Moving across the country has always been a challenge, but with more Americans moving than ever before, is it possible to stay under (or even at) budget?Via ForbesAdvisor
, to the moving industry. But just how badly has this change disrupted pricing and moving patterns? We took a deep dive into why moving across the country is so expensive right now, which factors are at play in the decision to relocate and where people have chosen to move.
Morales explained that after Covid-19 hit the United States, manufacturing across relevant sectors slowed and gas prices increased. “Everything from [the cost of] packing supplies to trucks increased. Therefore, moving costs increased.” Then, there’s the sheer volume of people who, as a result of Covid-19, decided to move somewhere else.
According to Morales, a move from New York to Texas, with a truck carrying 714 cubic feet of items, cost between $4,284 and $4,500 in 2020, while in 2021, the same move costs between $4,998 and $5,500, showing an almost 20% increase in rates. So while East Coast to West Coast moves cost less on average than the opposite route, prices are still much higher in 2021 compared to the previous year.
Morales added that California, in particular, experienced record numbers of moves partially because of the wildfires at the beginning of Covid-19, which pushed many residents out of their homes for safety and environmental reasons. However, Carrigan argues that the trends we are seeing now have been in the works for a few years before Covid-19. “There was already a truck driver shortage prior to the pandemic, and it has only gotten worse.”
“Some moving companies are choosing to do fewer moves so they can maintain normal delivery times. So instead of delaying moves, they’ve chosen to take on fewer customers in order to keep delivery times consistent,” Carrigan added. “[That’s] another reason why prices are higher and availability is lower this year.”
Rachel Abraham, who moved from Denver to Ellsworth, Maine, initially opted for a moving company, but after reading terrifying reviews, canceled and paid a high fee instead of trusting all of her belongings with a poorly reviewed company. As for those moving for a new job or job transfer out of state, 72% chose to move to Nebraska, while Wyoming was a hot spot for those looking for a lifestyle change, with inbound percentages reaching 29%. Idaho was a popular state to move to for better cost of living and boasted an 11% inbound move increase.
Comparing the 10 cities’ total population against the percent change of moves in, Katy saw a whopping 16% change in incoming residents because of its lower population. Following are Richmond with a percent change of 13.9% and Naples with a percent change of 8.14%. Below, we reorganized these top cities to show those with the largest percentage change of residents moving in against their overall population. The population shown is as of 2019.
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