What are the biggest monthly costs for South Jersey homeowners?

The largest monthly costs are typically the mortgage payment (including principal, interest, taxes, and insurance), essential utilities like electricity and gas, water and sewer, and homeowners insurance. ([mgsells.com](https://www.mgsells.com/blog/what-monthly-costs-look-like-for-a-south-jersey-homeowner))

How much should I budget for utilities as a homeowner?

On average, homeowners might spend around $250–$400 per month on utilities like electricity, gas, water, and sewer, though actual costs vary with home size, season, and usage. ([mgsells.com](https://www.mgsells.com/blog/what-monthly-costs-look-like-for-a-south-jersey-homeowner))

Do HOA fees and insurance affect monthly costs?

Yes. Homeowners insurance may cost $100–$200+ per month, and if the home is in an HOA community, monthly dues can range from roughly $50 to $400 or more, depending on amenities and services included. ([mgsells.com](https://www.mgsells.com/blog/what-monthly-costs-look-like-for-a-south-jersey-homeowner))

How should I plan for maintenance costs?

It’s smart to budget about 1–2% of your home’s value annually for maintenance and repairs. For a mid-range home, this can average around $300–$600 per month. ([mgsells.com](https://www.mgsells.com/blog/what-monthly-costs-look-like-for-a-south-jersey-homeowner))

Are there other recurring monthly costs I should expect?

Yes. Miscellaneous costs can include internet and cable, pest control, security systems, and appliance replacements over time. These vary by household but should be included in your budgeting. ([mgsells.com](https://www.mgsells.com/blog/what-monthly-costs-look-like-for-a-south-jersey-homeowner))

What are the biggest monthly costs for South Jersey homeowners?

The largest monthly expenses are typically the mortgage payment, utilities, homeowners insurance, property taxes, and routine maintenance.

How much should I budget for utilities as a homeowner?

Most South Jersey homeowners spend approximately $250–$400 per month on utilities, depending on home size, season, and usage.

Do HOA fees and insurance increase monthly housing costs?

Yes. Homeowners insurance often ranges from $100–$200 or more per month, and HOA fees can range from $50 to $400 or higher depending on the community.

How should I plan for maintenance and repairs?

A good rule of thumb is to budget 1–2% of your home’s value annually for maintenance and repairs, which can average several hundred dollars per month.

Are there other recurring costs homeowners should expect?

Additional recurring costs may include internet and cable service, pest control, security systems, and appliance replacements over time.

Published November 27, 2025

What Monthly Costs Look Like for a South Jersey Homeowner

Written by Mary Murphy

What Monthly Costs Look Like for a South Jersey Homeowner header image.

Owning a home in South Jersey is a dream for many, but understanding the full range of monthly costs is crucial before taking the leap. Beyond the mortgage, homeowners face a variety of expenses that can impact your budget. Here’s a detailed look at what monthly costs you can expect.

1. Mortgage Payments

For most homeowners, the mortgage is the largest monthly expense. Your payment typically includes:

Principal and interest: The amount you repay on the loan itself.
Property taxes: Collected by your county or municipality, usually included in your monthly mortgage payment.
Homeowners insurance: Protects your property from damage or liability.

For example, a $350,000 home with a 6% interest rate and 20% down payment could have a monthly mortgage around $2,100–$2,400, depending on taxes and insurance.

2. Utilities

South Jersey homeowners should budget for essential utilities, including:

Electricity and gas: Costs vary by season, with higher bills in winter for heating and summer for cooling.
Water and sewer: Municipal services vary by town.
Trash and recycling: Often included in municipal fees, but check your town’s schedule.

On average, homeowners spend $250–$400 per month on utilities, depending on home size and usage.

3. Homeowners Insurance and HOA Fees

Insurance: Protects your home and belongings; premiums can range from $100–$200 per month.
HOA fees: If your home is part of a community association, expect monthly fees for maintenance, amenities, and common area upkeep. These can range from $50–$400+ depending on the neighborhood.

4. Maintenance and Repairs

Regular upkeep is key to protecting your investment. Budget around 1–2% of your home’s value annually for maintenance, or roughly $300–$600 per month for a $350,000 home. This includes:

Lawn care and landscaping
HVAC servicing
Plumbing and electrical repairs
Minor renovations or upgrades

5. Miscellaneous Costs

Don’t forget other recurring expenses, such as:

Internet and cable
Pest control
Security systems
Appliance replacements over time

Bottom Line

Owning a home in South Jersey comes with predictable and variable monthly costs. Planning ahead ensures you enjoy your home without financial stress. A typical homeowner may spend anywhere from $3,000–$3,500 per month on mortgage, utilities, insurance, and maintenance for a mid-range property.

Ready to budget for your South Jersey dream home? Contact our team today to explore homes that fit your lifestyle and budget!