Most everyone knows that moving to a new city for a job can be a costly proposition in terms of time and money. The list of things to budget for is lengthy. Even the most budget-conscious of people may not remember to set aside for some things that could come up during a move to Tulsa. If you are considering a new job in another city, here are five expenses you should take into account 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 make available some type of funds to help pay for the move you will be making, this is a bill you will have to foot yourself. Whether you employ a company to relocate your household or you elect to do it yourself, it can get costly. Picking the former has higher upfront costs, but there will still be considerable expenses with the latter selection, as well.
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. Further, you'll have to account for travel-related expenses while you are traveling to Tulsa.
A do-it-yourself move may not be as expensive as hiring a professional mover to do it for you, but it will not be cheap. Make arrangements accordingly. Find more about the Pros and Cons of DIY Moving here.
2) The cost of traveling to a new location in Tulsa
Speaking of traveling…
This was mentioned briefly above, but the cost of traveling to a new location must be taken into consideration when thinking about a move. If you plan to drive, you need to account for food, gas, lodging, and tolls, if applicable, as well as set some money aside for vehicle repairs in case there is a breakdown in transit.
Even if you hire someone to move you and plan 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 Tulsa.
3) The cost of temporary housing in Tulsa
If you do not have permanent housing lined up when you arrive in Tulsa, you will at least need to make arrangements for somewhere to live temporarily while you search for something more permanent. It may be a hotel, or a month-to-month lease on an apartment, but it is one thing you need to take into consideration. Another factor should be the cost of storing everything you do not need while you search.
4) The cost of living in Tulsa
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 relocating to? Contrast what you'll be spending there for things like groceries, transportation, and insurance to what you are spending now 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 important to think about when you are moving away for a new job. Unless you are a recluse, 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 problematic to keep up. It can take significant amounts of time and effort to build similar connections in a new place, so prepare yourself accordingly.
