Yes and they’re still much lower than buying an equivalent place. I’ve looked. Almost twice as much for a mortgage of a similar space for what I rent right now after putting 20% down. Only reason it makes sense to buy is if you really plan to keep the place for decades.

That's because real estate is notoriously high.

Also, if you're buying in NYC you WILL get recurring and increasing monthly costs.

That $800/month HOA? Yeah, it's not gonna be $800 in 5 years.

Buying is not the same everywhere.