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Total costs after 14 years
Buying is $15,536 less than renting
| Rent | Buy | |
|---|---|---|
| Initial costs | $24,000 | $60,009 |
| Recurring costs | $412,532 | $613,725 |
| Opportunity costs | $208,164 | $358,438 |
| Net proceeds | -$24,000 | -$434,292 |
| Total (Inflation adjusted) | $422,664 | $407,128 |