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

2021 Data Study: The Rise (and Rapid Fall) of Remote Workers

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Category: Corporate Relocation, Moving Advice

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Key Findings

  • As of August 2021, 20.5 million Americans are working from home due to COVID, fewer than half (42%) that were working remotely at the start of the declaration of the pandemic in 2020 (48.7 million)
  • On average, 13.4% of Americans worked remotely in August 2021, an increase from 13.2% the month previous (July 2021)
  • July 2021 into August 2021 is the first increase of remote workers in America since December 2020
  • There are 15 occupations where over 50% of employees still work remotely, including finance, insurance, and tech jobs
  • Rates of remote work are highest in coastal states, including Massachusetts (24%), Maryland (22%), and New Jersey (21%)
  • Across metropolitan areas, employees in San Francisco, CA (36%), San Jose, CA (34%), and Madison, WI (29%) were most likely to work remotely in August 2021

 

Working from home was something many Americans were forced into. This was rightly burdensome for somemostly those left to juggle childcare, work, and household activities from home. Yet for others, remote work became a positive opportunity.

Some of us got to do some gardening in the middle of the workday, or skip a crowded commute, or completely move out of an overpriced city to live somewhere quaint, green, and most importantly, affordable. 

But now, 18 months into the pandemic, how many Americans are still working remotely? In this data study we break down changes in remote work patterns in the U.S., look at how rates of teleworking vary by state, metropolitan area and occupation, then examine whether the rise of the delta variant may have had any impact on remote work.

Back to the Office? Remote Work in Steady Decline Since the Start of the Pandemic

When the Bureau of Labor Statistics began reporting on the number of people forced to telework due to COVID-19 in May of 2020, more than one in three (35%) adult Americans were working remotely.

remote workers 2021Heading into the end of 2021, remote work is in firm decline. According to the Bureau of Labor Statistics, as of August 2021, 13.4% of all employed Americans are most currently listed as working from home due to the pandemic. That’s almost three times fewer than the figure of remote workers from May 2020.

Worth noting, however, is that 13.4% is actually a higher share than the 13.2% that were working remotely in July 2021. This is the first time the number of remote workers has increased since the pandemic peaked in late 2020. Could this bump be related to the fact that the more aggressive delta variant of COVID has become a prevalent strain of the disease in the U.S. in July? Possibly, though we can’t say for a fact.

For many occupations and industries, the share of remote workers was never particularly high. Over 90% of healthcare professionals, construction laborers, truck drivers, agricultural workers haven’t at any point in the last 18 months worked remotely, and that makes sense, given the nature of their work.

For people in certain knowledge-based roles, the rates of remote work reached as high as 80% in May of last year. Yet even Americans in these occupations have been slowly returning to their usual workplaces.

 

“According to the Bureau of Labor Statistics, as of August 2021, 13.4% of all employed Americans are most currently listed as working from home due to the pandemic. That’s almost three times fewer than the figure of remote workers from May 2020.”

 

Most statistically notable of those returning to the workplace are teachers and educators, 80% of whom delivered lessons and lectures from home after the pandemic shut down schools in May 2020, yet are now almost entirely back to work.

Meanwhile, the share of Americans working remotely in community and social services has decreased by a factor of three. Similarly, only half as many scientists and researchers carried out their work from home in August 2021. 

The same goes for general business services (think sales, marketing, and human resources), where only 37% of employees work remotely due to COVID in August 2021; that’s a far cry from the 67% that did so in May 2020.

Even in tech, whose workforce seemed to have culturally embraced teleworking the most successfully, the percentage of employees continuing to work from home has reduced by 65%.

Finance, Insurance, and Tech: 15 Occupations Continue to Embrace Remote Work in 2021

While the above statistics describe the behaviors of broad groups of professions, let’s delve into individual occupations to see where remote work is still remarkably popular.

 

“Most statistically notable of those returning to the workplace are teachers and educators, 80% of whom delivered lessons and lectures from home after the pandemic shut down schools in May 2020, yet are now almost entirely back to work.”

 

Figures from the Current Population Survey suggest there were 15 occupations where over 50% of employees worked from home in August 2021. The three professions with the highest share of remote workers are all in economics and finance. Economists (92%), budget specialists (77%), and actuaries (71%) were more likely to work remotely than any other occupation.

Further down the list appear people in science-related jobs. Among them are astronomers and physicists, aerospace engineers, procurement clerks, and environmental engineers, all of which had between 60% to 70% representation of those who still worked remotely by August of 2021.

Work-from-home rates for operations research analysts, mathematical scientists, financial analysts, and credit analysts were between 55% and 60%. Rounding out these 15 occupations are eligibility interviewers, engineering managers, and public relations specialists.

