Free tool
Home maintenance budget calculator
Two common rules of thumb for home maintenance are about 1% of your home's value a year, or about $1 per square foot. Compare both for your home and see what to set aside each month. Nothing is stored.
Set aside each year
$1,800 to $3,500
- 1% of value
- $3,500
- $1 per square foot
- $1,800
- Monthly, low end
- $150
- Monthly, high end
- $292
Plan to set aside about $1,800 to $3,500 a year, or $150 to $292 a month. At 25 years old, your home is more likely to need big-ticket replacements soon, so aim for the higher end.
Rules of thumb only. Climate, the age of your roof and systems, and recent replacements all change what you'll really spend. Estimates only.
Plan ahead
- What's coming up? See how long home systems last.
- Build the fund. See save for repairs.
- Prevent problems. See a simple maintenance schedule.