Home Maintenance Cost Calculator
Estimate how much to budget yearly for home maintenance and repairs.
Enter your numbers and select Calculate to see results.
About This Calculator
This calculator estimates a reasonable annual home maintenance budget using the commonly cited '1% rule' — budgeting roughly 1% of your home's value per year for maintenance and repairs — with an adjustable percentage for older or newer homes.
How This Is Calculated
Annual Budget = Home Value × Maintenance %
- 1% rule
- — A common guideline: budget roughly 1% of home value annually for maintenance
A $400,000 home at the 1% rule suggests budgeting about $4,000/year, or roughly $333/month, for maintenance and repairs.
Assumptions
- The 1% rule is a rough industry guideline, not a precise formula — actual costs vary significantly by home age, climate, materials, and how proactively you maintain the property.
- Older homes, or homes with aging major systems (roof, HVAC, plumbing), often warrant a higher percentage.
Frequently Asked Questions
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Last updated January 15, 2026. Results are estimates for informational purposes only — read our disclaimer.