Housing Cost
| Item | Monthly Cost |
|---|---|
| transaction | $125 |
| property insurance | $42 |
| maintenance | $167 |
| property taxes | $83 |
| interest/opportunity cost | $417 |
| TOTAL | $834 |
Table from Can I retire yet
So I guess that says if you can rent something that would sell for $200,000 for $1,500 you are better off as long as you have your money invested some where else.