Hidden expenses for homeowners cost over $21K a year: Study

Hidden expenses for homeowners cost over $21K a year: Study

(NewsNation) — A new study finds that homeowners in the United States spend over $21,000 a year on hidden expenses. Those "hidden costs" include home maintenance, property taxes, homeowners' insurance, utilities, internet, and cable bills. They are referred to as "hidden" because they’re often overlooked or unforeseen by homeowners, especially when budgeting to buy a place. "The squeeze on wallets intensifies after one becomes a homeowner," the …

28 Hidden Costs Of Buying A Home Many Don’t Think About

When buying a home, many focus on the mortgage payment and whether they’ll be able to afford it. However, what they often forget to consider are all the additional or hidden costs that come with homeownership. Being unprepared for these unexpected expenses can put a financial and emotional strain on homebuyers and sour the whole experience.We’re here to walk you through some of the hidden costs everyone should know before purchasing a house, so …

45% of American homeowners have regrets about buying their current home—here’s their No. 1 complaint

Among American homeowners with regrets, one complaint is the most common: unexpected maintenance costs and hidden fees.

Hidden Homeownership Costs Hit $21,000 A Year In 2025 – automotivemogulCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down IconCaret Down Icon

Key insights The average annual cost of owning and maintaining a single-family home in the U.S is more than $21,000 a year, according to a new Bankrate study. Hawaii and California top the list of states with the highest homeownership …

Hidden Expenses Found in Homeownership

Homeowners are taking on thousands of dollars in hidden expenses. According to a new Bankrate study, homeowners spend around 21-thousand-dollars yearly on hidden costs which can include home maintenance, property taxes, homeowners’ insurance, utilities, internet, and cable bills. They are referred to as “hidden” because they’re often overlooked or unforeseen by homeowners, especially when budgeting to buy a place. Hawaii, California, New Jersey,…