UrbanBound Employee Relocation Blog

Relocating for Residency or Fellowship: 9 Tips for a Smooth Transition

Written by Julie Kramer | Feb 23, 2024 5:00:11 PM

For medical students, getting matched to a residency program is a major accomplishment. Even more so for securing a fellowship. But once you’re done celebrating, it’s time to tackle your upcoming relocation—and that’s no small feat, either.

Some relocations proceed like clockwork; others, not so much. But this is something you can control. Take heed of our top relocation tips for residents and fellows—and you’ll be able to report to your program all settled, focused and ready to go.   

1. Identify Your Priorities     

According to the American Medical Association, the key to a successful relocation starts with identifying your absolute must-haves. For some residents, it’s living within their means. For others, it’s securing housing that works for their families.
   
Whatever the case, relocation involves many moving parts. Keeping your priorities front and center will help you achieve them.

2. Create a Budget  

Nationwide, the cost of living varies by more than 58%--that’s a lot of variation. Chances are, you factored in your destination’s cost of living when you ranked your match preferences. In fact, housing-wise, you may already know if you plan to buy or rent.

That’s a good start. Next step: calculate how much your relocation will cost, getting quotes for moving expenses, transportation, set-up costs, etc. Then, let your budget guide your decision-making.

3. Find Out if You’ll Get Relocation Assistance

Before you get too far into budgeting, find out if you’re eligible for relocation assistance through your residency or fellowship program. (In 2023, 62% of healthcare employers offered relocation benefits to physicians, so it’s likely, but not a given.)

Hopefully, this was something you considered or even negotiated during the matching process. (If you’re not that far along in the process, be sure to do so, because it can be a gamechanger.)