How To Budget When Moving House In A Big City

When you decide to move to a big city, there’s a lot to consider. You might need to think about the type of neighborhood you want to live in as well as education options if you have children. Commute times are also going to be another issue to think about and of course, you need to find a property that you love where you can build a new home.

Moving is very stressful so it’s best to plan it in advance and then tick off milestones along the way.

One of the most important factors of moving is always going to be the cost. It’s crucial you know how much moving is going to cost you and whether it fits into your budget. For instance, you might be moving in a big city like New York. Let’s explore some of the costs here, what you’re going to need to budget and potential areas that you just might be able to save.

How Much Is It Going To Cost?

The average cost for moving in New York City is just above $1000. It is worth looking at how this figure breaks down and what you’re going to need to pay for. So, first, you need to think about how much you’re going to pay the removal team.

On average a moving company in New York, may charge between $90 and $150 per hour. This is based on the larger players on the market and you might find cheaper prices if you shop around. So, if your move takes roughly six hours, you will probably spend roughly $700 here alone.

But that’s not the only cost that comes into play. You also need to think about boxes and packaging. You might be surprised to learn that, depending on the amount of furniture and items that you need to package you could spend well over $150 here.

You also need to think about how much you are going to have to tip the removal team that you choose. The standard tip is ten percent which could add at least another hundred on which brings us to that $1000 figure we mentioned. It’s worth pointing out that this is for a one bedroom home for two working professionals.

For a small family, you would be looking at a two bedroom home. As you might have expected, this pretty much doubles the cost. So, instead of over $1000, you could be looking at anything up to $2250.

Build Your Budget

The numbers below are just a rough estimate. There are a number of factors that you’ll need to consider that will impact that actual price you pay. For instance, the move could be trickier. If that’s the case, then you’re going to need a removal team for more hours adding to the cost.

The amount of items you need could also mean you require more than one truck as well and of course there’s the distance they have to travel. A ten-mile move is going to cost you significantly more than a five-mile move. You will also need to think about how heavy items are, the level of furniture you have and the number of rooms that need to be packed up. All these factors will help you build up the actual cost you’ll need to pay.

Can You Save?

Finally, there are a few ways that you can save when moving in a big city. First, if you decide to move in the middle of a month, you will typically find that the costs are lower because this is a less popular time. As for boxes, ask around at local stores to see if any business owners have spare ones you can have or buy cheaply rather than purchasing them online. You might also want to think about using a flat rate company.

Flat rate companies make the costs easier to understand and are great if you’re worried issues with traffic or accessibility are going to balloon the time it takes and therefore the costs.

We hope this helps you budget your move in a big city like New York, and here are some tips on top things to consider when moving into your new home.