If black tie events will be a more frequent occurrence with regard to you in the future, that buying a tuxedo is most likely the better option. Renting a complete tuxedo including tuxedo shirt, black bow tie, tuxedo shoes, cummerbund or vest, and the tuxedo itself, will usually cost between $80 and $120. Buying a quality set made from fine wool will range between $400 and $600. Keep in mind that classic tuxedo's won't ever go the actual style. It's very traditional attire that 's been around…