The Brief

Owning a home can get pricey considering all the costs associated with it, including mortgage payments.

And while the management of household expenses can be a challenge, a new analysis from Zillow and Thumbtack reveals that the hidden costs of owning a house, like maintenance, insurance, and property taxes is now $15,979 annually in the U.S.

A breakdown of homeownership cost

Why you should care: Zillow noted in its report that homeowners on average are spending $10,946 annually on maintenance, $2,003 on homeowners' insurance, and $3,030 on property taxes. And this accounts for over $1,300 monthly in extra costs on top of mortgage payments.

RELATED: Nearly 1 in 4 homeowners paid condo or HOA fees in 2024: See the map

These costs rose by nearly 5% in t

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