Planning a Moving Budget

Things to Take Into Consideration When Planning a Moving Budget

Published 

June 28, 2021

In This Article

Moving to a new home can stir up a mix of excitement and stress, especially when you start thinking about the costs. It’s easy to get overwhelmed, but ignoring your budget could lead to surprises you don’t need. Planning ahead helps you keep control and makes the process smoother. At Coastal Moving Services, we know how tough budgeting can be, so we’re here to guide you through creating a moving budget that works for you.

Understand Why a Moving Budget Matters

A moving budget isn’t just a nice-to-have—it’s a must to keep your finances in check. Without one, you might overspend or settle for subpar movers, risking your belongings. The U.S. Census Bureau reports that in 2022, about 8.7% of Americans moved, with many citing cost as a major concern. Planning ahead lets you figure out what you can afford and prioritize essential services. Chat with friends who’ve moved recently for tips on cutting costs, and you’ll feel more confident tackling your move.

Estimate Mover and Transport Costs

The biggest chunk of your budget will likely go to movers and transport. Costs vary based on distance, home size, and services needed. A local move might run $500-$1,500, while long-distance moves can range from $2,000-$5,000 for a 2-bedroom home. Full-service movers, who pack and unpack, cost more than basic transport. If you’re moving a business, commercial moving may have higher rates due to specialized equipment. Request detailed quotes to compare and avoid hidden fees.

Factor in Packing Supplies and Services

Packing supplies can sneak up on you if you’re not careful. Boxes, tape, bubble wrap, and packing paper for a 2-bedroom home might cost $100-$300. If you’d rather skip the hassle, professional packing services can run $500-$1,500, depending on your home size. These services protect fragile items like dishes or electronics, saving you stress. Consider what you’re comfortable packing yourself versus what’s worth paying for to keep your budget balanced.

Account for Storage Needs

If your new home isn’t ready right away, you might need storage. A 10×10 storage unit costs $100-$200 per month in most U.S. cities, with climate-controlled options pricier. Factor in how long you’ll need storage and whether your items, like furniture or electronics, require special conditions. Some movers offer storage solutions, so ask your residential moving provider if they can bundle this service to save money.

Include Living Expenses During the Move

Don’t forget the day-to-day costs during your move. You’ll need money for meals, especially if your kitchen is packed up—budget $50-$100 per day for a family of four. Utilities like electricity or internet may overlap at both homes, adding $100-$300 to your expenses. If you’re replacing clothes or household items, include those too. These small costs add up, so planning for them keeps your budget from getting stretched too thin.

Consider Additional Costs

Moving comes with extras that can catch you off guard. If you’re shipping a car, auto transport might cost $600-$2,000, depending on distance. Cleaning your old home or new one could run $100-$400. Tips for movers, typically 10-15% of the total cost, show appreciation for their hard work. Add a 10% buffer to your budget for unexpected expenses, like last-minute repairs or extra supplies, to stay prepared.

Create Your Moving Budget Plan

Building your budget is straightforward once you know your costs. Start with your total available funds, then subtract essentials like movers, supplies, and living expenses. Decide where to splurge—like professional packing—and where to save, like using free boxes. A moving broker like Coastal Moving Services can simplify this by finding movers that fit your budget and needs, ensuring quality service without overspending. Track everything in a spreadsheet to stay organized and avoid surprises.

Work with Coastal Moving Services

Planning a moving budget doesn’t have to feel like a solo mission. Coastal Moving Services is here to help, connecting you with vetted movers who offer the services you need at prices you can afford. From home moves to office relocations, we handle the details so you can focus on what’s next. Ready to move without the financial stress?

Coastal Moving Services is here to help—call us at +1 (334) 659-1878 today!

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