How much does it cost you to run your home (2022)? - See first post for criteria.

[Mark1]

2014 brick ranch.
~3,300 sq ft house with attached 3 car garage (1,000 sq ft) and shop (1,000 sq ft) and 1.5 acre lot.

1) Mortgage, if one has one. -0-
2) Rent if one rents their home -0-
3) HOA if one has one -0-
4) Landscaping and Lawn Maintenance if applicable. ~ $2,000/yr mulch, weed control, fertilizer, sprinkler components, etc. All DIY
Maintain 2 Million gallons of water rights (April to Oct) -$410/yr
5 @ 6) Electricity/Gas -$3,000/yr plus ~$600/yr firewood
7) House Water -$400/yr.
8) Internet, Cable TV -~ $2,400/yr.
9) Umbrella, Auto, Flood & Home Insurance -$~2,400/yr
10) Pest Control -$300/yr DIY
11) HVAC Maintenance Contract -0-
12) Property Tax -$~5,300/yr
13) General Home Maintenance; HVAC (maybe $500/yr annualized) Pool ($0), Roof (maybe $2,000/yr annualized), Windows, Painting ($50/yr DIY)

Total ~$20,000/yr. Seems cheap for the enjoyment we get from the property.

 

[Alan]

Year end 2022:

1)[-] Mortgage, if one has one.[/-]
2) [-]Rent if one rents their home[/-]
3) [-]HOA if one has one[/-]
4) Landscaping and Lawn Maintenance if applicable [-] No grass, do our pruning and weeding
5) Electricity = $608/yr
6) Gas = $1,268/yr
7) Water = $421/yr
8) Internet (This is really a Mandatory Expense) Cable & TV however may not be. $1,290/yr
9) Umbrella, Auto, Flood & Home Insurance = $389/yr (auto-$249, home-$140)
10) [-]Pest Control[/-]
11) [-]HVAC Maintenance Contract[/-]
12) Property Tax = $3,236/yr
13) General Home Maintenance; HVAC, Pool, Roof, Windows, Painting Ect. = $195/yr
14) Cleaning lady = $3,218/yr

TOTAL 2022 -- $13,281/year = $1,107/month

4 bed house - Yorkshire

 

[ShokWaveRider]

This is interesting showing the differences in COL from different states. It shows Florida is becoming a H/MCOL state. Unfortunately, not all folks listed their state, so their input is anecdotal only and cannot be compared with others. It is a shame more folks did not share their state.

 

[Gumby]

Looks like I win on property tax. I do hope there is a prize.

 

[N02L84ER]

1982 home, ~3,950 sq ft, 4 car attached climate controlled garage, 1 acre lot, no pool



2022 costs: $22,080 total or $1,840/mo

 

[Born2Fish]

2100 sq ft home, NC coast

Annual cost for utilities, insurance, maintenance, garden, property taxes for the past 12 months ... $22,860

 

[Time2]

This is interesting showing the differences in COL from different states. It shows Florida is becoming a H/MCOL state. Unfortunately, not all folks listed their state, so their input is anecdotal only and cannot be compared with others. It is a shame more folks did not share their state.

I updated mine to give my state--Fl.

 

[troutnut1]

2800 sq foot log home built 1989-addition and full remodel 2017. Montana

4) Landscaping and Lawn Maintenance if applicable
$25 for fuel
5) Electricity + Water + Sewer
$135.00 electric, well, septic pumping every couple of years
6) Gas
$75 propane average. mostly winter
8) Internet (This is really a Mandatory Expense) Cable & TV however may not be.
$120 Starlink
9) Umbrella, Auto, Flood & Home Insurance
$125
10) Pest Control
$10 chemical-DIY
12) Property Tax
$120
13) General Home Maintenance; HVAC, Pool, Roof, Windows, Painting Ect.
$100

About $710 monthly average

 

[TrvlBug]

You made me look. SF Bay Area, 3200 sq house built in 1988, purchased in 1997. I knew it was high, but....

