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11-01-2008, 05:46 PM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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1250 sq foot house, mortgage free. Altogether approximately $250 per month.
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11-01-2008, 05:47 PM
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#22
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Dryer sheet aficionado
Join Date: Oct 2008
Posts: 46
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Rental House (w/carport)
1210 SQ FT
$545 Rent/mo inc. maint.
60 Gas/mo
100 Elect/mo
-0- Water/Sewer/Gargage (Paid)
145 Renter's Insurance ($75K coverage) annual
180 Cable & Internet (all premium Channels)/mo
20 Phone (Land Line only- excludes Cell Phone Serv.)/mo
~$10,765/yr. ($897/mo)
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11-01-2008, 05:53 PM
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#23
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Recycles dryer sheets
Join Date: May 2008
Posts: 479
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paid-for one bedroom apt in NYC - Maint 600/mo which includes RE taxes.
Phone, electric - another 50 ?
ta,
mews
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11-01-2008, 06:04 PM
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#24
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Recycles dryer sheets
Join Date: Apr 2008
Posts: 125
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Tax: 350
Gas: 40
Electric: 50
Water/sewer: 30
Oil: 200 gal/yr (this year likely around 65 a month)
Phone/DSL: 50
Insurance: 100
Total per month: 685
Repairs and upgrades on this 1200 sf, 120 yo house eats up a good bit, I figure:
Maintenance: 500 (comes in big chunks, this year 10k roof)
Still cheaper than renting around here but no mortgage...with opportunity cost figured or a note, renting would be a no brainer but we're kinda fond of the place.
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11-01-2008, 06:08 PM
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#25
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
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Roughly $325/mo for a 1,100 sq foot 1965 brick house. Nothing fancy and not worth a lot, but a house I will inherit from my aunt. She lives with my mom and this works for now.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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11-01-2008, 06:17 PM
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#26
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Full time employment: Posting here.
Join Date: Feb 2008
Location: Central Coast, California
Posts: 923
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2-bedroom, 950 sq ft condo in Central Coast area of California. No garage, no basement, attic crawlspace but no improved/livable attic space.
Mortgage (P&I): $1183/mo
HELOC: $500 / mo (soon to be paid off)
HOA fees: $415/mo
Property tax: $550/mo
Cable & Internet: $95/mo
Electric (light & heat): $70/mo average
Phone (cell & land line): $90/mo
Water, sewer & trash & hot water paid for through HOA fees
Insurance: $100/mo
No ADT.
Total: $3300
Compared to others on this board, this may seem like a lot. It is. But I would like to defend my frugalista chops here -- this is an average condo for our area, and FOUR of us live here (two adults, two small kids). We are thrilled that housing prices have fallen in the past six months because 3-bedroom, 1400 sq. ft. ranch-style houses (built in the 1960's, on 1/5th of an acre suburban lots) are finally coming back down into the high $700k and low $800k range. (Just last summer they were up in the $900k range).
If prices keep falling over the next four years, we might get lucky and be able to trade up. But I'm not holding my breath.
__________________
"You'd be surprised at how much it costs to look this cheap." -- Dolly Parton
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11-01-2008, 06:19 PM
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#27
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 2,840
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2800 Square Feet Northwest Indiana
Mortgage P&I: 686
Property Tax: 150
Heat Electric: 281
Insurance: 133
Garbage: 20
Cable: 65
Phone/DSL line: 73
--------
Total 1,408
__________________
But then what do I really know?
https://www.early-retirement.org/forums/f44/why-i-believe-we-are-about-to-embark-on-a-historic-bull-market-run-101268.html
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11-01-2008, 06:34 PM
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#28
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Quote:
Originally Posted by Meadbh
1250 sq foot house, mortgage free. Altogether approximately $250 per month.
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Wow that is also inexpensive ! I really never thought there were areas you could live for that much a month but I maybe I've been jaded by living in New Jersey and Florida ?
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11-01-2008, 06:47 PM
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#29
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Posts: 4,629
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1200 sq feet in northern Iowa, two people, $566.
