, no.
A
Yeah, Texas is a little bit cheaper.
B
Tennessee's pretty compelling. You know what, though? If we're going for cheapest, I would say Ohio. If I could live near Cleveland.
A
Okay.
B
Because then you have the airport.
A
It's true.
B
You have all the stuff there.
A
Colorado is. It's getting up there.
B
I don't want to get past the 90k mark.
A
Yeah.
B
But Tennessee would be pretty nice if.
A
Yeah, it's barely.
B
What is it, 97 or 91,000?
A
91,000. Yeah.
B
Where's. Where's Michigan? Oh, there we go. I am Michigan87.
A
You got some pretty harsh winters up there, though.
B
Yeah, I feel like I like Ohio a little bit.
A
Yeah, I'd probably go Texas.
B
New Mexico. Boy, no, you'll get there in New
A
Mexico, not New Mexico. All right, Texas, though. I could do Texas or. Or Tennessee.
B
Okay.
A
Those are options.
B
Well, there you go.
A
Anyway, for those tuning in, remember, money only solves your money problems, but it's easier to solve the rest of your problems. Money in the bank. So let's start there. Here on the Travis Makes Money podcast. Thanks for tuning in. Catch next time. Peace.
Host: Travis Chappell
Guest/Co-host: Eric (Producer)
Date: July 13, 2026
In this engaging, candid episode, Travis Chappell and his producer Eric dive into how where you choose to live can make a massive impact on your financial health, lifestyle, and happiness. Rather than obsessing over penny-pinching or aiming for billionaire status, the discussion focuses on how location choice affects both cost of living and quality of life, helping listeners align their financial decisions with their real priorities.
The episode weaves in personal stories—from Alaskan cruises to lake house dreams—while breaking down current statistics on the most and least expensive states in the US. The conversation is peppered with humor, practical examples, and actionable insights, offering listeners a real-world look at how moving (or staying put) is a money-making decision.
Notable Moment:
Eric brings up a recent SmartAsset study using MIT’s living wage calculator to reveal just how much it costs to live comfortably in different states.
Alaska’s High Cost: $100,298/year for a single adult; $259,000 for a family of four.
Top 5 Most Expensive States to Live (2025 data):
Cheapest State:
This episode is a lighthearted but insightful reminder that where you live profoundly impacts your financial outcomes and your daily joy. Travis and Eric combine story, data, and banter to demonstrate that moving—or staying—can be an empowering money move when aligned with your goals, personality, and lifestyle preferences. With actionable stats, real talk, and some big laughs, listeners come away equipped to ponder the true value of their location—and their next move.