Home Maintenance Costs Just Hit A Record High

The cost of everything is rising, and it appears that home maintenance expenses are no exception. In fact, according to a recent report, it now costs, on average, $6,548 a year to maintain a single family home.

In a previous article, we revealed that on average, homeowners can expect to pay $14,155 a year, or $1,180 a month in hidden costs related to owning a home. These include changes in property taxes, utilities — as well as maintenance costs.