- Hong Kong is the world's most expensive city to rent a two-bed apartment in, while San Francisco is the most expensive in the US.
- Four US cities ranked in the top 25 most expensive cities to rent in.
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The 25 most expensive cities around the world to rent a two-bedroom apartment
Deutsche Bank released its annual " Mapping the World's Prices " report, highlighting the average monthly rent for a typical two-bedroom apartment.
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If you're looking to save money on housing, you probably shouldn't live in Hong Kong.
It's home to the world's most expensive rent, according to Deutsche Bank's 2019 edition of its annual " Mapping the World's Prices " report. The report highlights the cost of living in 50 global cities, including the average monthly rent for a typical two-bedroom apartment. To determine this specific data, the report sourced prices from Expatistan , a site that tracks cost-of-living expenses in over 200 countries.
Hong Kong and San Francisco are the only two cities on the list where the average two-bedroom rent exceeds $3,000. San Francisco is one of four US cities that make the list of the top 25 global cities with the most expensive rent, along with New York, Boston, and Chicago.
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Worldwide, rent in Dubai saw the biggest decline from the past year, while rent in Frankfurt, Tokyo, and Zurich saw the biggest rent increases.
Below: See the the most expensive cities in the world to rent a two-bedroom apartment. All monthly average rent is in US dollars, and the percentage change refers to the increase or decrease in rent from 2018 to 2019.
25. Milan, Italy
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Monthly rent: $1,395
Percentage change: 5%
24. Shanghai, China
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Monthly rent: $1,432
Percentage change: 7%
23. Frankfurt, Germany
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Monthly rent: $1,471
Percentage change: 12%
22. Stockholm, Sweden
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Monthly rent: $1,484
Percentage change: -4%
21. Chicago, US
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Monthly rent: $1,527
Percentage change: 7%
20. Auckland, New Zealand
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Monthly rent: $1,533
Percentage change: - 7%
19. Vancouver, Canada
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Monthly rent: $1,556
Percentage change: -3%
18. Dubai, UAE
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Monthly rent: $1,576
Percentage change: -12%
17. Wellington, New Zealand
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Monthly rent: $1,581
Percentage change: -1%
16. Toronto, Canada
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Monthly rent: $1,602
Percentage change: 7%
15. Helsinki, Finland
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Monthly rent: $1,612
Percentage change: -7%
14. Oslo, Norway
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Monthly rent: $1,808
Percentage change: -7%
13. Copenhagen, Denmark
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Monthly rent: $1,809
Percentage change: -2%
12. Amsterdam, Netherlands
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Monthly rent: $1,854
Percentage change: -1%
11. Singapore
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Monthly rent: $1,893
Percentage change: -4%
10. Tokyo, Japan
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Monthly rent: $1,903
Percentage change: 9%
9. Sydney, Australia
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Monthly rent: $1,969
Percentage change: -4%
8. Dublin, Ireland
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Monthly rent: $2,018
Percentage change: -1%
7. Boston, US
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Monthly rent: $2,201
Percentage change: 2%
6. London, UK
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Monthly rent: $2,338
Percentage change: -3%
5. Paris, France
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Monthly rent: $2,455
Percentage change: -1%
4. Zurich, Switzerland
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Monthly rent: $2,538
Percentage change: 9%
3. New York City, US
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Monthly rent: $2,909
Percentage change: 2%
2. San Francisco, US
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Monthly rent: $3,631
Percentage change: -1%
1. Hong Kong
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Monthly rent: $3,685
Percentage change: -1%
See Also:
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