How to Estimate Utility Costs When Buying a House
Briefly

When shopping for a home, it's essential to consider not just the price and down payment, but also the utility bills that can quickly accumulate. The average monthly expenditure for the six major utilities is around $523. Home buyers can gain insights into these costs by consulting their real estate agent, asking current homeowners, or contacting utility providers for estimates based on previous usage at the target address. Remember, utility costs can fluctuate significantly based on various factors including location, size of the property, and individual habits.
The average monthly cost for the six most common utilities is about $523, and understanding these costs can significantly influence your home budget.
Utility bills can vary greatly depending on home size, location, usage habits, and climate, making it essential to gather estimates before purchasing.
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