Over Half of Americans Surprised by Moving Expenses, New Survey Finds
ST. LOUIS, Feb. 27, 2024 /PRNewswire/ -- 50% of Americans who moved in 2023 spent $2,000 or more to relocate, compared to 46% who spent that much in 2022, according to new research from Home Bay, an online publication owned by Clever Real Estate that connects readers with expert real estate advice, and Allied Van Lines, one of the world's largest moving companies.
- A staggering 53% of Americans who moved experienced unexpected moving expenses, and 54% say the total cost of their move was higher than expected.
- 86% of Americans who moved in 2023 have regrets about moving — up from 75% in 2022.
- With many movers charging by size and weight, 24% of Americans wish they downsized their belongings before moving.
- The strain of moving extended beyond finances — 46% of Americans shed tears, and 42% fought with their loved ones during the moving process.