What is the cost of moving?

March 17, 2021

One Response

  1. The cost of moving to a new home and new life will depend on several factors like whether you take on the move yourself or hire a moving company and professionals, but on average moving will cost around $725. Below is the breakdown of the cost of moving for an average-sized house (2500 sqft).

    Moving Costs if you hire movers

    Total cost: $1080-1130

    Moving costs if you move yourself

    • Moving supplies: $300 
      (need to budget more for equipment like dollies, when choosing a moving company they already have it)
    • Moving truck rental + gas: $150
      (for a local move, a further distance could cost you more)
    • Mail forwarding: 4 months = $55
    • Service installation/transfer fees: $100
    • Cleaning supplies: $50

    Total cost: $665

    Additional costs to consider when moving:

    (May vary)

    • Temporary storage: $200
    • Loss of salary on day of the move: varies
    • Realtor fees for selling your house: 3%-6% of home price
    • Cost of moving speciality items: varies
    • Childcare: around $13 per hour
    • Packing and unpacking service: $500 
    • Renovation and repairs: varies 
    • Cost to feed friends/moving help: $50
    • Bridge mortgage: You may need a bridge mortgage if you bought your new home before selling your current home
    • Tips for movers

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