The 19 most expensive cities in the world to rent
Feb. 18, 2017, Perhaps unsurprisingly, New York City features high on the list.
The cost of renting a property in some of the biggest cities in the world has been laid bare in the 2017 Rental Affordability Index.
The report from Nested, a UK startup that helps people sell their house, looks at the cost of renting — per square foot — in 72 cities worldwide, as well as what salary is required to foot the rental bill.
Nested works out these costs for both a single individual and a family of four.
From Sydney to Singapore, scroll on to see the 19 most expensive cities in the world to rent a property
19. Melbourne, Australia
Rent per square foot: £1.69
Monthly rent for a single person: £709.02
Annual income needed for a single person: £29,338.80
Monthly rent for a family: £1,345.32
Annual income needed for a family: £55,668.36
18. Paris, France
Rent per square foot: £1.76
Monthly rent for a single person: £738.27
Annual income needed for a single person: £30,549.12
Monthly rent for a family: £1,400.82
Annual income needed for a family: £57,964.92
17. Amsterdam, Netherlands
Rent per square foot: £1.82
Monthly rent for a single person: £762.06
Annual income needed for a single person: £31,533.48
Monthly rent for a family: £1,445.96
Annual income needed for a family: £59,832.84
16. Vancouver, Canada
Rent per square foot: £1.82
Monthly rent for a single person: £780
Annual income needed for a single person: £32,275.92
Monthly rent for a family: £1,480.00
Annual income needed for a family: £61,241.40
15. Tokyo, Japan
Rent per square foot: £1.88
Monthly rent for a single person: £787.80
Annual income needed for a single person: £32,598.60
Monthly rent for a family: £1,494.80
Rent per square foot: £1.90
Monthly rent for a single person: £795.60
Annual income needed for a single person: £32,921.40
Monthly rent for a family: £1,509.60
Annual income needed for a family: £62,466.24
13. Chicago, USA
Rent per square foot: £2
Monthly rent for a single person: £839.28
Annual income needed for a single person: £34,728.84
Monthly rent for a family: £1,592.48
Annual income needed for a family: £65,895.72
12. Miami, USA
Rent per square foot: £2.28
Monthly rent for a single person: £956.67
Annual income needed for a single person: £39,586.32
Monthly rent for a family: £1,815.22
Annual income needed for a family: £75,112.56
11. London, UK
Rent per square foot: £2.30
Monthly rent for a single person: £963.69
Annual income needed for a single person: £39,876.84
Monthly rent for a family: £1,828.54
Annual income needed for a family: £75,663.72
10. Los Angeles, USA
Rent per square foot: £2.30
Monthly rent for a single person: £965.25
Annual income needed for a single person: £39,941.40
Monthly rent for a family: £1,831.50
Annual income needed for a family: £75,786.24
9. Zurich, Switzerland
Rent per square foot: £2.34
Monthly rent for a single person: £982.41
Annual income needed for a single person: £40,651.44
Monthly rent for a family: £1,864.06
Annual income needed for a family: £77,133.48
8. Sydney, Australia
Rent per square foot: £2.35
Monthly rent for a single person: £986.70
Annual income needed for a single person: £40,828.92
Monthly rent for a family: £1,872.20
Annual income needed for a family: £77,470.32
7. Geneva, Switzerland
Shutterstock
Rent per square foot: £2.48
Monthly rent for a single person: £1,039.74
Annual income needed for a single person: £43,023.72
Monthly rent for a family: £1,972.84
Annual income needed for a family: £81,634.80
6. Washington D.C., USA
Rent per square foot: £2.67
Monthly rent for a single person: £1,120.47
Annual income needed for a single person: £46,364.28
Monthly rent for a family: £2,126.02
Annual income needed for a family: £87,973.20
5. Singapore, Singapore
Rent per square foot: £2.68
Monthly rent for a single person: £1,124.76
Annual income needed for a single person: £46,541.76
Monthly rent for a family: £2,134.16
Annual income needed for a family: £88,310.04
4. Dubai, UAE
Alex Lawrie (Lawrie Cornish)
Rent per square foot: £2.83
Monthly rent for a single person: £1,189.11
Annual income needed for a single person: £49,204.56
Monthly rent for a family: £2,256.26
Annual income needed for a family: £93,362.52
3. Hong Kong, Hong Kong
Rent per square foot: £3.08
Monthly rent for a single person: £1,292.46
Annual income needed for a single person: £53,481.12
Monthly rent for a family: £2,452.36
Annual income needed for a family: £101,476.92
2. New York City, USA
Rent per square foot: £3.81
Monthly rent for a single person: £1,600.17
Annual income needed for a single person: £66,213.96
Monthly rent for a family: £3,036.22
Annual income needed for a family: £125,636.64
1. San Francisco, USA
Rent per square foot: £3.98
Monthly rent for a single person: £1,669.59
Annual income needed for a single person: £69,086.52
Monthly rent for a family: £3,167.94
Annual income needed for a family: £131,087.16
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