Content of the material
- What Is the Average Electric Bill?
- What Is the Average Gas Bill?
- How Much Is The Average Natural Gas Cost In The United States?
- How Much is the Average Internet Bill?
- How to Save Money on Your Internet Bill
- How Much Is the Average Wi-Fi Bill?
- How Much Is the Water Bill in Texas?
- Invest in Water Efficient Shower Heads
- How To Reduce Your Utility Bill
- Typical utility expenses
- How much electricity do 1-bedroom and 2-bedroom apartments use?
- Cable The Expense You Can Play Around With
- Digital Antenna:
- Cable Subscription:
- Streaming Television:
- Dedicated Streaming Services:
- Electricity The Cost of Powering Your Home
- Calculating Power Usage
- Ways to cut energy costs
- Average Electric Bill for Businesses
What Is the Average Electric Bill?
The electricity bill will likely be one of your highest monthly utility expenses. On average, the typical American uses 41% of their home’s total energy on space heating and cooling, and 35% on appliances, electronics and lighting. Your apartment electricity bill will also be higher or lower depending on the number of people in your household; the state you live in; the number of appliances and electronics using electricity; and the size of your apartment.
Notably, some states record higher average electricity consumption, which then leads to a higher average electricity bill. At the upper end of the spectrum is Hawaii with an average electric bill of $160. It’s followed by Alabama with $148 and Connecticut with $146. At the opposite end, the Colorado average is $82, whereas New Mexico’s is $80 and Utah sees an average electric bill of $73.
The number of rooms in your apartment will have a significant influence on your utility bills, as well. For example, the average electric bill for one-bedroom apartments is roughly $94 per month if you live alone, but it could go up by $75 (in total) or more if you live with roommates in a three-bedroom apartment. To that end, if your roommates leave on their computers for 10 hours a day every day or love blasting the A/C, your total electric bill could be $60 more. Therefore, if you have roommates, consider using apps to help you split the bills — an easy way to save money.
What Is the Average Gas Bill?
When it comes to gas costs, southern states see some of the lowest prices, followed by the West Coast — due to both low monthly consumption and moderate prices. The lowest averages are found in Florida with a $38 average gas bill; Arizona with $46; and Louisiana with $47. In Idaho, Nevada, California and New Mexico, the average gas bill is less than $60. And, while most people use gas for heating their homes and cooking, average amounts may differ because the provider or local administrator could include additional fixed charges or taxes on the bill.
For instance, the average gas bill for a one-bedroom apartment will be around $46 per month during the cold season if your gas-fueled appliances are highly efficient. But, remember that weather is also an important variable and low temperatures during winter will significantly increase the heating bill. Consequently, the average gas bill for a three-bedroom apartment with a high-efficiency furnace and/or water heater can reach slightly more than $61. But, if you have low- to average-efficiency appliances, expect to pay more than $70 for a three-bedroom rental.
How Much Is The Average Natural Gas Cost In The United States?
Wondering how much you’ll spend on natural gas costs when you move into a new home? Figuring this out can be tricky. That’s because there are so many variables that can impact your natural gas bill.
For example, your gas bill will be higher if your home’s furnace, water heater, oven, stove and dryer are powered by gas. If your home’s appliances are instead powered mostly by electricity, your monthly gas bill will drop.
It also matters where you live. Your area’s climate plays a major role in the size of your monthly gas bills. Heating a home accounts for the greatest consumption of natural gas. If you live in a cold climate where the winter months see frigid temperatures, you’ll probably spend more on natural gas than someone in a milder climate.
Then there’s the size of your home. As you can guess, it takes far more gas to heat a larger home. Consequently, you’ll pay more each month in natural gas if you own a big home.
You can impact how much gas your home consumes each month by boosting the energy efficiency of your home. Adding more insulation to your home’s walls, for instance, will keep the hot air in your residence for a longer amount of time. Multi-pane windows will do the same. Investing in furnaces and water heaters that are more efficient will also help reduce your monthly gas bills.
So, how much can you expect to pay each month in natural gas to heat your home and power your gas-fueled appliances? The American Gas Association most recently said that households in the United States spent an average of $661 a year in natural gas to heat and fuel their homes. That comes out to a bit more than $55 a month.
How Much is the Average Internet Bill?
The cost of an internet bill for your typical user will be around $30-$60 a month depending on your usage.
