AbodeABODE

What one move costs.

A worksheet for a relocation policy or a single offer letter. We fill in rent from the Abode Rent Index (September 2026); every other line is your own number, and you choose who pays it.

First month’s rent

Abode Rent Index median for a 1 bedroom in Chicago, after concessions, September 2026. Type over it to use your own.

Temporary housing

Nights × your nightly rate, if they need somewhere before the lease starts.

×

—

Security deposit or move-in fee

Varies by building. Ask us for the buildings on the shortlist.

Home-finding program

From your Abode proposal (Essential, Comprehensive or Executive).

Moving company and shipment

Your mover’s quote.

House-hunting trip

Travel and hotel, if they visit before moving. Video tours need no trip.

Miscellaneous allowance

A flat amount for the small costs of a move.

Tax gross-up

If you cover the employee’s tax on what the company pays, enter the rate your payroll or tax advisor uses. Relocation payments are generally taxable income to the employee.

%

Questions HR teams ask

Budgeting a move.

How much should a relocation budget be per employee?

It depends on the city, the home size and what your policy covers. Rent is usually the largest line. In September 2026 a typical one-bedroom rented for $2,409 a month in Chicago and $1,427 in Nashville, after concessions (Abode Rent Index). This worksheet fills in rent for you; the deposit, temporary housing, movers, house-hunting trip and tax gross-up are your own figures.

What does a relocation package usually include?

Most policies cover some mix of a house-hunting trip, temporary housing, moving costs, help breaking a lease or selling a home, and help finding the new home. The worksheet lists each line so you can decide which ones the company pays.

Are relocation benefits taxable?

Relocation payments are generally taxable income to the employee under current federal rules, and many employers “gross up” to cover the tax. Check the specifics with your tax advisor.

Does what I enter here get saved or sent anywhere?

No. The worksheet runs in your browser and nothing you type is sent to Abode. Print it or save it as a PDF to keep a copy.

Taxes

Relocation payments are generally taxable income to the employee under current federal rules, and many employers “gross up” to cover the tax. Check the specifics with your tax advisor.

The program line

Abode prices each program by the number of moves and the level of support. After a twenty-minute call we send a written proposal you can drop into this line.