Life in Montecito Costs More Than a Six‑Figure Salary

Meghan and Harry moved to Montecito after leaving the palace, choosing a neighborhood where houses often sell for over six million dollars. They now face high living costs that strain their finances. A source told a news outlet that the couple needs about six million dollars each year to pay their bills. Their expenses include a mortgage on a fifteen‑million‑dollar home and roughly three million dollars for private security. The financial burden is mainly on Meghan, who is described as the primary earner for the family.She earns money through several ventures: a streaming partnership, her lifestyle brand, public speaking gigs, and an investment in an AI fashion platform. Her husband’s background is different; he grew up with wealth that was largely inherited from his mother and great‑grandmother. He has said he views that money as a resource for their children rather than a source of personal income. An insider reports that the inheritance was spent on the house and legal fees, leaving the couple unhappy. Despite the costs, Meghan says she enjoys working because it keeps her motivated and helps pay the bills.