Not at all. Domain transfers often cost less than the price of a standard renewal. And because most domain transfers include one free additional year of registration, it can often cost less to transfer your domain than renew it at your current registrar. Check out how much it’ll cost to transfer your specific domain through our pricing list.

For Example: 

The cost will vary depending on the hosting provider that you transfer to. Typically, you'll either be charged a transfer fee or one year's renewal price of the domain. Either way, you can expect to spend between $10-15 on transferring a domain.