I'm cheap and going down the rabbit hole of portable generators with inverters built in. In Houston, outside of the winter storm the big concern is only wind events from a hurricane or a random tornado and the transmission service being down.
If going the portable generator route and dealing with outages you have to decide what you want to power. For us the two immediate concerns are the fridge and the garage freezer. If power will be out, you can bet grocery stores will be a nightmare and there's no point in allowing your frozen foods to rot.
They're relatively low draw, but you have to start adding up watts to figure out what you need. After that, it's a matter of what else you want running. The AC during the hot summer would be next, but they draw a lot of power and they also take nearly double to get the compressor's running. This generally is outside the watt/amps of an inverter portable. HOWEVER, from these threads I discovered you can add a capacitor to your ac compressor which will lighten the startup load (called an easy start), and will be based on the tonnage of your AC, god forbid you have more than one. So those would be our main 3 items we'd want to run on a portable.
After that it's just the cost of fuel on hand and wiring the generator into the house and determining if there's any spare 'room' at everything running at max, to power any other circuits in the home.
If you want everything and no change in lifestyle, you really need a home system like a generac. But they are expensive, may not be used and they stay with the house. Portable, you can use it for other items, but have to keep fuel on hand and do monthly maintenance and probably go outside to start them/add fuel etc...
With the Honda's, you can also put them in parallel and double your capacity on the same circuits and power more, or turn one off to save gas if you don't need the power. For us, it's a matter of what can we not live without, and that's quite a few things that can have much cheaper alternatives (candles, camping lights etc...). We have nat gas for cooking, plus propane camping stuff as well. It's all just tradeoffs if you're trying to do it on a budget.
The other item I'm toying with is running a 2nd very simple circuit through the house. Use a smaller generator to power it that would fire up the living room entertainment and have an outlet in the bedroom. Yes, you'd have to unplug, replug into a different outlet to run it, but it would be completely independent of the house and very DIY, more so if you have a 1 story house like we do. Then have a solar power plant run it.
aTm '99