Study: How Much Does Moving Cost in 2023?

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Key Findings

  • Based on our projections, the cost of moving in 2023 will be 2% lower than in 2022
  • Moving costs are 4% higher so far in 2023 than in the same period last year
  • The average cost of a move is projected to peak at $421 by August 2023, 7% lower than last year’s high of $454
  • Moving costs are spiking highest in New Mexico (+39%), Kentucky (+30%), and Minnesota (+25%) in the first five months of the year
  • Maine (-15%), Rhode Island (-14%), and Oklahoma (-10%) are the states with the lowest cost of moving compared to this time last year
  • Cypress, TX (+39%) and Louisville, KY (+39%) are the cities where the cost of moving is spiking in 2023, compared to last year

 

When we looked into the cost of moving last year, prices were buoyed by record-high inflation, as well as the rising costs of fuel, cars and trucks; unsurprisingly, moving costs soared to an all-time high. 

Overall, with a peak of $454 in August, the average cost of moving in 2022 was $410 — 7% higher than the year before.

Has it gotten better? Well, based on our figures for the first five months of 2023, the average cost of a move in the United States at the half way point is currently $399, some 4% higher than in the same period last year!

But will the cost of moving in 2023 remain as high all year long, or will costs fall back to Earth? Which states are seeing the most dramatic jumps in moving costs compared to last year? And are there any places where moving is actually getting cheaper?


Still Up on Last Year: How the Cost of Moving Changed Over Time

Based on the moves booked via HireAHelper and our partners in the first five months of the year, moving costs an average of $399, just 2% higher than the $391 we recorded at the same time in 2022.

“…with the projected annual average of $402, the average cost of a move would still be significantly higher than it was before last year, especially before the pandemic.”

 

That being said, last year we saw the cost soar from $389 in April to $427 in May, a jump which didn’t happen this year; average costs largely lingered around the $400 mark.

While this is good news relative to last year, it’s worth remembering that before and during the pandemic, moving used to cost significantly less, and only started to edge into the $400 or greater territory around late 2021.


More Affordable in Maine, Costlier in Kentucky: Cost of Moving Change by State

As the cost of moving continues to climb upwards at the start of the year, here are the states where movers are most likely to be feeling the pinch.

an illustration of a microscope looking at a miniature home, moving boxes, and a price tagBased on HireAHelper figures for the first five months of 2023, New Mexico (+39%) and Kentucky (+30%), are the states where not only moving costs over 30% more than last year, but also where the average price of moving now exceeds $500.

Similar spikes in the cost of moving are seen in the three Midwestern states, the highest being Minnesota, where the cost of moving went is 25% higher so far this year. 

In Missouri and Wisconsin, the year-over-year increase in moving costs is 17% so far in 2023. Incidentally, Wisconsin is the state with the highest average price of a move this year – $515.

Other states where moving costs are significantly higher this year are Illinois, Massachusetts, and North Carolina. In these states, according to our data, people are paying around 9% more for their move in 2023 than they would at this time last year.

But it’s not all bad news! While the majority of states are seeing the cost of moving go up, there are 13 where it’s gotten cheaper than it was last year.

Maine, the state where the cost of moving spiked 51% last year, currently has the biggest annual decrease in the average move price of -15%. The state with the second-biggest dip in the cost of moving is Oklahoma, where it’s 10% cheaper to move so far this year than it was in 2022.

 

“…the biggest year-over-year drop in the average cost of a move in Oklahoma City, OK, where the cost of moving is 24% lower so far in 2023.”

 

Idaho (-9%), Connecticut (-6%), and Utah (-5%) are other states with fairly sizeable reductions in the average cost of a move. States that registered smaller decreases include Tennessee (-4%), Virginia (-2%), and California (-2%)

One possible explanation for prices dropping in these states is cheaper fuel. Based on LendingTree’s recent analysis of fuel price changes, states such as Maine, Rhode Island, Oklahoma, Tennessee, and Virginia saw some of the biggest drops in gas prices so far in 2023.

