Rent vs. Buy: Which is Cheaper for You?
The decision to rent or buy a home depends on where you live, and also on your mortgage rate, tax bracket, how long you’ll stay put, and whether you need to pay HOA fees.
Call me shocked… but according to Trulia in the 100 largest metro areas, buying is significantly cheaper than renting. They take a bunch of variables into account (let's face it there are a ton to consider)… also note they did this across a 7 year period so varying times might change things.
Check out their interactive map at the link!