When selecting an internet provider, consider how many devices will be using the internet and what they’ll be doing. If you just casually browse the web or social media, you can make do with a cheaper plan. Speeds of about 6-10 Mbps should be adequate for your usage.
For internet activities that require more data such as video streaming or online gaming, you’re going to need faster speeds. Look for a plan with speeds of at least 20+ Mbps. If you're a remote worker and want to get rid of any lag issues, you’ll want to bump that up to 50+ Mbps.
If your internet connection is spotty, look into Wi-Fi extenders. These can provide you with a more steady connection without you having to upgrade your plan.
How to Save Money on Your Internet Bill
Saving money on your internet bill is difficult, but possible. Here are a few obscure ways to save big on your internet bill!
- Buy your own modem or router. Avoid paying the monthly rental fee for these devices by making a one-time purchase. Just be aware that you'll have to send back any equipment to avoid accruing fees for the equipment you aren't using.
- Bundle your services. If you’re working with a provider that offers cellular, cable, or additional services, check out their bundling rates. You may be able to save big on your bill and get higher speeds and bandwidth just by opting into a bundled service.
- Call your provider. Giving customer service a call to let them know that you’re considering switching services can result in matched or even lower rates than the competition.
How Much Is the Average Wi-Fi Bill?
Depending on your region, you’ll be able to make a selection based on your preferences and WiFi needs. There are a ton of internet providers in the US, so price and download speeds will likely play a major role in your decision in how much your Wi-Fi bill will cost.
Here are some of the cheapest internet service plans offered by the top providers in the US. Keep in mind that some providers offer slower speeds for certain regions. The ones below are the most widely available and offer at least 50 Mbps:
- Verizon: $39.99 per month @ 200 Mbps
- AT&T: $49.99 per month @ 50 Mbps
- CenturyLink: $50.00 per month @ 100 Mbps
- T-Mobile: $50.00 per month @ 100 Mbps
- Xfinity: $64.99 per month @ 50 Mbps
- Spectrum: $74.99 per month @ 200 Mbps
For internet plans, internet providers often run promotions with deep discounts and promotional offers that typically last anywhere from 12 – 24 months. Customers are typically expected to cover the cost of any promotional services and pay the standard monthly rate after this period.
There are a number of different features that can play a major impact on your Wifi bill, including automatic bill pay enrollment, setup costs, equipment rental, and more, so always read the fine print.
How Much Is the Water Bill in Texas?
Texas has much lower water costs than the US average. The water bill differs a lot depending on the size of the house and its residents. One person would not pay the same water bill as a family of four. The US water bill is $337.60 on average per year per household . In Texas, though, the yearly average is $288.43. Don’t let it fool you, though. The water bill will vary substantially depending on the city. If you were to hire local movers to move to the city of Lubbock, you would expect an annual water bill of around $474.60. Move to Wichita Falls, and you will be finding an average water bill of $516.43. Almost double the Texas average. Reviews of the city you’re moving to will give you an idea of the amount you’re likely to pay in utility costs. The water bill in smaller cities is more expensive than in bigger cities since in a smaller city, the cost of getting water there is distributed among a smaller group of people than in a bigger, more crowded city where the cost is distributed among its many citizens. Your apartment location will affect the amount you’ll have to spend on utilities. Nevertheless, no matter where you live, you wouldn’t mind saving some money on your water bills. So here are a few ways to reduce your water consumption and, therefore, your water bill.
Invest in Water Efficient Shower Heads
Showering accounts for 17% of the overall water bill. Showers are the third most significant source of water consumption after washing machines and toilets. A person showers for 8.2 minutes on average and uses 17.2 gallons (65.1 liters) in those 8 minutes. The water flow rate of showers is approximately 2.1 gallons per minute (GPM) or 7.9 liters per minute (LPM). A water-efficient showerhead can save around 7 gallons of water (26 liters) in a 7-minute shower. Which adds up to 2377 gallons (9000 liters) saved every year.
Want to know the monthly water prices based on the size of an apartment? Here’s a quick list for you:
- The average water bill for a 1 bedroom apartment is $21.11
- The average water bill for a 2 bedroom apartment is $36.41
- The average water bill for a 3 bedroom apartment is $45.79
- The average water bill for a 4 bedroom apartment is $57.47
It is estimated that an average American uses 82 gallons of water at home on a daily basis. This also leads us to the conclusion that an average American typically has up to $.94 of debt for water use on a daily basis.