Mortgage, rent, HOA - $0

Property tax - $12,789/$1066 (thank you Prop 13 as my neighbor who bought their house 4.5 years ago, same approx. value, pays $30K!!!

Insurance (home, EQ, umbrella, auto) - $14,770/$1,231

Electric - $2,570/$214 (~$100/mo is attributable to our EV. We are in process of installing solar & battery pack and our costs will drop to $10/month until July 2024 when it will increase to ~$100/month as our Legislature has decreed that the haves will pay for the electric costs of the have nots)

Gas - $1,426/$119

Water - $806/$67

Trash - $778/$65

Landscaping - $1,910/$159 (This is for hires 2x/yr to trim the patio trees and 4x/yr to do the pruning I don't want or don't know how to do. It does not include the $3-4K every 4-5 years to prune our oak trees)

Landscaping my plantings - $2,928/$244 (A bit high this year as I purchased 2 very expensive pots. Usually closer to $2K/yr.)

Internet - $960/$80

Pest Control - $1,872/$156 (quarterly ant spraying and monthly gopher control (what control the gophers say))

Home Maint misc. - $2,548/$212 (A bit high this year due to $1K in plumber cost to add a 5th hose bib)

Total - $43,396 yr/$3,616 mo

A lot, but in this area, this is still cheaper than renting .

 

[COcheesehead]

2200 sq ft Western Colorado. Built in 2020.
Mortgage $1300 - interest too low to ever think of paying it off.
HOA $38
Property tax $225
Water $52
Sewer/trash $39
Utilities $200 average
Insurance $48
Internet $84
Landscaping $0 - yard is xeriscaped
Maintenance $25 - we have a $300/year service contract on the Rennai, HVAC, furnace.
House is virtually new so the builder has taken care of anything that wasn’t right. Exterior is pretty maintenance free. Roof is a lifetime metal.

So $2011/ month.
The money I would use to pay off the mortgage is making $2200+ a month, tax free. So we are in essence living here free without including the appreciation which has been about 27% overall on the value, but 42% on equity

 

[aja8888]

The house I just sold in The Woodlands, TX (owned, 2,000 sq.ft.) was $1,236 per month, all in.

 

[cathy63]

HCOL SoCal area. 1900 sq ft townhouse built in 1978.

1) Mortgage, if one has one.	$0
2) Rent if one rents their home	$0
3) HOA if one has one	$2520/yr
4) Landscaping and Lawn Maintenance if applicable	included in #3
5) Electricity	$1480
6) Gas	included in #5
7) Water	$712
8) Internet (This is really a Mandatory Expense) Cable & TV however may not be.	~$1000
9) Umbrella, Auto, Flood & Home Insurance	$1950 (no flood ins, some ins included in #3)
10) Pest Control	included in #3
11) HVAC Maintenance Contract	$0 (no HC, radiant electric heat)
12) Property Tax	$7700 (includes sewer which is probably on most other people's water bills)
13) General Home Maintenance; HVAC, Pool, Roof, Windows, Painting Ect.	$0 in past 12 mos

Total for year: $15,362 monthly: $1280

Generally when I do this math, I also include trash service which adds another $20/mo. My annual budget is $2K/mo for the "roof-over-our-heads" expenses, which does not include auto insurance, though I did add it here. We usually underspend that, but are a lot closer in years when there's more home maintenance or replacement of appliances.

 

[aaronc879]

1) Mortgage, if one has one. $0
2) Rent if one rents their home $0
3) HOA if one has one $0
4) Landscaping and Lawn Maintenance if applicable $0
5) Electricity $75
6) Gas $50
7) Water $50
8) Internet (This is really a Mandatory Expense) Cable & TV however may not be. $60
9) Umbrella, Auto, Flood & Home Insurance $100
10) Pest Control $0
11) HVAC Maintenance Contract $0
12) Property Tax $275
13) General Home Maintenance; HVAC, Pool, Roof, Windows, Painting Ect. $0

Total: $610/mo, $7,320 yearly

 

[skyking1]

I'm not going to figure this one out, but I have estimated the new place to be about 1200 a month.

