Saving money for a new move can be challenging. In this article, we discuss the typical moving expenses and how you can save money when moving into a new house.
The Cost of Moving Houses in 2022
The average person moves 11.4 times in their lifetime, so that’s a lot of money spent on moving! And that’s not even taking into account the cost of hiring professional movers!
If you’re thinking of moving houses in 2022, there are a few things you should know about the cost of doing so.
For starters, the average cost of moving houses in the United States is about $12,000. It costs an average of £12,000 to move houses in the UK, and has increased by £1,000 in the last year.
In Canada, the average cost of moving houses is about $1,200. This includes the cost of renting a truck, hiring movers, and other miscellaneous costs.
These numbers can fluctuate depending on a number of factors, such as the size of your house, the distance you’re moving, and the type of move you’re making.
For example, an interstate move will typically cost more than a local move.
In addition to the cost of actually moving your belongings from one house to another, there are also a number of other costs to consider, like packing supplies, storage fees, and insurance.
You may also need to pay for things like cleaning services and pet care. And, of course, don’t forget about the cost of actually buying a new house!
All of these costs can add up quickly, so it’s important to be prepared financially before you make the decision to move.
Factors To Consider When Moving Houses
There are many factors to consider when moving houses. The most important one is probably your budget. How much can you afford to spend on a new house?
Another is your job. If you have a good job that you like, you might not want to move to a new city where you would have to find a new job.
Consider also your family and friends. If you have a lot of family and friends in your current city, you might not want to move to a new city where you would be starting from scratch.
Finally, you should also consider your lifestyle. If you like the city you live in and the things you can do there, you might not want to move to a smaller town where there would be less to do.
The Typical Costs Involved When Moving
There are a lot of things to think about when you’re moving, and one of the things you’ll need to budget for is the cost of the move itself. Here are some of the typical costs involved in moving:
- Renting a moving truck or van: This is usually the biggest expense when moving. The cost will depend on the size of the truck or van you need and how far you’re moving.
The average cost of renting a truck is $19.95 per day, plus $0.99 per mile. The average cost of a one-way flight is $209. The average cost of a studio apartment is $1,095.
If you’re moving a long distance, you’ll likely need to rent a truck or van. The cost will depend on the size of the vehicle and how far you’re moving.
For example, a 10-foot truck rented from U-Haul for a one-way move from Los Angeles to San Francisco costs $1,169, plus $0.99 per mile.
- Hiring professional movers: If you don’t want to do the heavy lifting yourself, you can hire professional movers to do it for you.
This will obviously cost more than renting a truck, but it can be worth it if you’re not up for the physical challenge of moving all your stuff yourself.
There are a few things to keep in mind when hiring professional movers:
Make sure you get quotes from multiple companies so you can compare prices. Also, ask the company if they are insured in case anything gets damaged during the move.
Understand what services the company is and is not willing to do. For example, some will only load and unload your belongings; others will also pack and unpack them for you.
Lastly, get everything in writing so you have a record of what services you’re paying for.
- Packing materials: You’ll need boxes, tape, and other materials to pack up your belongings. You can usually find these things for free if you ask around at local businesses, but if you have to buy them, they can add up.
You’ll need to find boxes of various sizes to pack up your belongings. You can ask local businesses for free boxes, but if you have to buy them, they can add up. You’ll also need tape and other materials to secure your belongings in the boxes.
Other Expenses To Keep in Mind When Moving
There are a few other expenses to keep in mind when saving to move houses. These include the cost of renting a storage unit when moving houses. It helps to offset the cost of moving itself.
It can also provide a place to store belongings that are not needed immediately but may be needed in the future.
Finally, it can give peace of mind knowing that there is a place to store belongings if something unexpected happens.
Another expense to remember is the cost of buying new furniture. It can be expensive to replace all of your furniture at once.
Plus, if you have to move suddenly, you may not have time to sell your old furniture and may have to take a loss on it.
If you are moving to a new city or state, you may not be able to take your old furniture with you. So, saving up in advance can help you avoid all of these potential problems.
Additionally, you may need to pay for utilities and other services at your new home. This can include water, gas, electricity, trash, and sewer.
