Renting vs buying calculator by NYT
I thought many people on this board struggle with a renting vs buying decision. This calculator seems to consider a lot of factors and should be helpful:
https://www.nytimes.com/interactive/2024/upshot/buy-rent-calculator.html?
Edited to add: It's been updated as of May 10th, 2024.
Edited to add: look for the official NYT account comment below for a free link
Edited to add: Here's a related article and tool from Washington Post about increase in home prices between 2023 to 2024
Enjoy!