I'm also working somewhere where they've increased responsiblities with no pay raises (in one new manager's case, he's making $4,000 less than the previous managers who were promoted just a few months before him). I've seen a lot of good people leave and I've got an interview tomorrow. I'd love to give my notice soon but am waiting until something else turns up.

I left a small town two years ago because the work environment was terrible. I figured I was moving to a big city and would have a job right away (especially since I had a couple of interviews on the phone while I was in the small town).

Looking back, it did take less than two months to get another job but it sure seemed longer at the time!

If you are sure you can cover rent and expenses, go for it. It sounds like you've been unhappy there for a while.