Did you know that the average American spends around $330,000 on rent before pucarchasing their first home? According to a report by Fortune, this estimate covers rent, utilities, and related expenses over about 13 years, typically from the ages of 22 to 35.

Of course, these numbers can differ depending on where you live. For instance, in states like Hawaii, the total cost can exceed $600,000. while in places like Texas, renters spend significantly less, staying below the national average.

Thought this was interesting data point worth sharing!