Working in one state and living in another

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Hi Y'all, I'm interested in travel nursing because I want to potentially work in CA with a high pay rate but then live in a state with a low cost of living.  Is anyone doing this? How is it going?  I've wondered if it is worth it because you still have to pay rent when you travel right?  Then you could be paying for a rental and a mortgage which would seem to negate a higher pay rate.  Let me know your thoughts.  I am a psych nurse have a pretty darn good position in CA already.  Thanks!

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