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In fact, there are several financial benefits to calling the Golden State home.

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GOBankingRates found four financial reasons to stay in California, despite it being an expensive place to live.

Also heres the other side of the coin four reasons to move out of California.

By living in California, residents can tap into medical programs that assist in paying for their healthcare needs.

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California also provideshealth insurance subsidies, which only nine other states in America have.

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