There’s an age-old debate about whether owning or renting a home is cheaper. When you factor in your hierarchy of needs, it doesn’t make much sense to spend all of your money on shelter if it means you won’t be able to afford food. Whether it’s paying rent each month or figuring out a mortgage payment, there’s no way around the fact that either option comes with quite a few costs to consider. Read Next: I’m a Real Estate Agent: 7 Places To Avoid Buying a House in 2026 Find Out: How Middle-Class Earners Are ...