Buying a Home is Cheaper Than Renting in 38 States

Real Estate

Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC]

Some Highlights:
According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country.
In six states the difference between buying & renting would account for less than a $50 monthly difference, leaving the choice up to the individual family.
Nationwide, it is now 26.3% cheaper to buy.