Tiny homes can cost anywhere from $8,000 to $150,000 to build, which is far less than the cost of the average standard-size home in the US. And the savings don’t stop there.
Living in — and maintaining — a tiny home is also typically less expensive. Nobody knows this better than the residents of Orlando Lakefront, a tiny-house community in Florida. In fact, the owner of the community, Adam Money, told Business Insider that people who live in tiny houses typically saved $2,000 a month.
After speaking with six homeowners in the community, it’s clear that most spend less than $1,000 on expenses every month. Keep reading to see how their expenses break down.
Mickie Boehm — who has lived in a 250-square-foot tiny house with her husband since July 2018 — spends about $1,000 per month on expenses.