DKII on 19 June 2007
Costs of buying: Mortgage interest, maintenance, higher utilities, property taxes.
Costs of renting: Rent
Rent is usually higher than the total costs of buying, but you usually don't have to spend nearly as much time maintaining the place (no mowing the lawn, painting the outside, etc.). So depends on how busy/lazy you are and what your preferences and the actual price differences are. ;)
