The True Costs of Owning a Home Can Top $14K Annually If you’re a first-time buyer, the cost of utilities could surprise you, especially if your previous rental home included utilities Homeowners in Hartford, Connecticut, pay the highest utility bills, averaging $4,443 annually, according to the Zillow Thumbtack research
Costs of owning a home: A complete guide - Rocket Homes Utilities include all the electricity, fuel and services you need to keep your home humming Renters typically pay utilities, too But with smaller units and certain utilities rolled into their monthly rent, renters may have lower utility costs than homeowners
8 Costs of Home Ownership You Need to Know - Orchard Utilities include electricity, gas, water, trash, and internet Like other homeownership expenses, the cost of each service is highly dependent on the size of your home, where you live, and the type of systems in your house
Owning a Home: The True Costs and Things to Understand Ongoing costs like utilities and HOA fees are easy to underestimate when first buying a house Creating a detailed monthly budget is key to understanding the true cost and ensuring homeownership fits your lifestyle
Renting an Apartment vs. Buying a Home | Property Management . . . Unlike renting, owning a home means you're responsible for paying all property utilities and services, including electric, gas, water, cable, internet, recycling, and garbage The monthly or quarterly cost of each will vary by property, location, and personal usage
Utilities Questions to Ask Before Buying a Home - FangWallet When buying a house, we often focus on aesthetics and location, but the utilities can make or break your experience Ask about water quality, energy efficiency, and local service providers These often-overlooked details can save you headaches-and money-down the line