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The INSIDER Summary:
- A new report shows how much it costs to rent a one-bedroom apartment in the world's 30 leading financial centers.
- Of those 30 cities, Casablanca is the cheapest place to rent, with the average cost being $820/month.
- New York City is the most expensive, with the average rent priced at $3,680/month.
Millennials so badly want to live in cities that some have resorted to living in vans, shipping containers, and even a crate in someone else's living room to save money on rent.
A new report from RENTCafé showing the cost of rent for a one-bedroom apartment in the world's 30 leading financial centers proves just how expensive living in a big city can be.
Analysts at the apartment-listing site sifted through global housing market data to find the average monthly rent for a one-bedroom abode, measuring between 600 and 999 square feet.
Here are their findings, ranked from the least to most expensive.
30. Casablanca, Morocco
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Average cost of rent: $820/month
29. Montreal, Canada
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Average cost of rent: $850/month
28. Taipei, Taiwan
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Average cost of rent: $910/month
See the rest of the story at Business Insider
