Culture

How Much is Rent Around the World?

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[Which are the cities with the most expensive rents? What percentage of income is channeled there?]

If the analogy between salary and rent in Athens seems uneven to you, get an idea of what happens in other places of the world. The World Economic Forum published a video with the average monthly rent in cities such as New York, Mexico and Abu Dhabi. If, for example, the rent in Mexico seems cheap to you, you’d be surprised to know that it covers 58% of household income!

Which one is your favorite city and how much would it cost you to stay there? Watch the video below and find out!