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Up in Louisville, Down in Oklahoma City: Cost of Moving by City

While our data suggests that nationally the cost of moving is up only 4%, some cities are seeing spikes that far exceed that figure.

In as many as 10 cities, the average amount people pay for their move in 2023 is at least 25% higher than it was at the same time last year. This cost of moving spike is most significant in Louisville, KY (+39%) and Cypress, TX (+39%).

In fact, Louisville, KY is the city where the average cost of a move is the highest overall so far in 2023 and is at $531.

Further down the list, Greensboro, NCIrvine, CA, and Saint Louis, MO registered an annual increase in moving costs of about 33%. 

At the city level, the place with by far the biggest year-over-year drop in the average cost of a move was in Oklahoma City, OK, where the cost of moving has been 24% lower so far in 2023.

Fairfax, VA, Chandler, AZ, and San Diego follow closely, featuring an overall 19% reduction in how much people paid for their moves in the first five months of this year.

Two Texan cities where moving is already among the cheapest in the country, Spring, TX and Katy, TX, registered, respectively, 17% and 15% year-over-year decreases in the cost of moving in 2023.

Check our interactive map showing the change in the cost of moving across states and cities in 2023:


Silver Linings: Moving Should Get (Slightly) Cheaper in 2023

Based on our figures, the cost of moving is projected to drop this year. So far in 2023, the average cost of a standard labor-only move is $399, which is a little higher than in the first five months of last year ($391). 

 

“…last year we saw the cost soar from $389 in April to $427 in May, which didn’t happen this year, as the costs largely lingered around the $400 mark.”

 

However, because we have not seen the cost of moving spike from April to May as we did last year, we can project that it’s unlikely to be as high as it was in 2022. This prediction isn’t just based on our data alone.

So far, this year is the first year since 2017 when new and used vehicles are seeing an annual price decrease. Inflation in fuel prices, as well as inflation in the U.S. economy overall is on a downward trajectory, all contributing to the small drop in projected moving prices.

Based on this year’s projections, the price will, again, peak in August when it’s likely to reach an average of $421. But that would be a far cry from last year’s $454 at the height of the moving season.

Similarly, if last year’s cost of moving didn’t dip below $400, this year we project that it will fall to $395 by the end of the year.

All this said, with the projected annual average of $402, the average cost of a move would still be significantly higher than it was before last year, especially before the pandemic.

This is all the more reason to make sure not to overspend on your move. Check out our most recent tips on how to cut moving costs or how to save money if you’re planning on renting a truck for your move. For those of you moving this summer, have a look at our guide to saving money when moving during the peak moving season.


Sources and Methodology
All charts and tables are based on the analysis of 263,000 local moves in the U.S. booked through HireAHelper.com and our partners from January 2018 through May 2023.
States and cities with less than 100 moves in the last 12 months were excluded from the state-by-state and city-by-city analysis, respectively. However, calculations of the cost of moving by month of the year or day of the week do include data from all states and cities.
Illustrations by Shideh Ghandeharizadeh

When Is the Best Time To Move?

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If you’re moving, it’s likely that one of the very first things you need to decide is when you’ll be making the trip. You probably already have an idea in mind about when you’d like to move, but is there a date that’s actually the best option?

We’ve determined that the best time to move is when moving companies are the least busy and you can have the lowest-stress move possible. This also coincides with the cheapest time of the year to move.

The answer: The best and cheapest time to move is during the off-seasons of spring and fall, mid-month, in the middle of the week, and during the morning hours.

With that in mind, let’s take a closer look at what makes that the optimal time to move.

In this article:

What Determines When the Best Time To Move Is, Anyway?

There are a lot of factors at play, for sure! And what’s best for one person might be troublesome for somebody else. For example, you may have no choice but to schedule a move during a certain window, thanks to a conflict with your job, school, or childcare.

