New York City is the No.
10 city where homeowners are paying more than renters, according to a May SmartAsset report.
The report assessed the difference in monthly costs between owning a home and renting in 343 cities with a population of over 100,000 people.
In the top two cities, Berkeley and California, owning costs are up to $2,000 or more per month compared to renting.
Homeowners in these areas often pay twice as much as renters, the report states.
Organizations:
New, Survey
Locations:
U.S, New York City, California, Berkeley