Job Relocation Budget
Free Job Relocation Budget calculator with clear step-by-step results.
About Job Relocation Budget
Temporary housing is usually the largest single line in a relocation and the one most often underestimated, because finding a permanent home in an unfamiliar city routinely takes longer than planned. Netting the employer allowance off shows what you are actually funding yourself.
Formulas
Gross cost
Gross = moving + weeks x weekly housing + deposit and fees + house-hunting trips
Out of pocket
Net = gross relocation cost - employer allowance
Worked example
With the default values below, Job Relocation Budget returns Out of pocket after the allowance of $5,600.00. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Moving and shipping costsminimum 0 $
- 4,200 $
- Weeks of temporary housingaccepts 0–52
- 6
- Temporary housing per weekminimum 0 $
- 550 $
- New tenancy deposit and feesminimum 0 $
- 3,200 $
- House-hunting tripsminimum 0 $
- 900 $
- Employer relocation allowanceminimum 0 $
- 6,000 $
Results
- Out of pocket after the allowance
- $5,600.00
- Gross relocation cost
- $11,600.00
- Temporary housing cost
- $3,300.00
- Share covered by the employer
- 51.7% %
Step by step
- 1Values used
- 2Gross cost
- 3Out of pocket
- 4Out of pocket after the allowance= $5,600.00
- 5Gross relocation cost= $11,600.00
- 6Temporary housing cost= $3,300.00
- 7Share covered by the employer= 51.7 %
Assumptions and limits
- The result is derived only from the 6 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
Is a relocation allowance taxable?
Often partly or wholly, depending on jurisdiction and whether costs are reimbursed against receipts or paid as a lump sum. Ask for the tax treatment in writing before accepting.
How much temporary housing should I budget?
Four to eight weeks is realistic in a tight rental market, and longer if you are buying. Negotiating the duration rather than the amount is usually the more valuable ask.