However, what typically constitutes a good time to move includes if a move will be cheaper, there’s less demand, the weather is mild, and there are enough homes on the market to rent or buy without trouble. 

Whether you can be flexible about your moving schedule or not, here’s the breakdown about when and why the best time of the move is…well, the best.

The best season to move: spring and fall

As mentioned earlier, choosing the right time of year to move is about balancing decent weather, free time, and cost. The “offseason” is the best time of the year to move, meaning the spring months of March, April, and May or the fall months of September, October, and November. And here’s more on what makes each season a good (or bad) choice to pick for your moving date:

  • Spring: In most parts of the country, the weather is fairly mild during the spring. There may still be rain, but you probably don’t have to worry about getting rid of snow and ice before the moving truck arrives. It’s also just before the busiest moving season, so you shouldn’t have too much trouble with scheduling or cost. 
  • Summer: Not surprisingly, many people choose to move in the summer. There’s less chance of bad weather, and if you have kids, you don’t have to worry about planning your move around school hours. In fact, about 60% of annual relocations occur between May and August. Unfortunately, moving companies know this and often charge a premium during the summer months. You’ll also want to consider how hot it gets where you’re traveling — if you’re transporting heat-sensitive items such as art supplies or plants, it’s really not the ideal time to move.
  • Fall: As the days begin to cool, so does the demand for moving services. You’ll likely find better deals around this time, as well as generally mild weather. However, if you or your kids are in school, it may be tough to schedule around back-to-school season.
  • Winter: This is probably the cheapest time of year for moving — and with good reason. Unless you’re lucky enough to live in a city where it’s sunshine almost year-round, like Los Angeles or Miami, you’ll be faced with freezing temps and snowy conditions. On the plus side, it’s a slow time for real estate, so you might find some home prices that are real steals.

The best part of the month to move: mid-month

About a third of the country rents their homes, and the typical renter moves every two to three years. That’s a lot of moving around! And thanks to most leases beginning early on in the month, the first and last weeks are super busy for moving companies

Depending on the terms of your lease, you might not have any flexibility about scheduling your move. But if you do have some wiggle room, aiming for the middle of the month is best. Movers will have more availability, and you’ll probably pay less of a premium for their services. That also means you’ll want to reverse-engineer your moving checklist appropriately, since prepping should begin six weeks before the move date.

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Best day to move: weekdays

As you might guess, the most popular part of the week to move is the weekend. People often have time off from work, and so does any friends or family helping them out with the move.

 

“…about 60% of annual relocations occur between May and August. Unfortunately, moving companies know this and often charge a premium during the summer months.”

 

Of course, not only are popular times more expensive, but the slots for mover availability fill up fast on the weekends too, meaning you might not be able to find local movers who are available on the particular weekend you want. Worst-case scenario, you may need to rearrange your move date. 

So if you have the option, choosing a moving day of Monday through Thursday is much better. The earlier in the week, the better.

Best time of day to move: morning

When it comes to the actual move day, earlier is better for a number of reasons.

First, your movers are more likely to show up on time. They won’t have any jobs to complete before yours, so there’s less chance of a delay. If you wait until the afternoon, you’re reliant on the first move of the day going smoothly and efficiently to keep everything on schedule. 

If you’re moving during a warmer season, starting the move early also means you and your movers don’t have to haul boxes when the sun is at its hottest. Plus a morning move means you’re into your new place that much sooner, giving you ample time to unpack and get settled. Look to get started around 8 am to 10 am — it’s an early start, but definitely worth it in the end. 

When is the cheapest time to move?

Following the guidelines above will help you find the easiest time to move, which also coincides with the slower seasons for moving companies. As a result, you are likely to get the cheapest moving deals during fall and spring when moving companies aren’t inundated with homebuying season customers.

FAQs

What determines the best time to buy or rent?

