Moving can be a rather costly endeavor. Using a calculator to estimate moving costs can give you an idea of how much you may end up paying. Knowing the expenses that may creep up can help someone create the best plan to prepare their finances.
The Average Cost of Moving
According to the American Moving and Storage Association, the average cost of a local move for a household is around $2,300. The average cost of hiring professional movers to assist you is at least $1,000. A long-distance move will cost you even more than that, averaging out to around $4,300.
In order to calculate the approximate amount it will cost you to move with the number of belongings that you have, there are calculators to help you get an estimated final total.
Factors to Consider
There are a number of things that can increase the cost of your move. In order to make as economical of a plan for yourself as you possibly can, it is a good idea for you to plan around the following:
- Size of the Move – The size of your move can play a significant role in deciding how much your move will cost. If you are moving a lot of things, then the cost of your move will inevitably go up. The more belongings you have to move, the more it will generally cost you.
- Travel Fees – If your move involves traveling a long distance (e.g. across the country), then the costs can rack up pretty quickly. You must account for the cost of gas, food, the labor of the movers, and more.
- Packing Services – Another thing that can run the cost of your move up is springing for the convenience of hiring a packing service. Hiring people to pack up all of your belongings will easily cost you a few hundred dollars or more.
- Storage – Sometimes your move may be a bit more complicated than a normal one. When this happens, you could end up needing to hire a moving company to store your belongings before, during, or after your move.
- Moving Add–Ons – Any add-ons you decide to tack onto your move such as disassembling and reassembling furniture, moving supplies provided by your movers, moving specialty items you have, etc., will also more than likely raise the price.
- Moving Date – How you move is not the only factor that can contribute to what your move will cost. The timing is also a key component, as moving on a weekend or during peak season may increase the cost of your move dramatically. Consider moving mid-week in the off-season.
- Moving Supplies – Supplies for your move can also run up the cost if you are unable to somehow come up with your own. You will inevitably need things like boxes, bubble wrap, plastic totes, packing paper, and other packing items.
- Liability and Valuation Coverage – If you have decided to use a moving company to assist you in your move, then you more than likely will need to buy liability coverage. Make sure coverage covers safety concerns for the workers and your belongings are covered.
How to Move for Less
Although moving can be expensive, there are ways that you can do it for less. By utilizing some of the following methods, you can keep more money in your wallet so you can be prepared for life post-move.
- Do the Packing Yourself – Sure, hiring a packing service might make things more convenient and easier for you in some respects, but it can get pricey pretty quickly. By packing all your belongings, you can potentially save thousands of dollars.
- Get Your Family and Friends to Help Out – Family and friends are often a lot cheaper to enlist the aid of when it comes to moving than hiring professional movers. If you are lucky, the most you might have to pay them is pizza and drinks.
- Rent a Moving Truck – Finding a good-sized moving truck from a good, reputable rental company can save you a truck ton of money as well. A 26 foot truck can fit up to four bedrooms’ worth of belongings, so it can make things quicker and easier.
- Get Rid of What You Do Not Need – Another great way of lowering costs of moving is getting rid of items you do not need. If something has just been sitting around collecting dust and you have no intention of using it in the foreseeable future, then there is no point in having it take up space. By selling off, donating, or throwing out items you do not need, you can save a tremendous amount of space and money.
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