Five Hidden Costs of Moving to Colorado Springs for a New Job

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Five Hidden Costs of Moving to Colorado Springs for a New Job

Most everyone knows that moving to a new city for a job is a costly thing to do 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 put aside for some things that could come up throughout a move to Colorado Springs. If you are thinking about a new job in a different city, here are five expenses you should take into account as you plan a budget.

1) The cost of moving everything

If your new job is with one of the 41% of companies in the United States that does not make available some form of aid to help pay for the move you will have to make, this is a bill you will have to take on yourself. Whether you appoint a company to relocate your household or you choose to handle it yourself, it can get costly. Picking the former has higher upfront costs, but there will still be sizeable expenses with the latter selection, also.

To begin with, 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 belongings. Then, you'll have to budget for travel-related expenses once you hit the road to Colorado Springs.

A do-it-yourself move may not be as expensive as having someone else to do it for you, but there will still be costs involved. Budget accordingly. Read more about the Pros and Cons of DIY Moving here.

2) The cost of traveling to a new location in Colorado Springs

Speaking of traveling…

This was mentioned briefly above, but the cost of traveling to a new location should be taken into consideration when discussing a move. If you are planning on driving, you need to plan for food, gas, lodging, and tolls, if applicable, as well as save some money for vehicle repairs in case there are issues along the way.

Even if you hire a moving company and plan to fly to your destination, there is still the cost of airline tickets. Either way, you will need to allot some expense to get to Colorado Springs.

3) The cost of temporary housing in Colorado Springs

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

4) The cost of living in Colorado Springs

The compensation you have been presented with may be ten percent higher than what you are currently being paid, but how much will that matter if the cost of living is even higher in the city you will be moving to? Contrast what you'll be shelling out there for things like groceries, transportation, and insurance to what you are shelling out currently 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 financial one, but it is vital to think about when you are moving away for employment. Unless you are a recluse, 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 significant amounts of time and effort to build similar connections in a new place, so prepare yourself appropriately.

Ready to make the move to Colorado Springs? A-1 Freeman Moving Group can help you get started with a free estimate. 
 

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