Homeownership costs surge 39 percent in U.S. since 2019, Frank Chaparro notes

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Homeownership costs surge 39 percent in U.S. since 2019, Frank Chaparro notes — U.S. home costs up 39 percent

Frank Chaparro reports that the cost of owning a home in the U.S. has surged nearly 39% since 2019, rising from about $20,600 per year to $28,600 per year.

According to data from ICE and Angi, emergency repairs saw the largest increase at 175%, followed by home maintenance at 85%, insurance at 72%, and interest at 35%. Property taxes also contributed to the rise in expenses for homeowners.

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Chaparro has covered significant developments in U.S. finance and technology. He recently confirmed that Coinbase will offer pre-IPO perpetual futures for SpaceX, settled in USDC for non-U.S. traders. He also reported that major U.S. banks formed a tokenized deposit network to compete with crypto platforms. Both stories highlight ongoing changes in financial products and services.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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