The best time to buy a house or start a lease on an apartment is not necessarily also the best time of year to move. 

The height of the homebuying season tends to take place in late summer and early fall, so the best home prices can be found closer to the end of the year

Meanwhile, rental prices tend to hit their lowest points around December through March

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What is the best time to move into an apartment?

When apartment hunting, you can save money by signing a lease during non-peak times. Rentals are more popular in the summer months when parents don’t have to worry about interrupting their kids’ school schedules, and when college students are looking to secure housing before the next semester starts up in the fall. 

The longer an apartment sits on the market, the more likely it is that the owner will drop the rent to attract a tenant. So looking for an apartment after the seasonal rush — around December through March — will allow you to find better deals. The tradeoff is that there will be fewer units overall, so you may not find exactly what you’re looking for.

What is the best time to move into a home?

Prospective home buyers typically do their shopping in the summer months, when kids might have time off school and it’s easier to plan. So the best time to buy a house is typically after peak homebuying season, which is late summer or early fall. Buying a home during this off-season means you can still find plenty of homes on the market, deal with less competition, and find better prices.

And while you may be thinking this means waiting until the winter will give you more negotiating power, there will be fewer homes on the market then.  

2022 Study: This Is the Most Expensive Year in History To Move

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Key Findings:

  • So far in 2022, moving costs are 9% higher than in the same period in 2021
  • In May 2022, the average cost of a move was $427 — 15% higher than in May 2021
  • Moving was at its absolute cheapest during the height of the pandemic (2020; $320 on average) 
  • The average cost of a move is set to reach a high of $454 by August 2022, coinciding with peak demand for moving services
  • Moving in 2022 is more expensive in 39 out of the 45 states in which data is available, with Maine seeing a 51% YoY spike
  • The rise in the cost of moving affects 90 out of 108 cities, most notably Columbia, SC (+42%) and Seattle, WA (+39%)

 

In May 2022, inflation in the United States reached a 40-year high of 8.6%. That’s the highest it’s been since the recession of 1981, when the economy struggled to shake off the impact of the oil crisis of the late ’70s.

At HireAHelper, we don’t have the data going back decades, but the data we do have shows that the year-on-year increase in the cost of moving is also off the charts. In May 2022, an average move cost $427 — 15% more than a year ago.

And it’s not just a one-off. In the first five months of 2022, moving costs reached an average of $394, which is 9% higher than they were in the same period last year.

In part, that’s down to the rising prices of goods and services that are essential for the moving industry:

You get the picture. On the backdrop of high inflation, the ever-rising gas prices, and increases in costs of trucks and labor, moving costs are also rising to unprecedented levels.

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Up Since the Pandemic: How the Cost of Moving Changed Over Time

From 2018 to early 2021, the change in the cost of moving was relatively flat; rates would go up only 4% one month, then down 3% the next month.

Then, the global pandemic happened. This forced many to put their moving plans on hold, resulting in the cost of moving services declining for four months straight (February-May 2020). In May that year, the cost of a move on average was $320 — 10% cheaper than the year before and the cheapest it’s been in the last five years.

 

“Assuming 2022 will look like non-pandemic years in terms of when and how many people move…the average cost of a move will reach a record-high of $454 per move by August.”

 

As the pandemic eased and vaccinations picked up in 2021, moving activity resumed its typical levels and prices bounced back. During this period, moving costs were up by an average of 15% year-over-year. By August 2021, the cost of moving crossed the $400-mark, averaging $407 per move.

 

cost of moving over time 2022
(Click here for interactive version)

 

Since then, the cost of moving ebbed and flowed before reaching an astounding $427 in May of 2022. Way ahead of the inflation rate, the cost of moving is 15% higher than it was this time last year, and 10% higher than just a month ago.

In fact, since January 2021, the cost of moving has only gone up year-on-year. In other words, there hasn’t been a single month in that period where the cost of moving wasn’t higher than it had been 12 months prior. 

