Does McKinsey pay for housing?

Does McKinsey Pay for Housing?

One of the most common questions new consultants ask is whether McKinsey helps with housing costs. The short answer: yes, in many cases. When you're hired as a consultant and need to relocate for your role, McKinsey typically provides a relocation assistance package designed to ease the transition.

This support often includes reimbursement for moving expenses and temporary housing, which can be a significant relief when settling into a new city. While the exact details may vary by region or individual circumstances, these packages are commonly valued at up to $10,000. That means consultants can often expect help covering costs like flights, temporary accommodations, moving services, and even storage.

It’s worth noting that McKinsey doesn’t usually provide long-term housing—rather, the assistance is meant to bridge the gap during the initial move. Most consultants use this support to secure a permanent place while adjusting to their new environment. The firm understands that relocating can be both expensive and stressful, so this benefit reflects its commitment to supporting employees during major life changes.

For those considering a role at McKinsey, this relocation package can make a real difference—especially for early-career professionals or those moving internationally. While housing isn’t “paid for” indefinitely, the firm’s upfront support removes much of the financial burden associated with relocation.

In a competitive job market, benefits like these underscore why McKinsey remains an attractive option for top talent. It's not just about the salary—comprehensive support during life transitions shows a deeper level of investment in its people.