These are the most and least expensive rent prices around the world: report

Jul 30 2020, 10:11 am

Have you ever wondered what it would cost you to live in different cities around the world? Well, a new report by Purely Diamonds has looked into this for you.

The company has compiled several lists that look all different criteria that is crucial when relocating.

If you’re guessing New York City tops this list, you are correct. In fact, several US cities have the most expensive places to rent, according to the report.

These are the top 10 most expensive cities around the world for renting (Canadian dollars):

  1. New York City – $8452.63
  2. Los Angeles – $3,840.07
  3. Venice – $5941.33
  4. Las Vegas – $5380.15
  5. Miami – $5272.43
  6. Singapore – $4960.57
  7. London – $4828.17
  8. Amsterdam – $4700.52
  9. Orlando – $4691.73
  10. Dubai – $4623.28

So if you’ve ever dreamed of living in New York City start saving.

If these rent prices scare you, don’t worry.

Here is a list of the top 10 cheapest cities around the world for renting:

  1. Ho Chi Minh – $609.44
  2. Delhi – $627.97
  3. Chennai – $673.74
  4. Istanbul – $720.29
  5. Mumbai – $840.28
  6. Bangkok – $1090.69
  7. Athens – $1315.06
  8. Kuala Lumpur – $1492.07
  9. Guangzhou – $1551.32
  10. Shenzhen – $1830.72

A three-bedroom apartment in the top spot for the cheapest city in the world costs on average $609.44 per month.

Now if you’re a commuter, it is probably important to look at the top 10 cities ranked by cheapest monthly tickets. So, here’s the list:

  1. Mumbai – $7.02
  2. Ho Chi Minh City – 10.61
  3. Chennai – $20.07
  4. Delhi – $20.07
  5. Shenzhen – $31.84
  6. Guangzhou – $31.84
  7. Prague – 32.05
  8. Kuala Lumpur – $34.18
  9. Shanghai – $42.46
  10. Istanbul – $47.28

There you have it, Mumbai came out as the top cheapest city to commute, according to Purely Diamonds. In spot number 7, Prague’s commute costs are around 7 times chapter than London’s average monthly commute. Prague also topped the list as the city with the most green space.

 

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