Ever wonder how much people are paying to live in their tiny houses every month?
This ought to feed your curiosity, then, because Business Insider went out and asked six tiny homeowners that very question and they published their answers right here. My video reaction to the article is below. 🙂
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6 Tiny House People Share Their Monthly Living Expenses in 2019
I think you will enjoy the article because the homeowners share all kinds of interesting information like how much they spent building or buying their tiny homes, how much their lot rent is, how much they spend on utilities and insurance, and some of them even tell you how much they spend on their groceries, too!
The Costs Of Living In A Tiny House…
What’s incredible and consistent throughout the story is that most of these tiny homeowners are able to live on less than $1,000/month in 2019 even though they are paying around $500/month in lot rent. This, of course, goes without considering, the heavy upfront cost and labor of building and/or buying a tiny house. Most of them have spent over $50,000 to build their tiny house.
Read the complete article and meet all six tiny house people (and their expenses) over at Business Insider and then let’s talk about it in the comments below. 🙂
=> Business Insider – 6 owners of tiny homes reveal how much they spend each month on housing
Business Insider Article | Orlando Lakefront
Our big thanks to Peter Christiansen for sharing!🙏
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Location, location, location!
2150 sq feet 4/2 (built 1885) + 900 sq ft modern garage near Indianapolis:
Purchase cost: $60,000 (paid for)
(Cost of lot)/property tax: $62 per month
Internet/cable: $109 per month
Utilities: $130-$190 per month
Insurance: $128 per month
>>Total: $427-$487 per month
…and I’m building a THOW out back!