Important Considerations when Estimating a Moving Cost Budget

Moving cost can easily get out of hand when you don’t prepare the right budget, and there are many factors that can pump up the price depending on your situation.

Here’s what to Consider when Making a Moving Cost Budget

1. Distance

This is the most important consideration that will take the biggest chunk of overall cost. How far is point A from point B? Are you making a local or an interstate move? Rates largely depend on how much transportation is required. Movers are likely to ask for mileage rates especially when they offer a rental truck on a flat rate.

2. Time

The next chunk of your budget should factor in time. This is about paying movers for how long they need to work for you, usually in terms of hours. Not only will this include transportation time, but also loading and unloading your items.

3. Number of Movers

Generally, a moving company already provides two movers for each of their packages. But if you need to move a lot of items and require more help, you can also have the company provide additional movers. You will need to pay for any additional help, of course.

4. Packing Supplies

Do your research to get the best prices, as some supplies can be very expensive. However, your moving company will likely provide these items for the best price.

5. Warehousing/Storage

This is an optional cost, but it is important when the transition schedule of your new and old home don’t match. You may need to pay for warehousing or storage facilities to safe guard your items before your new home is available to move into. The cost of the storage and re-delivery fees will be another portion of your moving budget.

6. Insurance

Most moving companies will have an insurance policy that will cover the value of your belongings should anything unexpected happen. Whether this is included in your moving costs or as a separate purchase varies. Make sure to check the availability and cost of insurance before selecting a moving company.

These are only a few of the most important considerations when calculating your moving cost budget. Always consider these factors when determining the best deal from a moving company.