8 Ways To Save Money Before Moving To A New House
If you’re planning on moving to a new house, it’s a good idea to start saving money ahead of time. Here are a few ways to do that:
Make a budget and stick to it
When it comes to saving money, creating and sticking to a budget is key. By knowing how much money you need to save, you can make a plan to reach your financial goals.
You can use a budgeting app, create a spreadsheet, or use a pen and paper. Whichever method you choose, be sure to include all of your income and expenses.
Once you have your budget created, it’s important to stick to it. This means being mindful of your spending and only making purchases that are within your budget.
Get rid of anything you don’t need or use
The less stuff you have, the less you’ll have to move – and pay to move. So go through your things and get rid of anything you don’t need or use.
This includes clothes, furniture, knick-knacks, and anything else that’s just taking up space. If you haven’t used it in a year, chances are you won’t miss it.
If you’re moving to a smaller place, you might not have room for all your stuff.
Have a garage sale, or sell items online
This is a great way to make some extra cash to help offset the cost of your move.
You can have a garage sale, or sell items online through sites like Craigslist or eBay. Be sure to price your items competitively, and take good pictures to help them sell.
Donate items you don’t want or need
This is a great way to declutter your home and help those in need.
You can donate items to local charities, religious organizations, or thrift stores. Make sure to check with the organization first to see what items they accept.
Pack your own boxes
This can save you a lot of money on packing materials and labor costs. When you are packing your own boxes, it is important to use the proper materials.
Boxes that are too small or too large can cause your belongings to shift during transport and become damaged.
Use strong tape to secure the bottom and top of your boxes, and pack them tightly with padding to prevent shifting.
Move during the off-season
Moving during the summer is typically more expensive than moving during the winter. This is because demand is higher during the summer months.
If you can, schedule your move for the fall or winter. You may be able to find discounts on moving services and rental trucks.
If you’re flexible with your moving date, schedule your move for the fall or winter. You may be able to find discounts on moving services and rental trucks.
Get multiple quotes
When you are moving, one of the biggest decisions you will make is which company to use.
The best way to ensure that you are getting the best possible deal on your move is to get multiple quotes. Get at least three quotes from different moving companies.
This will give you a good idea of what the average cost of your move will be, as well as give you a chance to compare services.
Getting multiple quotes is easy enough to do these days, with the internet making it possible to get quotes from a variety of different companies in just a few minutes.
Be sure to ask about any hidden fees or surcharges that might not be included in the initial estimate. Also, confirm what kind of services each company offers.
Some companies might offer a basic moving package, while others might offer additional services such as packing and unpacking.
Choose a DIY move
If you’re able to, consider renting a truck and doing the move yourself. This will save you a lot of money on the overall cost of your move.
If you’re considering a DIY move, there are a few things you should keep in mind.
First, be sure that you’re physically able to do the move yourself. There’s nothing worse than getting halfway through a move and realizing you can’t finish it.
Second, make sure you have enough help from friends or family. Moving is a lot of work, and it’s not something you can do alone.
Finally, be sure to compare the cost of renting a truck to the cost of hiring a professional moving company.
In most cases, renting a truck will be cheaper. Just be sure to factor in the cost of gas and any other expenses you might incur.
By following these tips, you can start saving money for your move.
Things To Remember When Saving Money For Moving
If you find yourself struggling to save money when moving into a new house, there are a few things you can do.
One of the most important things to remember when saving money for moving is to start as soon as possible. The sooner you start saving, the more likely you are to reach your goal.
Be realistic about your budget. Don’t try to save more than you can realistically afford.
Make sure to keep your savings goal in mind. This will help you stay motivated and on track. If you have any extra money, put it towards your savings. This will help you reach your goals faster.
Try to find ways to save money on your regular expenses. For example, you can cook at home instead of eating out, or you can carpool to save on gas.
And if you find yourself tempted to spend money that you shouldn’t, remember why you’re saving in the first place. This can help you stay on track and reach your financial goals.
Saving money can be challenging, especially when you’re saving to move to a new house. There are a lot of ways to save money, but it helps if you know the costs involved with moving beforehand.