Fortunately, there are ways to considerably slash the cost of your water bills. This will not only help you save big per month but will also contribute to saving the environment. Make sure you use the water only when necessary. Other hacks like investing in a dishwasher, taking shorter showers, getting an ENERGY STAR certified washing machine, and fixing all the issues with your water taps can help you save on your monthly water costs.
How To Reduce Your Utility Bill
It’s possible to reduce the money you spend on electricity, water and gas simply by changing your habits or investing in energy-efficient appliances and insulation. Here are some changes that could possibly lead to big savings:
- Work that thermostat: In the winter, keep your home colder when you’re not in the house and only boost the temperature when you return. In the summer, let the temperature rise in your home when you’re out. There’s no need to blast the heat or air conditioning if you’re not around to enjoy it.
- Check your windows and doors: Drafty windows and doors cause your home’s heating and cooling systems to work harder. That increases your monthly utility bills. Replace windows that leak air with more efficient models. Do the same with your doors to keep the cold and hot air inside your home.
- Take shorter showers: You can dramatically cut your water usage and lower your water bill by taking shorter showers. Reducing your shower time by as little as 5 minutes a day can make a dramatic impact.
- Invest in a more efficient showerhead: New showerheads, even efficient ones, aren’t overly expensive. By investing in a showerhead that uses less water you can further reduce your monthly water bills by a significant amount.
- Don’t use hot water in your washing machine: You’d be surprised at how much more energy your washing machine will use when you wash your clothes in hot water. To save on energy usage, wash your clothes in cold or warm water instead.
- Fix faucets that leak: A leaky faucet is annoying, but it’s also expensive. All that dripping adds up to a lot of wasted water by the end of the month. Fix your drippy faucets and watch your water bill dip.
- Invest in energy-efficient appliances: It might be expensive to replace older appliances with energy-efficient models, but these newer models consume far less energy. Spending your money on a more efficient refrigerator, dishwasher, furnace or air conditioning unit can end up leaving you with far lower bills each month.
- Invest in new light bulbs: Newer light bulbs of the fluorescent or LED variety consume far less energy than your typical halogen light bulb.
Typical utility expenses
Utilities are services that keep your home comfortable, functional and safe. These include:
- Heating and cooling
- Sewer use
- Trash and recycling
- Internet, phone and cable
How much electricity do 1-bedroom and 2-bedroom apartments use?
The average one- and two-bedroom apartment uses 20-30kWh of electricity per day. That translates to around 900kWh per month. kWh stands for kilowatt-hour, which is the standard unit of measure for electricity usage and costs.
It is important to keep in mind that electricity rates are different in different states and can even vary from city to city. So, the cost of each kWh will vary depending on the state you live in. When you are estimating your electricity costs, make sure to look up the electricity rates in the zip code that you are looking to rent in.
It also goes without saying that the more people living in an apartment, the higher the electricity usage and cost. But in many cases, this also means splitting the bill.
Cable The Expense You Can Play Around With
Average Cable Bill: $0 – $100 (depending on plan)
Here’s where things get interesting.
Yes, we recognize having cable TV access isn’t a necessity, but it’s definitely a quality-of-life choice that most people find to be well worth the cost.
But don’t worry about not having access to entertainment and information, because there are a plethora of great options for audio/visual content available at many price points.
By far the cheapest option, as long as you’re within range of a local broadcaster, digital antennas allow you to watch a handful of television stations (typically including ABC, NBC, FOX, and CBS) for free.
Average Price: $0
Here you’ll see fewer options, depending on where you live, but all companies are required to offer basic cable packages along with additional channels and bundles with internet and phone service.
Average Price: $100/month
Recently, many companies have sprung up offering streaming television through the internet, offering customers an alternative to paying whatever their local cable company feels like charging.
Average Price: $25 – $40/month
Dedicated Streaming Services:
And if you’re more into watching things strictly for entertainment, there are plenty of streaming video services that offer a variety of content that appeal to almost every niche from film buffs, to classic television, comedies, and horror.
Average Price: $8 – $15/month (per service)
Electricity The Cost of Powering Your Home
Average Electricity Bill: $65.33 – $88.10
Almost every appliance in your home is going to be using electricity at some point in time, which is why it’s important to know exactly how you’re being charged for your power consumption.
