Getty Images
Key Takeaways
- According to a Realtor.com survey, movers spend about $20,000 on the setup of their new homes.
- These costs include updated auto and home insurance, new furniture, appliances, and cars.
- Realtor.com has found that people are increasingly using grocery delivery services.
Moving to a new house is expensive. The costs don’t stop once the moving van pulls out of your driveway.
A new survey by Realtor.com found that movers spend nearly $20,000 setting up new homes. They are often motivated to update their lives with new items and services.
Realtor.com users who moved also bought new appliances. A third of movers updated their auto and home insurance, and made other changes in their spending habits. The survey found that movers, including those who rent, are three-times more likely to lease or buy a car than those who stay put.
A report released by HireAHelper in January found that nearly 26 million Americans would move in 2024. That’s about 8%.
“It's a moment of possibility—one where people are open to trying new things and spending both time and money to settle into their new homes," said Laura Eddy, vice president of research and Insights at Realtor.com.
According to Realtor.com, moving alters the way people shop. Online grocery usage has increased from 37% in movers’ new homes to 67%. Similarly, 65% reported using online pharmacy services. This represents a 40% increase in usage after moving.
More than 30% also switched their home or auto insurers, and a comparable amount added new types of coverage such as flood or Fire insurance.
