ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
In order for this to work you have to disclose you monthly cost of living in the Home, not food or entertainment or that kind of thing, just the cost of the house upkeep. Important things are Location, Size, Taxes, Utilities Etc. I have just completed a monthly COL spreadsheet so I have all the data. Exclude the Mortgage if you have one as in retirement the home if not rented for the most part it would be owned free and clear. If you rent, treat it like a mortgage and do not count it. I think this would be useful to get an idea od the COST of Ownership in different parts of the Country. If you live in CANADA please post your cost too as some folk may consider Canada as a retirement spot. I for one would love to know the cost of running a home on Vancouver Island for example. If you are NOT FIREd that is OK to, but please state as such. Some data are Monthly averages based on historical data. I will start so you get the idea.
Location: NE Florida
Size: 3,300sqft
FIREd: Yes
RE Taxes: $517
Electricity: $118(AC & Heat)
Water: $50 (Includes Sewer)
Gas: $39 (Propane, No Natural Gas)
HOA: $129
Yard Maint: $140
Home Ins: $100 (Home & Contents)
Flood: $30
Pest Bond: $19
Umbrella: $18
TOTAL: $1160
Some Other Variables:
Cable & Internet: $160
Phone (Vonage) $18
News Paper: $10
AAA $7
Auto Insurance: $100
Maintenance: $150 (Estimate Over 5 Years)
I hope people respond to this I think it would be very useful, especially for those considering a move in Retirement.
Location: NE Florida
Size: 3,300sqft
FIREd: Yes
RE Taxes: $517
Electricity: $118(AC & Heat)
Water: $50 (Includes Sewer)
Gas: $39 (Propane, No Natural Gas)
HOA: $129
Yard Maint: $140
Home Ins: $100 (Home & Contents)
Flood: $30
Pest Bond: $19
Umbrella: $18
TOTAL: $1160
Some Other Variables:
Cable & Internet: $160
Phone (Vonage) $18
News Paper: $10
AAA $7
Auto Insurance: $100
Maintenance: $150 (Estimate Over 5 Years)
I hope people respond to this I think it would be very useful, especially for those considering a move in Retirement.
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