6 Financial Tips for Moving to a New State on a Budget

by Dusty Rhodes on Jul 14, 2022  in 
  • Portable Storage
  • Long Distance Move
  • affordable moving
moving on a budget


Are you moving for a new job? Or are you just looking for a change of scenery? Whatever the reason, moving to a new state can be stressful and expensive. That’s why it’s important to consider some important factors, arm yourself with the right information, and set a moving budget to help you stay on track of your finances. Here are some important tips to help you save money and stay on budget when you are moving to a new state.


1. Examine Your Salary and Cost of Living in Your New State

It’s most common for people to move to a new state for work. Whether you are being offered a higher paying job or you have more opportunities in your field in another state, your paycheck will be a major factor in determining your moving expenses and budget. In addition to understanding your new salary, you also want to consider the cost of living in your new state compared to your current state. This will help you better understand and identify a budget for buying or renting a home in your new state. Consider things like the median home price, utilities, food and groceries, and transportation costs. It is best to arm yourself with as much information as possible so you can make informed and responsible decisions.

2. Create a Detailed Budget

When you are trying to move on a budget, you first need to determine how much you can safely afford to spend on your move. Start by making a detailed budget for your move, including all the services you will need and how much each one will cost. Don’t forget to include food, gas, and lodging if you are moving a long distance. You also need to include all of the expenses that come with buying a house such as realtor fees, mortgage costs, and fluctuating interest rates. Make a realistic budget and stick to it.

3. Declutter and Purge

A great way to save money on moving expenses is to get rid of all that extra junk. Go through each room in your house and purge any unwanted items. Toss out anything that is damaged or broken, set aside any items you wish to sell, and donate the rest. The more you get rid of, the less you have to move and that means fewer moving supplies and less time hiring professionals. Also, selling items like furniture and old electronics can mean extra cash in your pocket for moving.

4. Research Moving Options and Compare Pricing

There are multiple options when it comes to interstate moves. Consider your budget, the number of items you are moving, and the distance of you move, in order to choose the best moving option for you. The following options are available for interstate moves:


Hire a Professional Moving Company: This is typically your most expensive option, depending on the services you choose. If you are considering hiring a moving company, be sure to shop around and compare rates before booking. If possible, you can also save money by booking during the off-season.


Rent a Portable Storage Container: This is usually cheaper than hiring professional movers and can offer convenient storage options, should you need storage when you arrive in your new state. Again, shop around for the best rates.


Rent a Moving Truck: This may be a viable option if you are moving a small apartment or you are planning to only move with a smaller amount of items.

5. Save on Packing Supplies

The cost of purchasing moving supplies such as boxes, packing materials, and cushioning materials can really add up when you are moving. You can save a great deal of money by gathering boxes from friends and family who have recently moved or by checking out your local grocery or warehouse stores. You can also post on social media that you are in need of moving boxes and supplies. Finally, get creative with things you already have like packing in suitcases and wrapping fragile items with towels, linens, and blankets.

6. Negotiate for a Relocation Package

This could end up being your absolute best bet for moving on a budget. If you are moving for a job, ask your employer to cover all or some of your moving expenses. While this isn’t an option for everyone, many employers offer this as an incentive to recruit great talent. Many relocation packages include trips to go house hunting, full service moving and shipping costs, travel expenses, and even certain costs associated with selling and buying homes.

Dusty Rhodes