Five Hidden Costs of Moving to Austin for a New Job

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Five Hidden Costs of Moving to Austin for a New Job

Most people know that moving to a new city for a job is a costly proposition in terms of time and money. The list of items to budget for is long. Even the most budget-conscious of people may not think to set aside for some things that could come up in the course of a move to Austin. If you are thinking about a new job in a different city, here are five expenses you should consider as you prepare a budget.

1) The cost of moving your stuff

If your new job is with one of the 41% of companies in the United States that does not make available some type of funds to help compensate for the move you will have to make, this is a bill you will have to foot yourself. Whether you appoint a company to move your household or you decide to handle it yourself, it can get expensive. Picking the former may have higher upfront costs, but there will still be sizeable expenses with the latter selection, too.

For starters, you'll have to rent a trailer (and a hitch if you do not already have one installed on your vehicle) or moving truck to transport your possessions. Further, you'll have to account for travel-related expenses while you are traveling to Austin.

A do-it-yourself move may not be as expensive as hiring a professional mover to do it for you, but it will not be cheap. Plan accordingly. Read more about the Pros and Cons of DIY Moving here.

2) The cost of traveling to a new location in Austin

Speaking of traveling…

This was mentioned briefly above, but the cost of traveling to a new location has to be brought up when discussing a move. If you are planning on driving, you need to account for food, gas, lodging, and tolls, if applicable, as well as save some money for vehicle repairs in case there is a flat tire or worse while you are on the road.

Even if you hire a professional mover and plan to fly to your new city, there is still the cost of plane tickets. Either way, you will need to allot some money to get to Austin.

3) The cost of temporary housing in Austin

If you do not have living arrangements lined up when you arrive in Austin, you will at least need to make arrangements for a location to live temporarily while you search for something less temporary. It may be a hotel, or a month-to-month lease on an apartment, but it is one thing you should take into consideration. Another consideration should be the cost of storing everything you do not need while you search.

4) The cost of living in Austin

The salary you are being offered may be ten percent higher than what you are now being paid, but how much will that matter if the cost of living is eleven or twelve percent higher in the town you will be moving to? Compare what you'll be shelling out there for things like groceries, transportation, and insurance to what you are paying now to see what the variance in costs of living could cost you.

5) The cost of leaving your caring community and creating a new one

No, this cost is not a budgetary one, but it is important to think about when you are relocating for employment. Unless you are a loner, you have a community of people where you are currently that probably consists of family, friends, and co-workers. Going to a new city will sever some of those relationships and make others more strenuous to sustain. It can take massive amounts of time and effort to build similar bonds in a new place, so prepare yourself correspondingly.

Ready to make the move to Austin? A-1 Freeman Moving Group can provide a free estimate. 
 

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