When you’re moving to a new state, it’s easy to focus on the immediate costs of moving and forget to research the sneaky costs that might be awaiting you in your new state.

Are you wondering what that costs could be?

Car registration fees

The cost of car registration varies from state to state. 

You can find the registration fees here.

Additional to the registration fee you will have to pay for the tax.

Vehicle Property Tax Estimator can help you with estimating the tax fee you will have to pay for your vehicle. 

 

Homeowners insurance

Average homeowners insurance premiums are much higher in some states than in others. The states with the highest susceptibility to natural disasters like tornadoes and hurricanes also have the highest homeowners insurance rates. 

The average North Carolina home costs about $927 to insure annually — about $100 less than the national average of $1,034. 

More information can be found here

 

Health Insurance

Location is a primary consideration. Health insurance companies determine the policies and cost of coverage based on the state and county you live in. 

The average rate for health insurance in North Carolina is $490 for 2020 year plans. This is $85 less expensive for an average 40-year-old, or a 15% decrease from 2018.

More information can be found here

State income taxes

North Carolina has a flat income tax rate of 5.25%, meaning all taxpayers pay this rate regardless of their taxable income or filing status. 

County and local taxes in most areas bring the sales tax rate to 6.75%–7% in most counties but some can be as high as 7.5%.

More information about taxes in North Carolina can be found here.

North Carolina Paycheck Calculator 

 

Utilities

The average cost will be different from town to town and the time of the year. It will also depend on the size of the dwelling. 

Electricity: $102.53

Natural Gas: $119.11

Internet (60 Mbps): $56.27

Cable: $100 

Water: $40

 

How to move happily and successfully.

Sneaky costs are just one example of the importance of finding out as much as possible about a place before you move so that you can avoid any ugly surprises and feel confident your move will be happy and successful.

I always tell my relocating clients – plan, plan, plan. The more organized the move, the less stress you will go through. And remember – I am here to help!