What are the main expenses of relocation?

The safety of their belongings and the limited amount of time for relocation is what worries most people when it comes to this big life change. But the things that worry them the most are the main expenses of relocation. Moving is not a cheap process at all. You need to pay for moving services, renting a moving truck, packing, moving insurance, renting storage units, necessary packing supplies, etc. When you calculate everything, it seems like a whole fortune. This is why it’s important to count all relocation expenses and prepare a moving budget. Consider hiring professional movers? Long-distance movers San Antonio can help you relocate your household easily, fast and safely to your new home without hidden expenses. And now, let’s begin!

What are the main expenses of relocation?

In order to prepare a moving budget, we’ll show you what are the main expenses of relocation:

  • Boxes and packing supplies
  • Hiring professional movers
  • Moving date
  • Moving insurance
  • Renting storage unit
  • Costs of traveling to a new home
  • Pets relocation

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Prepare a moving budget

Knowing the main expenses of relocation is important for preparing the moving budget. The moving budget is essential for managing all relocation expenses. You need to calculate all costs from moving services and see what you can afford. Moving budget amount depends on the distance you’re moving, and maybe you’ll be able to choose a DIY tips and save money. Yet, the average costs of moving range from $200 to $8,000. The average cost is around $1,000. If you want to save money, consider what items you should transport personally and lower the weight of shipment.

calculator and a representation of a moving budget
Calculate the main expenses of relocation and prepare a moving budget on time.

How to calculate the main expenses of relocation?

When moving for the first time, it’s important to know how to calculate the main expenses of moving. Since we have mentioned that the average cost of a local move is around $1,000, we’ll also say that the average cost of a long-distance relocation is $4,890 for a distance of 1,000 miles. Wonder how much your move will cost? You can check a few moving companies’ websites and try out a free moving cost calculator. You can mark where you’re moving and the destination of your new home. Add the size of your move, in bedrooms and the packing supplies and you will see the average moving expenses. And if you’re relocating office, find out how to reduce employee relocation costs easily.

Boxes and packing supplies

We’ll mention packing materials first. Moving boxes and packing supplies are among the main relocation expenses. If you’re moving for the first time and you’re not experienced with packing a household, you can spend a fortune on packing supplies. Instead of that, consider hiring professional movers. If you are moving a studio apartment you will spend between $35 and $50 on cardboard boxes. For a 1-bedroom apartment, you’ll spend up to $100. Imagine buying cardboard boxes for a whole mansion? And imagine buying bubble wrapping, moving blankets, special boxes for fragile items. A whole fortune spent just on packing supplies! Try to find free moving boxes or rent eco-friendly boxes from moving companies!

moving boxes for fragile items
Moving boxes and packing supplies are among the main relocation expenses and can cost you more than hiring professional packers if you’re not experienced with moving.

Hiring a professional moving company

Hiring professional movers is sometimes a necessity, especially when it comes to long-distance and last-minute relocation. Their service represents the biggest expense of relocating, but also the best option to avoid unexpected expenses. You should definitely count in moving services in the main expenses of relocation. You can check a moving company’s webpage to see how to calculate the costs of relocation. The average cost per hour per mover is about $25-$30. How many hours they will work, depends on the size of your home and how many items you want to move. Hiring only moving labor cost about $50. Local movers usually charge around $25 per hour per mover, and it takes three movers and 4 hours to move a one bedroom apartment locally. Moving on a long-distance can cost you from $2,000.

movers loading the truck
Hiring professional movers is the biggest expense of moving, but also the best option when it comes to long-distance and last-minute relocation.

Moving date

If you want to save money and calculate the main costs of relocation precisely, choose the right time to move. The summer months are the most expensive months to relocate your household. The best months to move are November and generally winter months. This is the period when moving companies are the slowest and less expensive. And when it comes to days, Tuesdays and Wednesdays are the cheapest days to move. These days are not their peak times.

Moving insurance

During the move, your household needs safety and protection. You will provide this only buy taking a certain moving insurance. Every reliable moving company will offer released value coverage or basic carrier liability required by federal law. This type of insurance is free and it’s based on weight but cover only 60 cents per pound for an item. But if you choose full value protection, that costs about %1 of the valuation of your items. For example, for household worthy $50,000. Full value protection insurance would cost you about $500.

Renting a storage unit

Renting a storage unit is a great way to store your belongings until you finish moving or renovation of your new house. There are various types of storage unit. You can choose a portable storage unit, climate-controlled unit or unit with special equipment and 24/7 hours access. The average cost for small storage units run up to $50 per month, while larger can cost $300.

storage warehouse
Make sure to choose the right storage unit size and avoid paying huge costs during relocation.

Pets relocation

Pets relocation can be one of the main expenses of relocation. If you’re moving on a short-distance you can relocate pets with your vehicle, but long-distance and interstate moving requires moving with airlines. The average cost of shipping a pet ranges from $300-$2,000 but depends on the services and the distance. You can check a one-time $75 Handling fee per city where you need to arrange boarding, make purchase, customs clearance, transportation and vet services. For example, flying a one cat via airline will cost between $275 to $300 USD. Check airlines policies to calculate expenses.