When someone plans to move out, he/she thinks of the privacy and freedom that you will get there, right? But the expensive cost of moving to Los Angeles makes you take a step back again. But seriously if you are planning to move and have several questions regarding cost during moving then this guide is the right option for you.
According to the data of American moving and storage association, the average cost for a local move is approximately $1,170 while an interstate move would be costlier and the approximate cost to move long distance is almost $5,630.
Additionally, there are several numbers of factors that vary the cost of the move such as the cost of packing supplies, the cost of the professional services you want to take such as packing, unpacking, loading, unloading and so on.
How much funds should I arrange before I move out?
So, the most crucial question is how much you should have before moving out. At several online websites, you might have read it that if your paycheck is $1,100 then you can take an apartment renting $7,00. But stop! Have you considered the cost of bus fare, laundry, bus fare and so on?
- Determine the actual cost of moving out and living in another city on your own
Gather as much as information you can get from your friends who have already move out, family members. Keep in mind that life has a lot of hidden costs that you might have not noticed ever. Determine all your current costs even include the cost of every small thing like the cost of the toilet paper. And if you are in need to get financial support from your parents then ask them before you make any big decision. Your paycheck should be enough to complete at least all your basic living needs.
- Prepare a budget
It is the time to prepare a budget on which you can stick on to it. Try to pay your own as much as you can without taking any support from your family. It will help you in the remaining discipline as well as you will get to know the amount that you further need to live in another city.
- Pay off all your debts
If you have taken student loan then before moving out, it is important to pay off all your debts.
Consider these costs:
Rent payment: Yes, rent is the biggest expense that you have to consider when you are planning to move out. Before you move out, check the cost of renting an apartment that fits your needs in the city where you want to live. Though it is a great idea to find a roommate to save higher on renting cost but at first, you have to consider the rent of a room.
Apart from that, don’t forget to consider the cost of the security deposits that you need to pay while renting a room or an apartment as per your needs.
Utility bills: Consider paying utility bills such as gas, sewage, water, electricity, internet connection, and so on. When you move out, you need to pay all utility bills by yourself. Utility bills vary as per the size of the home and area in which you choose to live. Call utility companies and ask for approximate utility bills by letting them know the area where you are planning to live in. This will help you in determining the cost of the utility bills.
Let’s get little personal: There are a lot of things that you need personally from new clothes to perfume to toilet paper and so on. Consider the cost of grooming items, shampoos, soaps, hand wash, conditioner and light bulbs. Most of the people forget to consider these costs. But you don’t have to make this mistake. Preparing yourself for all kinds of cost is the best way to have a successful move.
Meals and home furnishings: Remember that both food and home furnishings are expensive. Consider the cost of both before you embark on the move.
Can I afford to move out?
So you want to know whether it is affordable to move or not? Right? Readout these five steps and then determine are you prepared for moving or not.
- Determine your current expenses. Figure out every small expense. Make a list and determine the total cost.
- Figure out the new expenses that you might face in a new city.
- Determine the cost of selling your home, meeting agents and so on. Also, determine the cost of the physically moving all the items from one home to another.
- Figure out how much savings do you have.
- So, it is time to make an informed decision.
These steps will help you determine whether you afford to move or not.
How do you plan a budget for moving out?
Of course, money is the biggest factor that one considers when it comes to moving. Dig out those steps that will help your budgeting for moving out.
- Get an idea of the approximate money that you need in every phase of the move.
- Then determine your savings and financial condition. Check whether your savings are enough to cover all the costs of the move.
- Then check what kind of housing you can afford and what extras you maybe refrain from. While after some time you can consider the luxurious that you want to have.
- If the moving costs exceed your savings then it is time to respond quickly and to find out a proper solution to it. Then make a plan according to the needs ones again.
This is the best way to make a budget for your move. This does not only help you in determining the moving costs but as well as helps you in keeping the process organized.
What if I am moving a 3 bedroom house, how much does it cost?
Though the cost of moving a 3 bedroom house vary as per the distance and the size of the belongings you want to move with you. The distance of the move plus the volume of the goods plus the professional services that you require will define the total cost to move a 3 bedroom house.
A 3 bedroom move means you need to move a significant amount of furniture as well as other stuff. The best way to find out the cost of moving a 3 bedroom house is by taking moving quotes from differing companies.
Local move average cost: Local movers charge per hour, for a 3 bedroom house move, they will charge in between $80 to $100. A 3-hour bedroom move takes usually 7 to 10 hours so the cost lies in between $560 to $13,00.
A long-distance moves average cost: to move a 3 bedroom house that is more than 100 miles away, you need to pay an amount of $ 2,000 to $ 5,000. But when you need to move a long distance then it is important to take insurance that will raise the cost of the move.
Apart from that, the professional services that you choose will vary the cost of the move.