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How Much Does Rent Really Cost?

Did you know that if you are spending just $700 per month in rent that it would add up to $33,000 in just four years for a place to live that isn't even yours!  See the monthly rent table below to see how your rent payments may add up over time.

Monthly CostYear OneYear TwoYear ThreeYear FourYear Five
$500 $6,000  $12,000 $18,000$24,000$30,000
$600 $7,200  $14,400  $21,600$28,800$36,000
$700 $8,400  $16,800  $24,600$33,000$41,400
$800 $9,600  $19,200  $28,800$37,200$45,600
$1,000 $12,000  $24,000  $36,000$48,000$60,000