 

cost of move inflation 2022
(Click here for interactive version)

All Over The Place: Where Cost of Moving Soared Highest

Now that we know moving is becoming more expensive nationally, let’s have a look at how the cost of moving has changed in different parts of the country. 

Which states are seeing the greatest jumps in moving prices? In which cities are the moving costs spiking? Are there any states and cities that buck the overall trend?

Based on our figures, those moving in Maine are experiencing the biggest year-over-year spike in cost. The average so far this year is $525, which is some 51% higher than the $350 cost of an average move in the first five months of 2021.

Overall, so far there are five states where moving in 2022 costs a whopping 25% higher or more than during the same period last year. Besides Maine, these states are Nebraska (+30%), Utah (+28%), Alabama (+27%), Idaho (+27%), and Delaware (+26%).

 

(Click here for interactive version)

There were also five states where the cost of moving remained the same or decreased compared to May 2021. It should be pointed out that the percent decrease was quite marginal in all cases, and only reached a maximum of -6% in New Mexico and -5% in Minnesota.

 

“On the highest end, Columbia, SC (+42%) and Seattle, WA (+39%) saw an increase in moving costs of around 40% during the first five months of 2022, as compared to 2021.”

 

Cities followed a similar pattern to states. In 90 out of 108 cities for which there are representative data, we saw a significant increase in how much moving costs in May 2022 compared to in May 2021.

For the majority of cities, the price spike was between 10% and 25%. On the highest end, Columbia, SC (+42%) and Seattle, WA (+39%) saw an increase in moving costs of around 40% during the first five months of 2022, as compared to 2021. 

 

city by city cost
(Click here for interactive version)

 

Top among those few cities where moving costs didn’t spike are Rochester, NY (-25%), Knoxville, TN (-22%) and Milwaukee, WI (-15%). Curiously, the cost of moving in New York City stayed the same in 2022 as it was the year before.

High Season: Summer Signals Even Higher Moving Costs

As if it wasn’t high enough already, the cost of moving is likely to rise even more this summer. Partially, this is due to inflation, but to a greater extent, this is also due to the laws of supply and demand.

Peak moving season, i.e., the time of the year when Americans are most likely to move, is routinely observed from June through August. Roughly 40% of all moves that happen during any given year take place during the summer months, meaning that’s when the demand for moving services is the highest.

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This demand is reflected in the increased cost of moving during the summer. Based on our data going back to 2018, moving costs tend to peak in August. (The only exception was 2020 when, for reasons noted above, moving season shifted to autumn and the cost of moving was highest in October.)

What does this mean for 2022? Most likely, despite the already higher costs, moving is likely to get even more expensive as we get into the summer and the height of the moving season.

 

forecasting move cost 2022
(Click here for interactive version)

 

Assuming 2022 will look like non-pandemic years in terms of when and how many people move, our forecast suggests that the average cost of a move will reach a record-high of $454 per move by August.

This would make 2022 the most expensive summer for moving in the U.S. by far. Even though the average cost is likely to return to the $400-mark by year’s end, 2022 is projected to be the most expensive year for moving on record.

 

year on year move cost
(Click here for interactive version)

 

There’s not much we can do about inflation and rising gas prices, but you can still fight back against rising prices!

First, have a look at our guide to help figure out how much money you should spend on a move. Looking to rent a U-Haul? Check our tips on how to save on your truck rental

And if you are planning to move this summer, be sure to read our advice on how to save money on moving during peak moving season.


Sources and Methodology
All charts and tables are based on the analysis of 233,000 local moves in the U.S. booked through HireAHelper.com and our partners from January 2018 through May 2022.
States and cities with less than 100 moves in the last 12 months were excluded from the state-by-state and city-by-city analysis, respectively. However, calculations of the cost of moving by month of the year or day of the week do include data from all states and cities.

Illustrations by Elizabeth Gu
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