![Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2018/10/04152645/20181005-Share-STM.jpg)
![Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2018/10/04152637/20181005-STM-ENG.jpg)
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.
Source: Kevin Meyer