Understanding Moving Costs: What to Expect & How to Save

Moving to a new home can be exciting, but it often comes with a price tag that surprises many. From hiring movers to unexpected fees, the costs of moving add up quickly if you’re not prepared.

Whether you’re relocating across the street or across the country, understanding what goes into moving costs can help you budget effectively and avoid last-minute stress. Here’s a breakdown of common expenses and some savvy tips to keep your move affordable.

Common Moving Costs

1. Moving Company Fees

If you hire professional movers, this will likely be your biggest expense. Costs depend on distance, amount of belongings, and services chosen.

Local moves: Usually charged by the hour, averaging $80-$100 per hour.
Long-distance moves: Charged by weight and distance, ranging from $2,000 to $5,000 or more.

Additional services like packing, unpacking, and specialty item handling (pianos, antiques) can increase costs.

2. Truck Rental

If you’re moving yourself, renting a truck is cheaper but still costs money.

Rental fees vary based on truck size and rental duration, typically $20–$100 per day plus mileage.
Don’t forget fuel costs and insurance.

3. Packing Supplies

Boxes, tape, bubble wrap, and packing paper add up quickly.

Estimate $100–$300 for supplies depending on how much you need.
Consider free boxes from grocery stores or community groups to save money.

4. Storage Fees

If there’s a gap between move-out and move-in dates, you may need to rent storage.

Storage units vary in size and price; expect $50–$300+ per month.
Look for discounts or short-term specials.

5. Insurance

Moving insurance protects your belongings.

Basic coverage may be included with movers, but you can purchase additional insurance.
Costs vary; expect a few hundred dollars depending on the value of your items.

6. Utility Setup and Deposits

Starting new utility accounts often requires deposits or setup fees.

Budget $50–$200 for deposits on water, gas, electricity, internet, etc.

7. Miscellaneous Expenses

Don’t forget potential parking permits for moving trucks, cleaning fees for your old place, or meals during the move.

Tips to Save on Moving Costs

Declutter First: The less you move, the cheaper it is. Donate or sell items you don’t need.
Compare Quotes: Get estimates from multiple moving companies and ask for detailed pricing.
Move Off-Season: Moving in fall or winter can be cheaper than peak summer months.
DIY When Possible: Pack yourself and consider renting a truck if you’re comfortable.
Ask About Discounts: Some companies offer discounts for military, seniors, or students.
Use Free Packing Materials: Check local stores or online marketplaces for free boxes.

Sample Budget Breakdown for a Local Move

Expense	Estimated Cost
Movers (4 hours)	$320—$420
Packing Supplies	$100—$150
Truck Rental (if DIY)	$50—$100
Insurance	$50—$150
Utility Setup	$100—$150
Miscellaneous	$50—$100
Total Estimated Cost	$670—$1,050

Final Thoughts

Moving doesn’t have to break the bank. By understanding where your money is going and planning ahead, you can keep costs under control while ensuring a smooth transition. Start budgeting early, research your options, and remember — a little preparation goes a long way.

This blog is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Main Street Renewal always encourages you to reach out to an advisor regarding your own situation.

Main Street Renewal is a licensed real estate brokerage.

We are focused on renovating and leasing homes across the country. We are proudly based in Austin, TX and have branches in 30 cities with more coming soon.

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