 

[CardsFan]

This exercise got me thinking (dangerous as that may be).

Our total spend to maintain a home is only 18% of our SS (after Medicare deduction), and only 27% of the higher one, when only one of us is around.

Which means, both, or one, of us could pretty easily live off just SS, if we had to.

It would not be extravagant, but it would not be meager. Comforting, to a degree.

 

[Time2]

19 answers so far, 13 or 68% have self reported home costs under $1,300 per month. 53% run between $1,000 and $1,300.
16% are under $1,000 31% run over $1,300


Low of $677 a high of $6,634.

 

[aaronc879]

19 answers so far, 13 or 68% have self reported home costs under $1,300 per month. 53% run between $1,000 and $1,300.
16% are under $1,000 31% run over $1,300


Low of $677 a high of $6,634.

Mine are $610/mo. Property taxes are killer at over $3K on a $160K house. Housing costs are $7,320 which is more than half of what I will spend 'all in' this year.

 

[BeanCounter62]

Southern Oregon - 5 br/3000-ish sq ft

About $2,100/mo $25,000/year
including $1500/mo mortgage (Thankful for 3%!)

 

[audreyh1]

I have the info as utilities are broken out by type in Quicken plus HOA and home maintenance, but it’s way too much work to retrieve it! (And I basically don’t care anymore.)

 

[F.I.R.E User]

Rent $613/month.
Water/Sewer/Pest Control: $40-45/month.
Internet/Cable TV: About $26/month.
Food: $100
Electricity: $175/month (higher than ever from last contract). This will go down to $100 next year.
Cell phone: $25/month.
Renters insurance: $9.58/month.

 

[Gumby]

It occurred to me to investigate how much someone would pay if they bought my house now. A 30 year, 20% down payment mortgage would cost about $5285/month (P&I only) at current rates. That would bring the carrying costs of my house to $8045 per month or $96,450 per year. I'm just hoping that wealthy millennials are interested in my neighborhood.

 

[HI Bill]

With a mortgage, HOA, yard, pest, and pool service and $500 in monthly estimated repairs, our monthly average is $4700. But that includes $1000 equity increase in our home monthly from the loan repayment alone (not including appreciation), so let's say $3600.

Including appreciation, my cost for 36 months has been <$11K> per month!

 

[cyber888]

Ok, my house has All Brick exterior, built 2003, 5 Bedrooms, 4 Baths, 3,400+ sq.ft.

MONTHLY EXPENSES:
Heloc 370
Prop Tax/insure 357 (just paid yearly prop. tax = $3,087, home insurance = $1,189)
Elec/Gas 190 (12 month average)
Water 58
HOA 70
TV/Internet/Phone 133
Security 30
----------------------------
TOTAL 1,208 / Month

I do the mowing (electric mower) and I trim the hedges. Wife likes to plant and garden.

If I decide to pay all of my Heloc balance when I cash my iBonds next year, $1208/month will be $838/month.
If I decide to pay 50-60% of my Heloc balance next year, I could get it down to about $1,000/month.

 

[rkser]

Our expenses last 12 months -

2000 built 2350 sq ft, single level house in Florida

Utilities. $5018
Includes Electric, Water, Cooking Gas, Home Internet + 2 Cell Phones

Insurance - State Farm -$ 9287
Includes 2 autos, Home Insurance & Umbrella

Home Maintenance. - $17032
Lawn Cut & Flower Beds, Lawn Fertilization, Termites, House Cleaning, minor Handy Man repairs (not home improvement), HOA $202/mo, Pressure Washing, Roof Washing, minor landscape replacements, Sprinkler repairs, A/C maintenance & Filters, roof leak repairs, Garage Painting,
( I cannot do much around the house & almost all is hired out)

House Taxes - $4566


Total - $ 35,903

 

[Alex The Great]

ANNUAL EXPENSES:
Prop Tax $14,000
Home Insurance $900
Gas & Electricity $1,357
Water $1,055
HOA $1,164
Internet $660
-------------------------------------
TOTAL $19,136 or 1,595 / Month