Most everyone knows that moving to a new city for a job is a costly proposition in terms of time and money. The list of items to budget for is extensive. Even the most budget-conscious of people may not think to put aside for some things that could come up in the course of a move to Wichita Falls. If you are pondering a new job in another city, here are five expenses you should consider as you put together a budget.
1) The cost of moving all of your possessions
If your new job is with one of the 41% of companies in the United States that does not provide some form of funds to help pay for the move you will be making, this is a bill you will have to foot yourself. Whether you hire a company to relocate your household or you choose to handle it yourself, it can get expensive. Deciding upon the former may have higher upfront costs, but there will still be significant expenses with the latter selection, also.
For starters, 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 possessions. Then, you'll have to think about travel-related expenses while you are traveling to Wichita Falls.
A do-it-yourself move may not be as expensive as hiring someone else to do it for you, but there will still be costs involved. Make arrangements accordingly. Discover more about the Pros and Cons of DIY Moving here.
2) The cost of traveling to a new location in Wichita Falls
While we are on the subject of traveling…
This was mentioned briefly above, but the cost of traveling to a new location should be considered when contemplating a move. If you are planning on driving, you need to budget for food, gas, lodging, and tolls, if applicable, as well as save some money for vehicle repairs in case there are problems in transit.
Even if you hire someone to move you and decide to fly to your destination, there is still the cost of air travel. Either way, you will need to allot some expense to get to Wichita Falls.
3) The cost of temporary housing in Wichita Falls
If you do not have permanent housing lined up when you arrive in Wichita Falls, you will at least need to make arrangements for a place to live temporarily while you search for something longterm. It may be a hotel, or a month-to-month lease on an apartment, but it is one thing you should take into consideration. Another factor should be the cost of storing everything you do not need while you look.
4) The cost of living in Wichita Falls
The salary you have been presented with may be ten percent higher than what you are presently being paid, but how much will that matter if the cost of living is eleven or twelve percent higher in the area you will be relocating to? Contrast what you'll be paying there for things like groceries, transportation, and insurance to what you are spending presently to see what the variance in costs of living could cost you.
5) The cost of leaving your close-knit 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 a new job. Unless you are a hermit, you have a community of people where you are right now that probably consists of family, friends, and co-workers. Relocating to a new city will sever some of those relationships and make others more grueling to uphold. It can take significant amounts of time and effort to build similar bonds in a new place, so prepare yourself appropriately.
