Living in Brooklyn is an exciting adventure, but it brings its own set of challenges. From the high cost of living to the weekly pilgrimage to the local laundromat, there’s plenty to prepare for. Moving logistics in Brooklyn can be just as tricky, with narrow staircases, limited elevator access, and notorious NYC traffic.
These factors often lead to higher expenses than expected, making it crucial to budget for hidden costs to ensure a smooth transition. But don’t worry, we’re on it! Gentle Giant’s move experts break down your Brooklyn moving budget below.
Brooklyn Moving Expenses to Consider
Professional Movers vs. DIY
Hiring professional movers in Brooklyn can save you time and hassle, but it does come at a cost. Typically, moving companies will charge an hourly rate for labor on local moves. Be prepared to pay between $25-60 per mover per hour. This fee can fluctuate due to various factors like specialty items (antiques, jacuzzi, etc.) and special circumstances (additional stops, broken elevators, etc.).
While the hourly rate will remain the same for the duration of your move, the overall labor cost will vary depending on the size of your home and the number of belongings in it.
For long-distance moves (e.g., 60 to 100+ miles to your destination), pricing is based on complex factors, like shipment weight and mileage, along with the standard local moving costs, like labor. Some moving companies will charge a flat fee of $1,000 for long-distance moves, so expect your relocation to cost upwards of this.
On the other hand, if you decide to DIY, renting a truck can cost around $150 to $200 per day, not including gas, tolls, and parking fees. Weighing the pros and cons based on your budget and convenience is key here.
However, it’s essential to approach these averages with caution. The time of year, the size of the move, the distance traveled, and other unique circumstances can significantly impact the final cost. While these averages provide a general sense of what to expect, individual circumstances are key in determining the actual cost. We recommend contacting at least three moving companies for the most accurate number.
Packing Supplies and Materials
Don’t underestimate how much you’ll spend on packing materials. Boxes, bubble wrap, and packing tape add up quickly. You’ll likely pay anywhere from $150 to $250 for a one-bedroom apartment on packing supplies. If you have fragile or valuable items, specialty packing materials might increase these costs. Click here for a complete list of moving material pricing.
Insurance for Valuable Items
Moving insurance is an essential consideration if you have high-value items. Basic insurance, often included with professional movers, may cover only $0.60 per pound. However, full-value protection, which covers the actual cost of lost or damaged items, can cost anywhere from $200 to $500, depending on the coverage limits and the value of your belongings. It’s worth the investment to protect your valuables.
Storage Costs in Brooklyn
Renting Storage
If you need to rent a storage unit in Brooklyn, be prepared to pay a premium. For a 5×10 storage unit, which is enough for the contents of a small one-bedroom apartment, you’ll likely pay around $150 to $300 per month, depending on the location and facility.
Some facilities may offer discounts for the first month, but (if possible) aim to budget for at least a couple of months of storage in case of delays with your move.
Moving Storage Items
Moving items into and out of storage will also add to your budget. If you’re hiring movers for this task, expect an additional $300 to $600, depending on the distance and amount of items. If you’re doing it yourself, consider the cost of renting a truck for an extra day, which could be another $150 or so.
Brooklyn Rental Fees and Security Deposits
Security Deposit Requirements
Security deposits are standard in Brooklyn and usually equal one month’s rent. For example, if your rent is $2,500 per month (a standard figure for a one-bedroom apartment in many Brooklyn neighborhoods), your security deposit will also be $2,500. In more competitive areas, landlords may require a higher deposit, so it’s a good idea to set aside extra funds just in case.
First-Month’s Rent
Sometimes, you might be asked to pay the first and last month’s rent upfront, meaning you’ll need to have double the monthly rent ready. For a $2,500 apartment, that’s $5,000 before moving in. Having this amount on hand can be a significant challenge, so planning is essential.
Brooklyn Broker Fees
If you work with a broker to find your Brooklyn apartment, this will be an additional fee. Broker fees typically range from 12% to 15% of the annual rent. On a $2,500-per-month apartment, that fee could be as high as $4,500, due when you sign the lease. It’s a hefty price to pay for convenience, but in Brooklyn’s competitive rental market, brokers can often find listings you might miss on your own.
Utility Set-Up Costs in Brooklyn
Deposits for Electricity, Gas, and Water
Utility deposits can vary depending on your credit history and the provider. You might be asked for a $100 to $300 deposit for electricity and gas, especially if you’re a first-time renter in the area. Some landlords include water in the rent, while others may require an additional setup fee.
Installation Fees for Internet and Cable
Internet and cable installation fees usually range from $50 to $100, depending on the provider. If your apartment isn’t pre-wired, additional charges for setting up the necessary equipment could be added. Monthly internet costs in Brooklyn typically range from $60 to $100, so factor that into your ongoing expenses.
Account Set Up vs. Transfer Fees
If you’re new to Brooklyn, setting up new utility accounts might involve more fees than transferring an existing one. For example, transferring your internet service might cost $50, while setting up a new account could require an installation fee and a higher deposit. Make sure to clarify these details with your providers in advance.
New Furniture and Appliances
Budgeting for New Items
Moving to a new apartment often means needing new furniture or appliances. If your current furniture doesn’t fit your new space or you’re upgrading, you should budget accordingly. Furnishing a one-bedroom apartment from scratch can easily cost $3,000 to $5,000, depending on your tastes and whether you buy new or second-hand.
Costs of Assembling and Installing Furniture
Don’t forget to account for the cost of assembling and installing furniture. If you’re hiring professionals for this task, assembly fees can range from $75 to $150 per item. Even if you’re doing it yourself, you may need to purchase tools or hardware that can add an extra $50 to $100 to your moving budget.
Let Gentle Giant Make Your Brooklyn Move Easy
Moving to Brooklyn doesn’t have to be a stressful or overwhelming experience, even with all the hidden costs involved. By budgeting for these often-overlooked expenses, you’ll be better prepared to make your move as smooth as possible.
Looking ahead and setting aside extra funds for items like moving insurance, storage, and utility setup will save you from last-minute financial surprises.
At Gentle Giant, we specialize in making your move to Brooklyn seamless, affordable, and stress-free (or at least as stress-free as moving can be). Our experienced movers know how to navigate the challenges of Brooklyn’s streets and apartment buildings, and we offer personalized services to meet your specific needs. Whether you need help packing, moving, or storing your belongings, we’re here to assist you every step of the way.
Don’t waste another New York minute. Contact Gentle Giant today for a free moving quote!