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America is swept up in tiny-house fever — here's how much it'll actually cost to build one of your own

Tiny house
Tiny-house building costs can vary widely based on several factors. Lowphoto/Shutterstock
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Tiny houses are having a moment.

They're minimalist, portable, and environmentally friendly — and people are jumping on the lifestyle.

If you want a tiny house of your own, you can either buy one — the median cost for one in the US is $59,884, according to The Spruce — or build one, which is typically cheaper.

Read more: Here's what living in a tiny house is really like, according to people who traded their homes for minimalism

So how much does it cost to build a tiny house? Well, that depends. Some tiny-house dwellers built their abode for less than $10,000, while others spend upwards of $30,000.

It really all comes down to location, housing materials, and labor. Here are the general rules of thumb when it comes to setting a realistic budget for your tiny house.

Read more: Moving into a tiny house helped one 35-year-old increase his income and save $100,000 in 5 years — here's how he did it

The cost of building a tiny house is about $300 per square foot, Zack Giffin, the host of the TV show "Tiny House Nation," told Apartment Therapy in 2016.

tinyhouse
Ariel Celeste Photography/Shutterstock

That's more expensive than the median price per square foot of a house in the US in 2016, $101.72, per Apartment Therapy.

Ryan Fitzgerald, the owner of Raleigh Realty, told Reader's Digest you should budget at least $65,000 to build a tiny house — but others have spent way less than that.

tiny house
Nicolás Boullosa/Flickr

Source: Reader's Digest

Deirdre Sullivan of the home-living website The Spruce interviewed seven first-time tiny-house builders. Their costs ranged from $12,000 to $35,000.

tiny house
ppa/Shutterstock

Of course, the higher end of that range can go way up if you opt to live the tiny life in luxury.

Source: The Spruce

Ryan Mitchell of the website The Tiny Life previously told Business Insider it cost about $30,000 to build his 150-square-foot tiny house, including solar panels. "Even after accounting for the cost of the house," he said, "I've saved over $100,000 going tiny."

ryan mitchell
Courtesy of Ryan Mitchell

But it's possible to build a tiny house for less than $10,000. One couple told Tiny House Build that they shelled out just $8,000 to build their 24-foot-long, 8-foot-wide, 13-foot-tall house.

tiny home
This isn't the couple's tiny house. Nicolás Boullosa/Flickr

Source: Tiny House Build

And Teri Page of Homestead Honey said she built her 348-square-foot house for $8,270, though her neighbor's 120-square-foot house cost $21,200 to build. The key difference was that her neighbor hired laborers.

tiny cabin
Page's house isn't pictured. ppa/Shutterstock

Ultimately, the cost of building a tiny house depends on several factors, from plans and materials to location and labor. Here's what to expect.

tiny home
Nicolás Boullosa/Flickr

Permits: Fees for local building permits depend on where you're building but can cost as little as a few hundred to as much as thousands of dollars.

tiny house
Nicolás Boullosa/Flickr

"Rural areas usually have more lenient laws, so choosing rural areas may save you money," Rachel Preston Prinz, who runs an architectural firm, told Reader's Digest. "But what you save here might get eaten up on connecting to the utilities' grid."

Source: Realtor.com

Materials: Building materials involve everything from lumber and roofing to doors and windows. Mitchell said materials make up 80% of building costs.

tiny houses
Nicolás Boullosa/Flickr

Fitzgerald told Reader's Digest that you might be spending $25,000 on building materials, but Page said she spent only $7,800.

Most tiny houses begin with a trailer. Mitchell wrote on The Tiny Life that his trailer cost $3,600, but Reader's Digest said it could cost as much as $35,000.

Here's a breakdown of some key estimated costs of the actual home itself, according to The Spruce and The Tiny Life:

  • Windows and doors: $1,000 to $6,000
  • Lumber: $1,000 to $10,000
  • Roofing: $500 to $2,000
  • Flooring: $300 to $2,000

Source: Realtor.com

Insulation: Mitchell recommended closed-cell spray foam, which costs about $3 per square foot for 3-inch-thick foam, and said that costs overall can range from $500 to $3,000.

tiny house
Paul VanDerWerf/Flickr

One tiny-house owner told Realtor.com he spent $1,500 to insulate 200 square feet.

Source: The Tiny Life

Electricity and plumbing: The cost depends on whether your tiny house is on or off the grid, as well as whether you hire out the labor, which is required by law in many locations.

tiny house
A tiny home in California. Nicolás Boullosa/Flickr

Owners of tiny houses may spend about $1,000 on plumbing and $300 on wiring, while solar panels can cost about $3,500 to install, according to Realtor.com.

However, Mitchell estimated that the total cost of both ranged from $750 to $3,000.

Labor: Building costs really come down to who's behind the labor. According to Mitchell, the average tiny house costs between $10,000 and $30,000 to build yourself, and twice that if you hire someone to build it for you.

tiny house building
Nicolás Boullosa/Flickr

Page said that her husband built much of their house but that her neighbor hired laborers for $15 an hour, costing a total of $7,000.

Source: The Tiny Life

But you can also compromise by buying a tiny-house shell — a finished exterior with an unfinished interior — and personalizing it. A standard shell at Tiny Home Builders ranges from $27,000 for a 12-foot house to $36,000 for a 28-foot house.

tiny house
Lowphoto/Shutterstock

That's without things like electrical wiring, plumbing, and dormers (sloped roofs that create extra space).

Source: Tiny Home Builders

And don't forget to check Amazon, which also sells tiny-home kits that range from $5,000 to $19,000 and take eight hours to two days to build.

amazon tiny house
Allwood Outlet

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Hillary focuses on the intersection of youth culture and wealth, reporting on the lifestyles and economics of millennials and Gen Z. She covers trends in how these generations are living and spending and examines how the economy is shaping them and their financial behaviors.  She also reports on consumer spending and New York City's economy, and previously wrote about the ultrarich and personal finance at Insider before joining its economy team. Basically, she's written about money from every angle you can imagine. Inside the epicenter of America's Great Resignation: Kentuckians lay out the 4 forces driving the state's labor shortage — and explain why it's here to stay Millennial New Yorkers are ditching basements and roommates for luxury apartments at $1,000-plus discounts The world's youngest self-made billionaire hopes to power every future self-driving car with a technology that Elon Musk says is 'doomed' Tiffany and the Trumps: Insiders describe how the president's younger daughter has charted what they say is a distant relationship with her father and come to terms with having America's most divisive last name Inside the French Riviera's pandemic party problem Yachting insiders detail the rampant sexual harassment aboard million-dollar ships, where crew members are promised a glamorous lifestyle and can instead find themselves trapped at sea with no one to turn to Millennials came limping out of the Great Recession with massive student debt and crippled finances. Here's what the generation is up against if the coronavirus triggers another recession.