I have raved about this calculator before and will do it again but the New York Times did an incredible job on this rent vs own calculator. I have used it personally to decide whether to rent or buy our own living quarters (we currently rent) and would highly recommend it for others.
Of course, some will argue that there are things not factored into this equation such as the feeling and stability of owning the property you live in. There is a valid point to this.
Updated/Aktualizováno: July 22, 2014,