The average cost of relocating a family of four to a new home today is $44,617, according a a nationwide survey.
The study of almost 30,000 family relocations, conducted by PHH Homequity, also shows that the average moving cost for four-member families who rent is $22,610.Home owners' costs included carrying and sales charges on present home, interest on bridge loan, costs and fees for buying new home, shipping household goods, trips to new location and temporary living expenses.
Renting families incurred charges for lease termination and new rental finding fee, shipping household goods, trips to new location and temporary living expenses.