Moving can be expensive and stressful, especially if you are moving to another state and not just across the street. The average cost of moving to a new state by the American Moving & Storage Association is $4,300 costlier than the cost of moving to a place inside your state.
With the stress involved in moving to a long-distance location, you want to avoid unplanned relocation expenses. Below are 12 costs you may come across when you move to another state that you may not have planned for.
1. Stair Fees
It is reasonable to know that carrying packed moving boxes and furniture up stairways is difficult than using an elevator. If your old or new home needs your movers to climb stairs more often, you may be charged more for it. Ensure that you find out about stair fees when you contact moving companies concerning estimates because you don’t want more unexpected costs added to your job.
2. State Income Taxes
If your home is in one of the seven states that don’t charge individual income tax, or among the two with no earned income tax, then the next April will shock you when you do your taxes. While you may variably be aware that state taxes will be charged when you move, chances are, you are yet to look into how much effect it could have on your finances. Based on the state you are moving to; you could encounter an extra 3- 13% in state taxes.
3. Storage Fees
If you are moving to a smaller home than the one you currently live in you may not have the space to hold all of your goods or furniture. Ad if you are not ready to let go of those things, you will need to spend money to store them. You could spend up to $300 per month for a storage unit depending on the unit’s size, and occasionally, you will need to sign an agreement where you commit to a particular duration of time for that rental. Make sure you price out your options before you sign to get the best deal possible.
4. Connection/Termination fees
When you move to another part of town, or even across the state, there are times when you can maintain the same utility providers and just transfer your service to another address. However, when you move to another state, more than possible, you will need to select new utility providers who may charge fees like connection fees, deposits, or enrollment fees.
You may also be charged fees for canceling membership or for contracts termination with groups like your gym, cable/satellite providers, as well as some utility providers. Many of these fees and penalties won’t affect you, but the sudden expenses can be so inconvenient in addition to the moving stress- so make sure you leave some space in your budget.
5. Transporting Vehicles
How many vehicles do you have? If you have more cars than licensed adults to transport them, then you will possibly need to pay to ship your car(s) to your new address. But before you begin to shop around for the cheapest price, don’t forget that you get your money’s worth.
6. Fees for Oversized Items
You surely will not pay a surcharge for relocating boxes or standard furniture items. But if you own particular belongings that are super large, hard to move, or bulky, you may get charged a fee to move them. For instance, it is popular for movers to charge more to move pianos, so if you own one, get ready to pay.
7. Replacing Belongings that don’t worth moving
During your move, you will possibly encounter articular items that just don’t worth moving with you. For instance, you may want to haul your shower curtain that has begun to look tired or the waste bin with a foul smell. And you will likely need to pay for the replacement of some of the things you leave behind.
8. License and Registration
When you move, you will need to obtain a new driver’s license and register your vehicle in your new state. Also, some states may ask that you pay a yearly tax. While some states don’t charge this tax, others may charge using the weight or age of the car. Based on the location you are moving to; you may need to pay some money (around hundreds of dollars) in taxes on your car. Don’t be surprised by this – reach out to your new town’s Department of Motor Vehicles, including the county tax office.
9. Replacing Broken Items
During your move, some of your belongings might break or get damaged. Now in most cases, the insurance of your moving company will compensate you for broken or damaged items, but the amount you get may not be enough in making their actual replacement. For instance, if you own a set of 6 dining room chairs and one of them gets broken, you might receive a check for $100 for replacement. But if the set is no more in the market, and you have to go and get a new dining set for your own to match, the cost will be yours to cover.
10. Home Prices
Affordable prices of homes are a major reason to want to leave Manhattan or San Francisco. It is not usually a balanced comparison, though: if you are moving from a small city 1-or-2-bedroom to a better house in the suburbs, then you might have a more spacious lifestyle, but you might not be able to save extra money.
11. Differences in Cost of Living
Aside from the hue cost like mortgage, you also have to answer the cost of daily living – right from groceries to healthcare to insurance to utilities.
12. Tips for your Movers
Tipping movers is standard practice, especially when you are satisfied with their delivery. But based on your level of generosity, as well as the number of movers you have, those tips could stack up quickly. Some people give each mover a flat tip, like $20 or $30 per mover for a half-day job. Other people might tip a particular amount (like $5 or $10) by the hour. Either way, plan to give them some cash amount, especially if your movers did a great job and are courteous.
FAQ Hidden Costs of Out of State Move
How much should I save in preparation for moving out?
Begin small and have from $1,000 to $2,000 in your emergency fund. You should also save an amount that can cover 3-6 months of living expenses before you move out so you can take care of unplanned expenses, such as insurance deductibles, medical bills, as well as vacations.
How much will move a 2000 sq-ft cost?
The average cost in the industry to move a whole house is $12 – $16 for each square foot. The cost to relocate a 2000 sq-ft house could be up to $32,000. This excludes the cost of a new space or foundation.
How much will move a three-bedroom home cost on average?
Starting from $2,500 – $10,300, the cost of moving a three-bedroom house can get high based on the distance, route, and timing of the move. Hiring a professional relocation company will cost more. Renting a moving truck or making use of a moving container will save some cost but also involves more work.
What is the cheapest way to move your shipment long distance?
The least costly way to relocate cross country is to just rent a moving truck and perform the move yourself. If you are ready to drive several distances across the country, try renting a moving truck from a reliable truck rental provider. By going DIY for a move, you will possibly save lots of money.
You can save a whole lot of time, stress, and money just by getting ready. This includes performing your research so that you know the things to plan for, including leaving flexibility in your moving budget for the unexpected.
One of the best ways to reduce your unexpected costs of moving is to hire one of the best out of state movers that have carefully selected and recommended for you.