The commercial property company CBRE has released its Global Living Report 2016, which reveals the most expensive cities in the world to rent a property.
To determine the findings of its second annual report, CBRE analysed the property market in 35 large global cities, looking at the average monthly rent for a two-bedroom apartment in each, as well as the cost of other living expenses including basic utilities (such as electricity and heating), petrol, a gallon of milk, and dining out.
Of the 35 cities included in the study, here are the 10 most expensive places to rent.
10. Miami — £1,420
9. Hong Kong — £1,490
8. Dubai — £1,642
7. Milan — £1,737
6. New York City — £1,841
5. Rome — £1,898
4. Los Angeles — £1,933
3. Abu Dhabi — £1,944
2. London — £2,136
1. Singapore — £2,250
Tax saving guides – Property, Inheritance, Income
Save £1000s on your mortgage
Save over £500 on Gas and Electric
Free Unlimited Broadband