Buying Vs. Renting In the U.S. – Which Is Best?

Today’s chart uses data from Reventure Consulting to highlight the cost of buying vs. renting a single-family residence in the U.S. since 1970, adjusted for inflation.

This post is an edited and abridged version of the original by Bruno Venditti of VisualCapitalist.com

The median rent in America is approximately $1,850 per month, about 30% cheaper than the median cost to buy, standing at $2,700 per month. This gap represents the largest difference between renting and buying in U.S. history.