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How To

How to Budget for an in State Move

Contributor
By Pam Gaulin
eHow Contributing Writer
(1 Ratings)

Moving in-state takes some planning and budgeting. When an in-state move is not related to a job relocation, movers need to absorb the cost of the move on their own. Whether you are buying a new home or moving to a new apartment, it helps to make out a budget before you move to have a full picture of what an in-state move will actually cost you.

Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • Notebook and pen
  • Copies of current utility bills
  • Checkbook or three months of bank statements
  • Phone directory
  • Phone numbers of utility companies
  1. Step 1

    Write out a list of your current household utility bills. It's easiest if you have a copy of your most recent utility bills. Also refer to your checkbook or bank statement. Find the average payment of each utility bill. Jot down approximately what you expect the final payment for all of these utility bills will be.

  2. Step 2

    Call the utility companies that service your new residence--one or more may be the same as you have now. Utilities might include electric, water, gas, cable, phone, satellite dish, recycling and trash collection. When possible, simply transfer the service from your old address to the new address. To budget for your move, be sure to keep track of necessary deposits or installation costs and new service charges, when making a budget for moving in-state.

  3. Step 3

    Add the cost of the new mortgage or rent to your current rent if you will be moving in the middle of the month. When you move in-state, you may not always be moving on the first of the month. There may be overlap of rent and a mortgage payment that you'll need to consider.

  4. Step 4

    Research the cost of moving companies in your area. Write down their rates and what they include. Find out if they're running any specials or if their rates are cheaper on certain days of the week, which can bring down costs when creating an in-state moving budget. Other pricing questions to ask potential moving companies: Is there an additional charge for mileage above the rate? Do they tack on any surcharges for moves that take longer than expected? And is there a deposit and is it refundable?

  5. Step 5

    Add up the cost of moving supplies such as boxes, packing tape and storage containers. This can often be more than you think, so be sure to include this in your budget for your in-state move.

  6. Step 6

    Store your in-state moving mileage in the notebook and save it for filing your federal taxes. The IRS allows for moving mileage on some federal tax forms. Taxpayers who move in-state may include their moving expenses on their tax forms. Moving expenses can include transportation expenses, based on the actual number of miles traveled.

Tips & Warnings
  • Don't forget to track in-state moving mileage for tax purposes. The IRS allows for moving mileage on some federal tax forms.
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