Your Move Economics

Moving seems like an expensive life event, but it doesn’t have to break the bank. Consider these factors when you are budgeting for the cost of moving to a new home.

• Compare moving company’s service offers and prices. Do your homework before choosing a moving company and you can save hundreds of dollars on moving services.


• Purchase your own moving boxes and supplies. You may already have packing supplies around the house or you can start saving them now.


• Pack your own household goods and you could save hours of paid labor.


• Collect any deposits made at the time of your last move from your landlord or utility company.


• Ship your car and you might save money. How much would you spend on gas, highway tolls, hotel stays and food if you drive yourself to your new location?


• Schedule the date of your move when moving companies are not as busy, for example in the middle of the week in the fall and winter months.


• Use a tax deduction if you are moving your home to start a new job, or moving because your job has moved. Contact the Internal Revenue Service for more details.


• Cancel any memberships to gyms and local associations that you will not use after you have moved to your new location.