Rent vs. Buy
Do You Know How Much You Pay?
| Monthly Rent | Total Amount of Rent You Will Pay Assuming 5% Annual Inflation Rate: | ||||
|---|---|---|---|---|---|
| 3 Years | 5 Years | 10 Years | 20 Years | 30 Years | |
| $700 | $26,481 | $46,415 | $105,654 | $277,754 | $558,086 |
| $800 | $30,264 | $53,046 | $120,748 | $317,433 | $637,813 |
| $900 | $34,047 | $59,677 | $135,841 | $357,112 | $717,540 |
| $1,000 | $37,830 | $66,308 | $150,935 | $396,791 | $797,266 |
| $1,100 | $41,613 | $72,938 | $166,028 | $436,471 | $876,993 |
| $1,200 | $45,396 | $79,569 | $181,122 | $476,150 | $956,719 |
| $1,300 | $49,179 | $86,200 | $196,215 | $515,829 | $1,036,446 |