First home buyers saving more despite soaring costs

Nearly 90 per cent of wannabe home buyers are at least a little stressed about saving for a deposit. (Dan Himbrechts/AAP PHOTOS) (AAP)

Prospective first-home buyers are squirrelling away more than last year to put towards a deposit despite soaring rents and sky-high consumer prices.

Comparison site Canstar analysis shows thrifty households have managed to bank about 13 per cent more each month than last year, or $188 a month, to put towards their first home.