on May 20, 2016 in First Time Homebuyers, For Buyers, Infographics, Move-Up Buyers
![Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC] | Keeping Current Matterss](http://www.keepingcurrentmatters.com/wp-content/uploads/2016/05/Rent-vs.-Buy-KCM.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.