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How Much Does Moving Cost? Understanding Moving Costs: Everything You Need to Know

Friday, August 12, 2022   /   by Laura Larson

How Much Does Moving Cost? Understanding Moving Costs: Everything You Need to Know

One of the final elements in your journey to a new home is the moving procedure. You don't want to go over your budget, even though hiring a professional moving company is far more convenient than attempting to do it yourself. Knowing the cost of your move is crucial whether you choose to hire movers or relocate yourself. We'll assist you in sorting out the numerous moving charges so you can effectively plan for your impending relocation, whether you're relocating into a new Bristow townhome or a house in Warrenton.

Local vs. long-distance move
Depending on how far you intend to move, relocation prices can change significantly. You should expect to pay roughly $1,500 for a local move. Moving costs will be considerably lower if you relocate to a property in the same neighborhood because some local movers charge by the mile. On the other hand, a cross-country move can cost more than $5,000.

How much does it cost to rent a moving truck?
You don't have to spend a fortune on expert movers. Some movers may let you use a rental truck to move your possessions. Various businesses have different pricing; some bill by the day, while others bill by the distance driven. For instance, U-Pack typically charges $2,600 to $3,300 to hire a moving truck.

Local pick-up truck or cargo van rentals from Uhaul start at $19.95. The price of larger trucks is $29.95 or $39.95. The first mile costs $0.59, and you'll be charged more if you return the car with less gas than when you picked it up. Renting a 10-foot truck will set you back more than $2,300 if you're transporting a one-bedroom house across a distance of close to 1,500 miles. However, if you need to move five bedrooms, you will require the largest truck and would need to pay just under $4,000 for it.

How does the type of moving vehicle affect moving costs?
The type of vehicle you need to move will depend on how much stuff you’re moving to your new house or apartment. Unsurprisingly, the bigger the house, the more items you’ll need to move and the more you’ll spend on the appropriate-size moving truck.

Cost of using moving containers
You might employ moving containers rather than working with a full-service moving firm. With these, you can just pack your goods into the containers, which the container firm will then send to your destination. The typical cost of using this method is less than using full-service movers because you are in charge of loading and unloading each moving container. 

Cost of movers and labor
Another factor in calculating your relocation costs is labor charges. Most businesses charge movers an hourly cost. The hourly labor rate for movers ranges from $25 to $50. This implies that packing up a three-bedroom house will cost roughly $1,400 and typically involve four movers and nine hours of effort. Keep in mind that additional costs like gas, packing materials, and transportation fees will be your responsibility.

Moving costs when using packing services and storage
Some people might opt to leave the packing of their belongings to the moving company rather than doing it themselves. Although convenient, this can set you back hundreds of dollars. A one-room apartment move can run you about $600, while a three-bedroom house move will run you roughly $1,100. In the days leading up to or following your move, you can also request that the moving company keep your things. Another choice for protecting your possessions during the transfer is to rent a storage container.

Cost of moving supplies
The cost of your moving goods will primarily be made up of cardboard boxes, and how many you need to move will affect how much you pay. A one-bedroom apartment move will probably require 60 to 80 boxes, costing a total of $60 to $85. The cost of additional materials like bubble wrap and packing paper must also be considered. Depending on the size of your property, some moving firms offer moving kits with a predetermined number of boxes. While a kit for a four-bedroom house can go up to $400, one for a one-bedroom apartment may cost less than $100.

Liability and insurance coverage costs when moving
In the event that some of your possessions are damaged while being transported, it is advisable to get liability coverage from your mover. Often, the cost of coverage ranges from $0 to $8 for every $1,000 worth of goods. Whether it's a local or long-distance move, this number often remains the same.

Moving costs based on time of the year
Timing is essential when figuring out the cost to move. Moving companies can charge more or less based on the demand during a particular season.

Additional moving costs
Large items like pianos or swingsets usually incur an additional fee, anywhere from $400 to $2,000. Additionally, the moving company will charge extra fees if they have to carry items a long distance, navigate several flights of stairs, or use an elevator to move your belongings. If you’re relocating far away and need to move your things quickly, expedited delivery services will cost you an additional fee.

How much does it cost to move with full-service movers?
Full-service movers are the way to go if you want to minimize the stress of the moving process. On average, a full-service move, which includes moving services, packing services, and insurance, costs around $9,000. This figure can vary widely based on the previously mentioned factors like distance and the number of items you’re moving.

Money-saving advice to reduce relocation expenses and maximize your packing space
There are a few strategies you may use if you want to save some money, according to Perfect Moving. "The most crucial one is making the most of your box space. So's crucial to do it for the products' protection as well as to save space. Boxes that are only partially filled have a weak base for their structural integrity, which could cause them to fold in or collapse when stacked.

Plan effectively
According to Jimmy Re of Star International Movers, "the cost of moving is a total of a range of services." A significant amount of the cost is the packaging. You'll save a lot of money if you pack your own boxes. Another approach to save money is to time your move, packing, and delivery to minimize storage. Avoid moving in June and July when demand is highest and prices are most likely to change. Ask your moving company for complimentary packing materials; some may provide you with limited amounts of new or old items at no cost.

Get rid of unnecessary items
As you now understand, moving prices might increase if you need to transfer a lot of stuff, particularly for a long-distance relocation. A simple solution to lessen the load is to get rid of possessions you no longer need. Throw away whatever else you don't need and give anything that is still in good condition. This is a fantastic strategy to cut the cost of relocating and stop clutter from taking over your new house right away.

Enlist the aid of family and friends
A DIY move doesn't always have to be a one-person job. You can save money by not paying movers to pack your possessions if family or friends are willing to help you relocate. This can be especially useful for local transfers since friends and family may even be able to help you move your belongings, saving you money on another expense.

Obtain estimates from various movers
It's always vital to consider your alternatives before making any large purchase. No exception applies when hiring a moving firm. To estimate the cost of relocating, speak with at least three movers. Do not rely on online rates; instead, invite the movers over for an examination and mention any specialty products you may have. This will make it easier to calculate the real cost of moving.