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Fear of Fourth Wave? Some Occupations See Increase in Remote Work for the First Time This Year

For all the gradual return to what used to be known as “normal life”, specifically due to the increase of the vaccinated population, future mutations of COVID remain a concern

The rate of COVID cases persisting upward and hospitals nearing capacity in some states are likely the reasons why many employers still haven’t made up their minds about their stances on remote work going forward. 

The employees who still have a choice

When left to their own devices, a segment of workers choose where they work for themselves. And many, it would appear, are still choosing remote work. 

According to the Current Population Survey, there were 117 occupations where the share of remote workers went up in August 2021, as compared to the month prior. Notably, this is the month when the delta variant of COVID-19 became the dominant strain in the U.S.

For occupations like marketing managers, it’s also the first such increase since January 2021, back when the pandemic reached its peak of 250,000 new cases a day.

Work-from-home Hubs: Places in America Where Remote Work Still Thrives

At a rate of 56%, Washington, D.C. had the highest percentage of employees working remotely in August 2021 versus any state in America. Given the very specific government workforce that inhabits this part of the country, this is not so surprising.

All other top remote states in the top 10, except Illinois, are all on the coast. In Massachusetts, Maryland, New Jersey, and Virginia, that share reaches between 20% and 25% of all workers.

In three of the most populous states of AmericaCalifornia, New York, and Illinoisnearly one in five employees (~18%) worked from home in August 2021.

The cities with the highest remote workforce

Zooming in on citiesor metropolitan areas to be precisewe see that there are six metros where more than a quarter of workers carried on working remotely in the last month. Except for Madison, WI (29%) and Austin, TX (23%), all of these areas seem to echo the states with the highest remote workforce listed in the previous section.

Metro areas versus states

At the state level, the upswing in remote work between July and August looked marginal, whereas at the metro level—places where workforces tend to be more specializedwe see a different picture.

These metros aren’t all cities in the states we mentioned above. Instead, it’s places like Miami, FL and Houston, TX where 31% and 29% more people were working from home due to COVID-19 in August 2021 when compared to July 2021. Places like Omaha, NE (+15%) and St. Louis, MO (+13%) have also seen a double-digit increase in the share of remote workers month-to-month.


Sources and Methodology
The data on remote work due to COVID-19 by occupation group, occupation, state, and metropolitan area came from the Current Population Survey, as made available via IPUMS and the Bureau of Labor Statistics.
Illustrations by Rachel Tunstall

Millions Moved During Covid, Here’s How That’s Working Out

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While lockdowns kept us in one place during the COVID pandemic, many Americans still moved during this global crisis—many, because of it.

Among those surveyed who moved in 2020, 25% report their move was due in some part to the pandemic, per the HireAHelper American Migration Report. Respondents say their reasons for moving varied, from financial hardships, to downsizing their living arrangements, to a growing need to look after their families.

While we’re still in the middle of a pandemic, the U.S. appears to be on a path to recovery. Many Americans are choosing to get vaccinated (though the percentages remain alarmingly skewed by political affiliation), lockdowns and mask mandates have lifted in many communities, and employees are returning to previously closed worksites.

Looking back over the span of the pandemic thus far, how have so-called “pandemic moves” worked out for those who made them?

To find out, HireAHelper spoke to people who moved during the pandemic to get a closer look at the unique obstacles and opportunities that drove their decisions to move.

The Challenges of Deciding to Move During COVID

A pandemic hardly creates the ideal circumstances for a dream move. Those who moved due to situations caused by COVID were slightly more likely to have regrets about their move (31%) compared to those who moved for other reasons (30%). (See the data here.)

But while there were many reported negatives to moving in 2020, it’s not all regrets, either. People reported many ways the pandemic changed the landscape of their lives overnight, including ways that introduced new pressures, challenges, and obstacles—as well as rare and fortuitous opportunities. 

The Tense Household Relationships

As lockdowns took effect, many households reported their living arrangements were thrown into chaos and upheaval.

College students and adult children moved back in with their parents. Parents of young children struggled without child care. Couples who were now working from home together suddenly had to navigate being officemates, as well as roommates and partners

 

“Among those surveyed who moved in 2020, 25% report their move was due in some part to the pandemic.”

 

“I wasn’t doing well at home in quarantine,” admits Darlena Phan, a 26-year-old accountant. She and her fiance were living with her parents in order to save money. This placed them in Huntington Beach, CA when the government COVID lockdowns began. “Not sure why, but the family dynamics really deteriorated and I couldn’t stand being around my parents 24/7 anymore.” 

Darlena and her fiance had been saving towards a down payment to buy a home in 2022. But these new family conflicts pushed the couple to consider sliding their move date up, despite their unreadiness.

Others found their partnerships were struggling to bear the new pressures of pandemic living. Dating site Dating.com reports that two-thirds of its current users experienced a breakup in 2020. 

Dannie Fountain, an HR professional living in Chicago, began the lockdowns living with her then-partner. But the mounting pressures and stress associated with the pandemic led the romantic partnership to “implode,” Dannie says. By May 2020, the relationship was over, and Dannie was forced into actively searching for her own place.

Reported Uncertainty Around Work Arrangements

Moving during the COVID-19 pandemic also meant making big work decisions—without the usual information needed to do so.

Those considering a move reported having to navigate unclear remote work policies, worries about furloughs and layoffs, and even uncertainties around unemployment benefits.

With work and living arrangements disrupted and thrown up in the air, people considering a move were left to make that decision based on nothing more than guesswork. 

Maxwell and Steph Miller had long wanted to move out of Utah to a more progressive state, where they hoped to also buy a home. When Maxwell’s job as a web developer transitioned into a work-from-home position, they saw an opportunity to finally make the move of their dreams: relocating to the northwest, to Vancouver, WA. 

 

“Her breaking point came after a ‘huge’ Halloween party another tenant held in the courtyard, with no masks and counter to citywide safety precautions.

‘I needed to leave the apartment to go grocery shopping, and literally had to walk by at least 20 people in close-body contact,’ she says.”

 

But while Maxwell’s employer committed to remaining remote through summer 2021, the work-from-home policy was still temporary with no permanent exceptions. This complicated the home buying process for the Millers when their loan was outright denied due to the company’s unclear policy. 

“Everything about this move has been out on a limb,” Maxwell says. “There have been no guarantees.” Though the couple was able to secure lending to buy their townhome shortly thereafter, there remains a chance Maxwell’s employer could end its remote policy—leaving him looking for a new job in a new city.

Fountain faced similar frustrations when shopping for an apartment after her breakup. Her employer now operated remotely, and originally planned to be back in-office by July 2020. Because of the open-ended remote work policy, Dannie prioritized commutability when searching for an apartment—even though she has not been required to return to the office since.

COVID Safety Concerns and Measures

covid movingOf course, much of the impact of the pandemic was related to the virus itself, and the safety concerns it introduced. Among those surveyed who moved due to COVID in 2020, 13% reported being spurred on by feeling unsafe in their current locations due to the spread of COVID

It was this feeling of unsafety that led Fountain to her second Covid-related move—just six months after her first. As a young professional, she had chosen a cohabitated apartment complex with a private room, yet shared common spaces. 

Within a few weeks of moving in, however, Dannie realized her complex was not enforcing COVID safety regulations. Due to this, she often felt uncomfortable leaving her room to use the shared living spaces, unsure if she could maintain a safe distance from roommates, or if the rooms were being properly sanitized. 

Her breaking point came after a “huge” Halloween party another tenant held in the courtyard, with no masks and counter to citywide safety precautions. “I needed to leave the apartment to go grocery shopping, and literally had to walk by at least 20 people in close-body contact,” she says. 

Dannie complained to the property managers and was told there was nothing they could do. She decided it was time to look for a new, safer situation—she found a new apartment by November 2020, months later.

The Hidden Opportunities of Moving During COVID-19

Dannie, Darlena and Maxwell all expressed that moving during COVID was more stressful. But this crisis also opened up rare opportunities to achieve their goals, including moving to their dream locations, or buying their first homes. 

While the economy as a whole struggled in 2020, many individual households reported being financially healthy during the pandemic. Stimulus checks and expanded unemployment benefits boosted some households’ cash savings. On top of that, historically low interest rates on homeownership in America made this a prime time to get a mortgage, while many housing markets offered previously unheard-of deals on rental rates.

Fountain dreamed of living in a specific, well-located, higher-end apartment complex in Chicago. But with studio apartments leasing for $3,000 per month within this complex, it was simply outside her budget, pre-pandemic.

After her first COVID move, however, Dannie decided to check again and discovered the rental rates of this apartment complex had dropped 60% to just $1,200 a month. Thrilled, Dannie signed a lease—and her dream apartment became her reality.

For Darlena Phan and her fiance, low mortgage rates made it possible to buy their first home in Riverside, CA earlier than planned. “We only had 10% down, but we calculated that we would save more money with the lower interest rate than (by) avoiding (private mortgage insurance),” she points out.

Government stimulus checks helped boost Maxwell and Steph’s savings, and new remote work policies made it possible for them to qualify for a mortgage without switching jobs. Combined, these unique circumstances gave the Millers room to plan and pay for their move across state lines, a situation not possible before COVID-related policies.

The relocators we spoke to largely agreed that their decisions to move, even during COVID, were worth it. People moving by and large report that their COVID-timed move was a net positive; among those surveyed who moved during the past year, 82% say it improved their life for the better.

“It was 100% worth it because the cost of everything has simply gone up,” Maxwell admits. “If we hadn’t done it then, it would never have happened.”


Illustrations by Tara Jacoby
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