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Incidentals for housing?
Thinking of moving to north LA, San Dimas or nearby. I know what house prices and rental prices are, but was wondering if someone has some typical expenses for a 2-3 bed apartment other than the usual costs (ie utilities, phone/internet/TV) - not obvious ones being local taxes, garbage collection fees, or anything else that one would expect to pay out). Thanks.
I did ask a similar question before but only got rent and electricity/internet/cable costs. I want to know what else I would pay! For example, in UK we have to pay council taxes which for me are a good US$150 a month, so obviously I want to factor that kind of extortion in!
4 Answers
- maliboo_girlLv 71 decade agoFavourite answer
If you buy, you'll have property tax, which will be approx 1.2% of the purchase price/value of the home. If you buy a condo, or a home in a housing development, you may have homeowner assoc fees, which will vary depending on the property. If you don't put enough down, you may have PMI, private mortgage insurance, on top of the mortgage.
In many areas, you don't pay for garbage collection. I do though, and it's about $90 x 4 times a year.
Auto cost, plus maybe parking cost at work, auto insurance. If you're going to be employed by a company, find out how much taxes, health insurance, etc will be taken out of your check so you have no surprises.
Good luck!
- Capt. ObviousLv 71 decade ago
In certain areas, you pay HOA (Home Owners Association) Fees, which can be anywhere from $20 to $200 per month, depending on the area. Generally, it's for maintenance, security, pool, and common areas. You find that only in the nicer areas.
You might also think about car insurance, property taxes, and an entertainment budget. It seems like you have a handle on most of the fees, but some areas have fees of their own which you don't really know about until you move there.
- 1 decade ago
Here are two resources for you:
This doesn't include additional expenses but this will give you a better idea about the range of rent prices across the city. Also, prices are more competitive now especially with luxury apartments.
- Sun ☼Shine☼Lv 61 decade ago
One thing I can tell you is if you are moving to L.A. you have to pay for parking all over the place and the prices vary greatly depending on where you are... so it is hard to estimate...
