Fans win in baseball's new labor deal. Free agency brought millions to players. Even adjusted for inflation, Flood's $90,000 salary in 1969 would be less than $479,183 in today's dollars. That's about a fifth of the league average for players today and a small fraction of what players of his caliber get paid currently.
The 1 Percent Rule. One popular rule of thumb says that one percent of the purchase price of your home should be set aside each year for ongoing maintenance. For example, if your home cost $300,000, you should budget $3,000 per year for maintenance. That doesnât mean youâll literally spend $3,000 every year.
The total cost of replacing everything: One more way to look at home maintenance is to figure the cost to replace everything in the home after its typical life cycle. For example your fridge might last 20 years and you'd have to replace it so the cost of maintaining a fridge annually is purchase price / 20.Using the cost estimator at Improvenet, I figured that a new roof will run $4000 to $9000 for a 1500 square foot house. The roof will last 20 years so thats $200 to $450 a year. brand new home should not cost anywhere near as much to maintain as a run down home built 100 years ago. So getting a generic number for home maintenance costs is not realistic. However when you're buying a home you should at least have some sort of ballpark idea of what maintenance costs will be.