Infographic: Rent Prices Across the U.S.

Rising Rent across the U.S. Infographic header

As the economy fluctuates, living expenses often follow suit. According to the Department of Labor via Marketwatch, rent price increases have been outpacing increases to the rest of the consumer price index for over 3 years now. What do rising rents mean for you?

U.S. rent infographic

Getting the most house for your money is tough if your money can’t get you out of a studio apartment! If that’s the case where you live, and if you’re exploring other options like relocation, do your homework before making the move — you might find that your new town isn’t much more affordable than the last one.

Where in the U.S. are rents the highest… and climbing? Check out this infographic to find out.

25 cities rent infographic

Ok, so rent is expensive. You might think buying a home would be even more expensive, and you’d be right about the upfront costs — but on a monthly basis, mortgages are frequently lower than rents. You may need to scrimp and even borrow to make the down payment, but this next infographic shows that it could be worth it in the long term.

Rent vs. Mortgate Infographic

In 2015, the great debate of rent vs. own came down to owning as the cheaper long-term option — that is, if you could muster up the down payment.

Do you rent or own? If you don’t own a house, would you like to someday? Let us know in the comments!

Lucy Todd

Author Lucy Todd

Lucy Todd is the Chief Process Officer at Killer Visual Strategies. She is a Seattle native and Western Washington University graduate. Her degree in Creative Writing and her customer service background both inform her work daily. A Killer employee since 2011 and executive since 2014, Lucy has researched for, written, and/or project-managed over 4,000 projects for the company, affording her key insight into our processes and projects. This experience is invaluable in allowing her to lead and empower Killer’s content and project management teams to success. Lucy enjoys managing the day-to-day at the office, offering a unique perspective when a team or colleague feels stuck, and learning from her peers and clients each day.

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