Source: Move.org, via the California Association of Realtors.
Utility bills can add up, especially in a pandemic that has forced people to spend more time at home. On average, renters are spending between $100 to $150 per month on utilities, whereas homeowners are paying an average of $400 per month, according to Move.org. Home shoppers would be wise to inquire about the average utility costs of homes the're looking at to help avoid sticker shock when they get their first bill.
California ranks 36th in the nation with utility costs totaling an average of $379 a month. Hawaii ranks the most expensive state with utilities totaling an average of $588 a month, and New Mexico ranks the least expensive at $345 a month.
See here the full article and details of the study.
Thanks for reading!
Francis
