A few months ago, I decided I would continue renting since I’m just not in a position to buy anything yet. I made a move from a rental house, where I got to learn about repairs and high utility bills in preparation of someday owning my own little house, to a gorgeous apartment. Not only is the apartment big (bigger than the rental house I was living in), it really is the most beautiful building and unit I’ve ever seen which made my reluctance of moving into an apartment from a house completely disappear.
Some friends and relatives thought it was an absurd idea to move into another rental now that the housing market is finally at a more affordable level. Yet I know too many people who are stuck with houses that they no longer want, or can afford, so my decision didn’t seem so absurd after all.
And, something happened to make me appreciate apartment living all over again: I received my water, trash and sewer bill. For the month of November is was $11.99! Yes, you read that right: $11.99!
In comparison, at the rental house every month water, trash and sewer charges were hovering around $125.00. I never understood why the sewer and trash charges were so high at the rental house, but as you can imagine I was in utter disbelief when I received my current bill. My savings each month is much greater than I had calculated; I’m saving approximately $113 a month so far in utilities.
I haven’t received my electric bill yet, but I’m predicting that it will also be much less than what I was paying at the house. I’m ecstatic that my utility bills are quite a bit less than what I was paying; I can now budget some of the savings toward my savings accounts this year so I can reach my 2011 goal.
Have you recently moved and noticed a price increase or decrease in your utility bills? Are utilities a main benefit of renting?