No, it is around...a third where I live maybe? Or maybe a 4th of what rent would be like. But I can always sell/downsize and retire to somewhere with cheaper property taxes, which is something I couldn't do renting. Rents don't do that.

But watch the rent to home price ratio. There is definitely a point where renting just makes more sense, like when I was paying $1000/month on something that the landlord was trying to sell for a $1 million. Ya, buying in that case would be purely for speculation.