Monthly Cost Of Living In A Tiny House
Monthly Mortgage payments are low.
- Take for example a $55k mortgage at 4% for 30 years is only $263 a month. If you look around at what is available in whatever area you live in the United States and ask yourself what does $263 in rent get you? Not much, that’s the answer, EXCEPT when you go TINY. You can design the home of your dreams for LESS MONEY and have LESS HASSLE of upkeep with a smaller environmentally friendly impact on your world.
Lower Monthly Utility Costs.
- If you have a traditional home you are easily looking at an average utility cost of at least $125-$150 with larger homes in the multiple hundreds of dollars in heating and cooling expenses. With a tiny home and such incredible advances in technology, like the mini split air conditioner and heat pump, you can easily only pay between $15-$30 a month. This lessens that monthly hit on your wallet from the bill collector. Get debt free earlier with less utility bills. If you want to check out the latest MRCOOL DIY Mini Splits CLICK HERE!
Easier to build and less expensive.
- Depending on your budget it is entirely reasonable to design a tiny house interior with only $20,000 in building materials, appliances and etc. This is unimaginable in a traditional house which can require many multiples of this for supplies, etc. This doesn’t include labor, but with the smaller size of a tiny house it’s quicker and easier than ever to build a Tiny House. So even if you are recouping the cost of materials over a 30 year period this $20k easily fits within a $55k all in budget.
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