Renewal time
Stay with the increase, or move?
Your rent's going up at renewal. Moving somewhere cheaper lowers the rent, while the deposit and moving costs work the other way. Here's the first-year math, side by side.
This counts dollars, not everything. A move has costs the math can't see — the hassle, the risk of a worse place, a longer commute — and upsides it can't either. And note: after year one the move costs are behind you, so a cheaper rent keeps saving. Use the number as one input, not the whole decision.
You entered these numbers; this compares the first 12 months only. Estimates, not guarantees.
Zowly is a financial calculation and education tool, not a financial advisor.