How To Estimate Moving Costs
May 22, 2020 brooklyn moving company,moving
Pop Quiz: What’s the average cost to move a 1-BR apartment within NYC in 2020?
- A. $750
- B. $1250
- C. $1500
Answer at the bottom.
The dollars and cents that go into moving vary greatly depending on a number of factors.
Making the decision to move can be an exciting one, whether you’re moving across town or across the country. But it can also be a milestone surrounded by uncertainty: am I making the right decision? How will my kids adjust to a new school? Will I like my new neighborhood?
According to the US Census, 14 percent of Americans moved in 2019, for reasons related to housing, family, and employment. And there’s one question pretty much everyone who is thinking about moving asks: How much will it cost to relocate?
There are all kinds of moving expenses to keep in mind, including changes in cost of living, balancing two mortgages (or a mortgage and rent) during the transition, and the cost of actually getting all your belongings from point A to point B. Here’s some information about average moving expenses to help you make sense of it all.
Estimating moving costs
Roughly half of all people who move use professional movers, whether they’re moving short or long distances. In the past, we’ve worked with Brooklyn-based Movers Not Shakers, which is a “green” moving company.
These are average costs for moving, according to HomeAdvisor (and not specific to one company). Of course, prices vary by region and by distance. In New York especially, this can vary widely. Be sure to get a few quotes and check Yelp reviews.
|
Type of move |
Average charge |
Extra charges |
|
Local/intrastate (under 100 miles, including 2 movers + truck) |
$80-$100 per hour |
+ $25-$50 extra per additional mover |
|
Interstate/cross-country (over 100 miles) |
$4,000-$7,000 per move |
+ $0.50 per pound |
How much does it cost to move across town?
Local moves make up the vast majority of people moving every year. According to Zillow research, 57 percent of home buyers who also sell a home move within the same city, and 86 percent move within the same state.
For local moves, you’ll typically pay an hourly rate that includes a truck and the services of two movers. The bigger your home, the longer your move will take.
Consider these estimates from HomeAdvisor.
|
Size of house |
Estimated time of move |
Average price range |
|
Studio 1-bedroom apartment |
3-4 hours 3-5 hours |
$400-$700 $700-$1100 |
2-bedroom apartment |
4-6 hours |
$1100-$1500
|
|
3-bedroom apartment |
5-7 hours |
$1500 and up |
How far in advance should I book local movers?
Keep in mind that most people move between May and September, so you’ll want to book your movers at least four weeks ahead of time. The earlier you book, the more likely you are to get the day and time that works best for you, and the more likely you are to get an experienced crew.
The least expensive days to move are Monday-Thursday. In the off-season (October-April), you can often book movers with only one to two weeks’ notice. Keep in mind, your new building may have strict rules about move-in dates, such as the first or last day of the month only, or no moving on weekends. Be sure to check with your new landlord to confirm before booking.
How much does it cost to move across the country?
While local movers typically charge by the hour, for a cross-country move you’ll likely be charged based on two key variables: weight and distance.
Weight
Before the move, the empty truck is weighed, and your mover should provide you with an “empty weight” receipt. Then, once all your belongings are loaded, they’ll weigh your truck again to help them determine your moving cost.
Have no idea how much your belongings weigh? Reputable movers will give you an estimate before you sign on the dotted line, using average weights for homes of your size (more on estimates later).
For example, the goods inside a 1,000-square-foot, 3-bedroom apartment typically weigh about 5,000 pounds. A 2,800-square-foot, 4-bedroom home’s furnishings typically weigh in at around 20,500 pounds.
Distance
Simply put, the farther a moving company has to transport your belongings, the higher the bill will be. You’ll likely be charged a per-mile rate in addition to the weight-based charges. Make sure to ask if there are any additional transportation charges, like fuel or tolls.
How far in advance should I book movers for a long-distance move?
For an interstate or cross-country move, you’ll want to book your movers as early as possible — ideally six to eight weeks before your move.