Your electricity consumption is going to be measured in kilowatt hours (kwh), which is essentially a measure of how much power a device uses over time.
Since everyone uses different appliances at different rates, it can be pretty hard to estimate average energy usage, but here are a few constants…
Calculating Power Usage
Determining exactly how much electricity you’re using can be tricky, but there are a few constants you can rely on to give you a baseline.
Here’s the average cost of using some necessary household devices based on data from Duke Energy:
|Ceiling Fan||0.075 kwh/hr||$0.01/hr|
|Energy Star Refrigerator||43.0 kwh/month||$5.72/month|
|Dishwasher||1.0 – 2.17 kwh/load||$0.13 – $0.29/load|
|Laundry (Cold Wash, Cold Rinse)||0.3 kwh/load||$0.04|
|Water Heater||390 – 500 kwh/month||$51.87 – $66.50/month|
|TV (40″ – 49″ LCD)||0.15 kwh/hr||$0.02/hr|
|Computer (Desktop)||0.06 – 0.25 kwh/hr||$0.01 – $0.03 kwh/hr|
|Computer Monitor (17″ LCD)||0.04 kwh/hr||$0.01 kwh/hr|
Still, there’s one major factor to your electric bill that requires special consideration…
Ways to cut energy costs
There are a number of steps you can take to reduce energy usage and your utility bills:
- Turn off and unplug – While this change might seem minor, standby power accounts for 5 percent to 10 percent of residential energy usage, according to the U.S. Department of Energy (DOE). Turning off appliances regularly could save you up to $100 per year.
- Install ceiling fans – Ceiling fans promote circulation, so you might be able to get away with a higher thermostat setting, which lowers costs.
- Upgrade to more efficient appliances – Products with the Energy Star label meet government efficiency standards, and sometimes more so. Energy Star refrigerators, for example, are at least 15 percent more efficient than the minimum efficiency criteria. In short, these types of appliances use less energy and can help you save money.
- Switch to LEDs – Residential LED lighting uses at least 75 percent less energy, according to the DOE, and lasts longer compared to incandescent lighting. The result: an average annual savings of about $225. Pair the LEDs with timers and dimmers to really maximize these savings.
- Install solar panels – Solar panels produce energy from the sun, a free power source. The cost to install solar panels isn’t cheap, however, but the expense tends to pay off in the long run. You can estimate your potential savings using this tool.
- Use smart meters – Smart meters are devices attached to appliances that track their energy usage, sending readings directly to the utility provider. If the smart meter shows a spike in usage, you can take steps like using less power or water to reduce consumption.
- Request an energy audit – A home energy auditor can identify where your home is losing energy. If you make the energy upgrades recommended by the auditor, you could save between 5 percent to 30 percent on your bills, according to the DOE.
Average Electric Bill for Businesses
Commercial electricity rates are calculated a bit differently from residential rates. These rates on average tend to be much higher, simply because they consume so much more electricity on a monthly basis. The average commercial business uses approximately 6,000 kWh each month.
To calculate the average cost of commercial electricity for any business within the United States, you simply take the kWh rate of the state for the month and multiply it by 6000. For example, the rate of electricity for Louisiana in March was: 8.9 cents per kWh. If we multiply 8.9 by 6000 (8.9 x 6000) we find that the average cost of electricity was $534 (rounded down to the nearest dollar). While Louisiana happens to be a state with lower electricity rates compared to Alaska or Hawaii, the average commercial customer in the United States will pay around $664 per month for electricity.
Keep in mind that electricity rates vary wildly from business to business as different industries use or consume electricity in many different ways.
Take a look at the chart below to view the average monthly electric bill for commercial electricity (by state) from January to June 2016. In the column on the far right, the cost shown is the total average amount by state for the same period.
For commercial electricity rates, they remain pretty much unchanged from last year’s rates. While the weather does have a similar impact on commercial rates when compared to residential rates, many commercial buildings do not see the same dips and rises because they use so much more energy (and in different ways).
According to the EIA, we can expect the rates of 2016 to rise or grow by 1% for 2017.
Please note that these average electric bills are estimated averages and for informational purposes only — please do not make any decisions best upon these numbers. Electric bills vary wildly depending on your individual electric rate, square footage, energy requirements, etc. These estimates also do not include any provider or utility related fees and charges.