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11-01-2008, 06:51 PM
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#30
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Recycles dryer sheets
Join Date: Aug 2008
Posts: 71
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1890 Square foot, 2 car garage
Property taxes/insurance: $200 (they are waiting to the election to figure out property taxes I think)
Gas/Electric $150
Water/Garbage/Sewer: $55
Phone: $30
Cable/Internet: $115
$550
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11-01-2008, 06:53 PM
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#31
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
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Quote:
Originally Posted by Moemg
I was also wondering how you get taxes , electric , water & sewer , cable & phone and home insurance for that price . I'm moving there . Even when I had a much smaller house in Florida my expenses were more than that .
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Oops!! I made a mistake. That's how it was so low.
I was figuring it out in my head since I couldn't find the calculator or a spreadsheet on Frank's other computer, got distracted, and goofed.
Here's the breakdown:
$45/mo property tax
$125/mo electric & gas
$16/mo water/sewer/trash
$60/mo cable TV & internet
$22/mo phone
$116/mo homeowners' insurance
$43/mo flood insurance
Total: $427/mo Better? I was off by $209.
Meadbh is our winner!!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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11-01-2008, 06:58 PM
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#32
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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We make about $550 a month by living in an apartment in the building we own. That is after all expenses are paid. That is why it is so hard to sell and move into a house.
__________________
.
No more lawyer stuff, no more political stuff, so no more CYA
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11-01-2008, 07:23 PM
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#33
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Moderator
Join Date: Sep 2006
Posts: 4,006
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Currently renting ~950 sq ft apt. in rural MS
Rent: $709
Electric/Heat/AC: $70
Cable/Internet: $90
Cell Phone: $45
Sewer/Water: $25
Total Monthly Costs: $939
__________________
simple girl
less stuff, more time
(55, married; Mr. Simple Girl, 59. FIRED 12/31/19!)
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11-01-2008, 07:25 PM
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#34
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,678
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1600 sq ft house, no mortgage
$771 a month itemized as -
Property Tax - $200
Insurance- $55
Water and sewer - $66
Trash - $17
Electric - $78
Gas - $204 budget plan
Satellite TV - $85
Internet - $47
Phone - $19
These all seem reasonable except the gas for heat. This has gone way up as the prices have climbed. Also, we have only replaced a few of the windows and need to do the rest. Better insulation would help, too.
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11-01-2008, 07:52 PM
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#35
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,148
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I don't see anyone including the opportunity cost of holding the equity in your home. If folks are going to include mortgage payments as a monthly cost, the cost of having no, or a reduced, monthly payment should be included. If your house is paid for, or if it's current market value exceeds the mortgage, charge yourself the opportunity cost of the equity value you don't have invested in a 5% CD. It'll make for a better apples to apples comparison vs. renting......
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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11-01-2008, 07:59 PM
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#36
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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3000 sq ft house: about $2000 a month includes mortgage, taxes, insurance, utilities
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11-01-2008, 08:11 PM
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#37
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Thinks s/he gets paid by the post
Join Date: Aug 2006
Posts: 2,433
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~4000 sq ft in central VA - no mortgage
property taxes - 465
insurance - 115
heat, ac, elec - 234
cable/internet - 104
phone - 23
trash pickup - 24
total - 965
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11-01-2008, 08:26 PM
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#38
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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2008 monthly average, through Oct. 1650sq rayunch in the burbs of Dallas...
MORT, PT, HOI - $841.19
ELEC - $135.24
NATGAS - $36.30
WATER/SEWER/TRASH - $55.70
CABLE/INTERNET - $107.68
LAWN - $51.15
TOTAL - $1227.25
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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11-01-2008, 08:50 PM
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#39
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Thinks s/he gets paid by the post
Join Date: Jul 2007
Location: St. Louis
Posts: 1,563
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Quote:
Originally Posted by Meadbh
1250 sq foot house, mortgage free. Altogether approximately $250 per month.
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That is awsome, what state do you live in? Is that for one or two people?
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11-01-2008, 09:58 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,684
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2650 sq ft ranch in suburban Dallas, per month average over last 12 months:
Taxes 420
Cable 53
Electric 136
Gas 83
Phone and DSL 110
Water, Sewer, Trash 67
Insurance 178
Total 1047
Not included in the total is about 50/month on lawn and landscaping stuff -- we do our own.
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