The cost of a home varies a lot more between metro areas than rent does. Similar rentals vary about 4x between the most expensive and least expensive metro are

The cost of a home varies a lot more between metro areas than rent does. Similar rentals vary about 4x between the most expensive and least expensive metro areas; home prices vary more than 10x between the most and least expensive metro areas. (Both vary even more between particularly expensive and inexpensive neighborhoods - the numbers are metro area averages).