- Avil Soleiman
Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]
![Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC] | Simplifying The Market](https://static.wixstatic.com/media/a54a47_b15d336db8d3478ca390a8ada8cc30a7~mv2.jpg/v1/fill/w_1000,h_1294,al_c,q_90,usm_0.66_1.00_0.01/a54a47_b15d336db8d3478ca390a8ada8cc30a7~mv2.jpg)
Some Highlights:
The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent.
Buying costs are significantly less than renting costs.
The percentage of income needed to afford a median priced home is less than the historic norm.
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