In its basic form condo living can be more economical than owning a house. Smaller living space and lower utility costs are just some of the financial benefits.
The cost of building management and amenities can make condo living more expensive.
Property management and security services, while necessary, can be expensive. In these and other areas there are a range of offerings to consider.
More services, and more personal services, can significantly add to the cost of condo living.