![Top 5 Reasons Owning a Home is More Expensive than Renting Buy,Or,Rent,Property,Concept](https://www.gethomeinsurancequotes.com/blog/wp-content/uploads/2023/05/buying-renting-home-100x100.jpg)
According to research from The Ascent, in 2019, homeowners spent an average of $26,418 per year in housing costs, while renters forked up $17,809 a year. Homeowners must spend an additional $8,609 a year according to the data. Homeowners typically have expenses that renter’s don’t have to cover at all or are less expensive for […]