Movers loading moving truck
Moving costs vary depending on factors such as the number of belongings, the length of the move, and the services provided.
Typical moving expenses
Whatever kind of move you’re planning, the moving expenses you’ll incur will vary based on the level of service you’re looking for:
Just a truck rental: The ultimate DIY move, in this scenario you’ll be doing the packing, loading, transportation, unloading, and unpacking on your own, with just the help of a rental truck. Flat per-day rates start at around $20 per day, depending on the size of the truck, plus charges for gas and mileage.
Loading, transportation, and unloading: Save your back by doing all the packing and unpacking yourself, but have professional movers do the heavy lifting. For a local move, this service can range from $200 for a one-bedroom apartment to $2,000+ for a 4-bedroom house.
Full-service moves: Leave everything to the pros, including wrapping and packing your belongings, loading them, transporting them to your new home, and unloading. You’ll just be responsible for unpacking your belongings and getting settled. This type of move is usually used for long-distance moves. Expect to pay roughly $2,000-$5,000 for the transportation, plus about 50 cents per pound, plus $25-$50 per hour, per mover for packing and unpacking help.
Temporary storage: If your moving dates don’t line up exactly, you may find yourself needing to temporarily stash your things in a storage unit or moving container. Storage facility rates start at about $50 per month for a small unit, and go up to $300 or $400 for larger units. If you’d like the convenience of a portable storage unit that’s delivered to your home, loaded by you, and stored in a warehouse until you’re ready for re-delivery, expect to pay $150-$300 per month, plus delivery and re-delivery costs.
Moving supplies: Instead of buying and then recycling boxes, you can go green and rent hard plastic boxes for your move. Prices start at about $50 per week for enough boxes to pack a 1-bedroom apartment, and up to $200 to pack a large house. Once you’re done, the rental service will pick up the boxes. To save money on cardboard boxes, check your local “buy nothing” group or moving truck rental company, which often have used boxes on hand.
Additional costs of moving
When calculating your relocation budget, make sure to keep in mind these unexpected moving costs:
A transportation surcharge if the moving company pays workers more for working in metropolitan areas, where labor costs are often higher.
You may opt to purchase full value protection insurance. Released value protection is typically included by movers at no cost, but the protection is minimal — just 60 cents per pound per article lost or damaged.
Charges for moving vehicles, including cars, boats, and motorcycles.
Surcharges for moving large or fragile items — think swing sets, pianos, extra-large furniture, or riding lawn mowers.
Additional charges if the movers have to walk more than 75 feet from door to truck, or if they need to use stairs or an elevator.
Additional charges if your street is too narrow to accommodate a moving truck and they’ll need to shuttle your belongings with a smaller truck.
You may find yourself paying unexpected moving costs if there’s a delay in the availability of your new home and the moving company has to put your items into storage.
Moving cost agreements
Any reputable moving company should provide you with a quote before your move, using the industry-standard rate book published by the Household Goods Carrier Bureau, called the Tariff 400-N. There are two main types of moving quotes:
Non-binding estimates are the industry standard. They reflect the company’s best guess as to what your final bill will be, but they can often be inaccurate. Whenever possible, opt for not-to-exceed quote.
Not-to-exceed estimates are quotes where the moving company commits to a maximum price.
To avoid being surprised by high moving costs, ask your movers to provide a not-to-exceed estimate.
Get moving
When it comes to moving, the best way to limit your costs (and to keep your sanity) is to move quickly. The faster you’re out of your old home and into your new home, the less you’ll pay in movers, rented supplies, storage costs, and — most importantly — overlapping mortgage payments or rent.
Pop Quiz Answer: What’s the average cost to move a 1-BR apartment within NYC in 2020?
A. $750 B. $1250 C. $1500
B. The average price is around $1000 – $1200 for a 1 BR, but it can’t hurt to factor in extra for unexpected delays, damages, or tips for your movers.