(Credit: iStock)

Is it better to rent or to buy? That depends on where you live and whether you think long-term or short-term.

In every state across the country, homeowners with a mortgage pay more per month than renters, but the difference is far more drastic in some than others, according to a CNBC report on U.S. Census data from 2013-2017. The reason behind the finding isn’t clear from the data, but, based on other reports, it likely has to do with increased costs as an owner, including maintenance of a property, insurance and taxes.

The disparity between costs are the highest mostly in the Northeast and the West Coast, but also in Illinois, Minnesota, and Maryland,…