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But is buying a home always the best choice for yourwealth?
With owning a home, youve got to navigate a number of hefty expenses.
These are the top 15 cities in Californiawhere renting is indeed cheaper than owning.
Laguna Beach
14.
Los Gatos
13.
Kentfield
12.
Menlo Park
11.
Tiburon
10.
Burlingame
9.
Rancho Santa Fe
8.
Cupertino
7.
Del Mar
6.
Montecito
5.
Los Altos
4.
Newport Beach
3.
Palo Alto
2.
Saratoga
1.
The cities with a lower average rental cost than average mortgage were kept for this study.
Using this data the percentage of the population ages 65 and over can be calculated.
The livability index was sourced from AreaVibes for each location and included as supplemental information.
All data was collected on and is up to date as of Feb. 19, 2025.
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