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When you buy a home, your principal and interest payments aren’t the only financial burdens you’ll have to worry about. Thousands in so-called “hidden costs” also come due every year.

According to a report from Bankrate this week, the average homeowner in the US spends around $21,400 a year on things like maintenance costs ($8,808), utilities and energy ($4,494), property taxes ($4,316), home insurance ($2,267), and internet and cable ($1,515).

“Hidden costs” have risen in recent years, the report said, as home values and inflation have surged.

“Higher home values mean bigger property taxes and homeowners insurance policies (and premiums). And in the last five years, inflation has also been rearing its ugly head in the rising cost of everything, including construction/home improvement materials, goods and services — and labor,” wrote Linda Bell, a senior writer on Bankrate’s Home Lending team, in the report.

Bell continued: “In Bankrate’s 2025 Homeowner Regrets Survey, nearly half of homeowners (42 percent) who had at least one misgiving about buying their home cited maintenance and other hidden costs as being more expensive than expected.”

These costs vary from state to state. In the report, Bankrate compiled the five most expensive states and the five least expensive states in the US. All 10 of those cities are listed below in order of their national ranking. Their total annual “hidden costs” are included, as well as commentary from Bell about particular costs for each state.

Here are the five states with the highest and lowest “hidden” costs, according to Bankrate.