【Zillow】Hidden Costs of Homeownership Top $16.6K a Year as Insurance Climbs

• The typical U.S. homeowner pays $16,566 a year, about $1,380 a month, for maintenance, property taxes and insurance on top of a mortgage payment, a new Zillow and Thumbtack analysis finds. That total is up 3% in the past year.
• Insurance premiums are up 54% in five years, outpacing maintenance (32%) and property taxes (19%). In Houston, Phoenix, Denver and Nashville, homeowners now pay more for insurance than for property taxes.
• Hidden costs range from $14,187 a year in Phoenix to $25,111 in New York. Maintenance is the largest cost in every metro analyzed.

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