What are all the Monthly Expenses for a House in Raleigh North Carolina ?

[Travis Oneill]

Hello Everyone,

I hope you're having a great day!

My name is Travis. I'm 29, and I've never owned a house before. I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly expenses, including utilities, that I'll have to pay for when owning a home.

Below is a list of monthly expenses I've identified so far. I'm wondering if I'm missing anything:

•  Mortgage (20% down, so no PMI)
•  HOA
•  Electricity
•  Gas (None, as the new construction house has an electric stove—everything is electric)
•  Water Bill
•  Camera Security System
•  Internet
•  Lawn Care
•  Regular Maintenance

Questions:

•  Will I need to pay for trash?
•  Will I need to pay for sewer, or is this included in the water bill?
•  Am I missing anything else?

I appreciate any help.

Thanks!

[Chris Martin]

Quote from @Travis Oneill:

Hello Everyone,

I hope you're having a great day!

My name is Travis. I'm 29, and I've never owned a house before. I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly expenses, including utilities, that I'll have to pay for when owning a home.

Below is a list of monthly expenses I've identified so far. I'm wondering if I'm missing anything:

•  Mortgage (20% down, so no PMI)
•  HOA
•  Electricity
•  Gas (None, as the new construction house has an electric stove—everything is electric)
•  Water Bill
•  Camera Security System
•  Internet
•  Lawn Care
•  Regular Maintenance

Questions:

•  Will I need to pay for trash?
•  Will I need to pay for sewer, or is this included in the water bill?
•  Am I missing anything else?

I appreciate any help.

Thanks!

If you are in the city of Raleigh, the water bill includes trash and sewer. You will also be paying for:
- Recycling
- Stormwater
- Yard Waste
- Water Base Charge
- Watershed Protection
- Water Infrastructure Replacement Charge
- Waste Water Base charge
- Waste Water Infrastructure Replacement Charge

The "overhead" charges currently total $49.94. Below is a bill from a house I sold earlier this year. I took the name and address off, but you can see the line items and charges as listed above. 

If you are outside the city, many houses have well and septic. There are no monthly charges for well and septic, other than minimal electrical usage. Make sure you get a septic inspection before closing since replacement cost can be expensive.