The decision to rent or buy is very dependent on inflation and future tax laws, which are hard to predict. Nevertheless, this New York Times rent vs. buy calcul

The decision to rent or buy is very dependent on inflation and future tax laws, which are hard to predict. Nevertheless, this New York Times rent vs. buy calculator is useful: http://www.nytimes.com/interactive/business/buy-rent-calculator.html http://www.nytimes.com/interactive/business/buy-rent-calcula... Make sure to adjust the "advanced settings" to fit your circumstances, because they can make a significant difference.