More than 30 million Americans moved between 2018 and 2019, according to the U.S. Census bureau. People move for various reasons, but the most common are related to work or family.
No matter the reason, moving is an expensive undertaking — especially for those relocating to certain cities.
Using data from the U.S. Census Bureau and Move, Inc., a relocation planning resource, 24/7 Wall St. identified the 35 most expensive cities to move to or within. Cities were ranked based on the average estimated cost of professional mover fees to move household goods, in addition to median monthly rent and a security deposit — equal to a month’s rent — for a three bedroom apartment.
It is important to note that we did not include transportation costs, such as fuel, as these can vary considerably, depending on where new residents are coming from and how far they are moving. We did not include packing fees in our calculation.
Not surprisingly, many of the most expensive places to move to are in general expensive places to live. Among the cities on this list, goods and services can cost as much as 30% more than their cost on average nationwide. In fact, Mount Vernon-Anacortes, Washington, is the only metro area on this list with a lower than average overall cost of living. Here is a complete list of the most expensive city in each state.
Despite the high costs associated with moving to metro areas on this list, the vast majority of these cities are bringing in new residents relatively rapidly. Between 2010 and 2018, all but nine metro areas on this list reported a net population increase due to migration alone (this figure excludes population change due to birth or death.) In 20 of these places, the increase was greater than the comparable 2.5% national population growth attributable to net-migration. Here is a list of America’s fastest growing cities.
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