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Old 05-31-2020, 12:13 PM   #21
Confused about dryer sheets
 
Join Date: Mar 2012
Posts: 6
Our expenses for housing without utilities are as follows:

Monthly association fees for condo. $225.00
Monthly condo insurance + umbrella liability $ 78.00
Property taxes (exempt due to VA Disability). $ 0.00
No mortgage $ 0.00

Total for month. $303.00
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Old 05-31-2020, 12:22 PM   #22
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Join Date: Feb 2016
Location: SoCal
Posts: 893
Property taxes of 4000 a year on a million $ home.
Mortgage free since 2008.
Around 600 for insurance.
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Old 05-31-2020, 12:42 PM   #23
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Join Date: Mar 2016
Location: Central CA
Posts: 6,571
Property Tax - $2200 / yr
Insurance - $700 / yr including $100 earthquake
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Old 05-31-2020, 01:03 PM   #24
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Join Date: Oct 2010
Posts: 2,167
Paid cash for our home 15 years ago, property tax and insurance $135.50 a month. What do I win?
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Old 05-31-2020, 01:35 PM   #25
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Join Date: Apr 2012
Posts: 1,928
Property tax: $115/month
Insurance: $55/month

Mortgage free since 2018.
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Old 05-31-2020, 01:47 PM   #26
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Join Date: Apr 2012
Posts: 3,705
Mortgage just over $600/month (I pay a little extra to round it up), at this rate paid off in 8 years.

Current annual property tax is $4700 (almost $400/month).

Current annual home insurance is $1200 ($100/month).
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Old 05-31-2020, 01:56 PM   #27
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Join Date: May 2008
Posts: 5,703
Bought house for cash 200K +change, about 12 years ago. I don't keep track of operating expenses. Taxes are aound 4K/yr. It is all brick, no outside maintanence required. Had 50yr roof put on about 5 yrs ago. Since early last year I pay a guy to cut grass as needed.

It is a long way from a 3 room house I grew up in, no indoor plumbing, concrete floors, zero insulation, coal cookstove. An underground cellar where my parents lived during the 44/45 war, later for refrigeration, house was partialy blown away by Russian tank rounds.

Given current mayhem, good to live in a tiny town.
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Old 05-31-2020, 02:05 PM   #28
Recycles dryer sheets
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Join Date: Feb 2014
Location: NW Pennsylvania
Posts: 471
NW Pennsylvania small city living
No mortgage since early retirement
Property Taxes approximately $5000/year ($417/month)
Electric/Gas/Water/Sewer/Trash/Internet/Cell Phone approximately $350/month
Homeowners Insurance $825/year
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Old 05-31-2020, 02:08 PM   #29
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Location: NC
Posts: 16,971
Not sure how useful comparing is, there will always be others with (much) higher or lower budgets. But FWIW:

No mortgage
Prop tax $3985/yr
Insurance $1022/yr
HOA $880/yr

You asked us to exclude electric/gas/water and you didn’t ask about lawn care, pest control, security systems, garbage, system/appliance services or routine costs?

Of course the non annual recurring costs like periodic roof replacement, repainting, remodeling, furniture/HVAC/HW/appliance/laundry/window replacements are (way) more than prop taxes/insur/HOA.
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Old 05-31-2020, 02:09 PM   #30
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Join Date: Dec 2015
Location: Santa Paula
Posts: 3,347
We live in a + 55 MHP. Space rent includes utilities is about $850/ month. Taxes are about $250/yr as we transferred DW's assessment to this house. Insurance is about 50/mo.
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Old 05-31-2020, 02:19 PM   #31
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Join Date: Jul 2008
Location: Chicago
Posts: 329
No mortgage
Property taxes, $14,000/year
Insurance, 1,500/year
no HOA

$1,292/mo

I'm in a high tax location so I'm not sure how anyone would compare who lives in a low tax area.
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Old 05-31-2020, 02:30 PM   #32
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Join Date: Oct 2016
Location: Pinetops
Posts: 521
No Mortgage! 1500 Sq ft home

Property Tax = $300 month
HOA fees = 201. Month
Ins. =. 33 month

Total $ 534 Month
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Old 05-31-2020, 02:33 PM   #33
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Join Date: Feb 2011
Location: central California
Posts: 680
California, MCOL area:

Property tax $9,608
Home insurance $1,412
HOA dues $900

So monthly expenses = $993
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Old 05-31-2020, 02:38 PM   #34
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Join Date: Dec 2008
Location: Stuck in the mud somewhere in the NJ swamp
Posts: 7,247
1) $1,000
2) $90
Monthly costs
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Old 05-31-2020, 02:43 PM   #35
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Join Date: May 2011
Posts: 872
Washington State MCL

Mortgage $1,500 per month which includes property tax of $333 per month (can pay off at any time).
Home Insurance $125 per month (includes earthquake).
No HOA
$1625 per month
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Old 05-31-2020, 02:57 PM   #36
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Join Date: Jun 2004
Location: Diablo Valley (SF Bay Area)
Posts: 2,201
272 property tax
94 homeowners insurance
196 earthquake insurance
------
562
Net income of 2689 covers that with 1k set aside for travelling.
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Old 05-31-2020, 03:18 PM   #37
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Join Date: Apr 2006
Posts: 16,896
No mortgage/No HOA

Property tax = $12,260 per year
Homeowners Ins. = $3,069 per year
Umbrella Ins. = $614 per year

Total: $15,943 per year
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Old 05-31-2020, 06:57 PM   #38
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Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 801
Quote:
Originally Posted by cyber888 View Post
What's your basic housing expenses after retirement (excluding electric, gas. water)?
We have no mortgage.

Our property taxes run $850/year for our home and 150 acres of dense forest.

We have no home insurance.

There are no HOAs in our town.

Our annual heating costs have been $700/year.

We live in the state with the oldest average age of residents and the highest percentage of retirees.

$129/month.
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Old 05-31-2020, 07:10 PM   #39
Recycles dryer sheets
 
Join Date: Sep 2018
Location: Tucson
Posts: 122
We’ve been living in a big motorhome following the weather for about 20 years now.
Paid off so no mortgages
Average monthly rent including utilities, trash, and internet $10,000 year
Registration $300 year
Insurance $700 year
$916 a month
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Old 05-31-2020, 07:17 PM   #40
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Join Date: Dec 2018
Location: DuPage County IL
Posts: 1,447
RE taxes ~ $7K, insurance ~$1600, all utiiities inc elec/gas/water/sewer/cell phones/garbage/comcast triple pkay/netflix/prime video = an avg of $725 p/m. taxes and ins. pd annually. no mortgage, paid that off shortly before retirement. no consumer debt whatsoever. all vehicles paid for. still practicing LBYM.
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