Moving in together??

Okay so my boyfriend and I have only been together for about 5 months and we live and work an hour apart.. He works crazy hours and I work 2 jobs and go to school so we find it hard to see each other. He mentioned to me that we should start thinking about moving in together after the new year. We would move to a city about 30 min to his work and 30 min to mine. I think it's to soon but he thinks it would give us a better opportunity to see eachother.. I spend the night at his house all the time because nights are really our only time together.. It's hard though with the hour commute for work the next morning and when I don't get off until like 11.. With us it was like love at first sight and we just clicked from the beginning. Also my parents don't believe in living together until marriage. What do you guys think?