econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 14 March 2017

Where A Roof Over Your Head Costs The Most


-- this post authored by Niall McCarthy

Renting property in major cities around the world can prove extremely expensive.

A new study from Nested shows the level of annual income a single person would require to rent in 72 prime cities worldwide. It found that many of the very worst cities for renters are American with San Francisco standing out in particular.

The study found that rental costs per square foot in San Francisco come to $4.96 per month with a single tenant needing an annual income of $86,000 to cover his or her rental costs. In New York city, the situation for rentals is also difficult with a single person requiring an income of $82,597 every year to pay the rent. Other U.S. cities high up in the ranking include Washington D.C., Los Angeles and Miami. Hong Kong came third overall with rental costs in the city requiring a healthy annual paycheck of $66,713.

This chart shows the annual income needed for a single person renting in global cities in 2017.

Infographic: Where A Roof Over Your Head Costs The Most | Statista You will find more statistics at Statista.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved