Study: San Francisco has the highest rent in the world

KTVU Channel 2 – KTVU Staff – July 07, 2018

Golden gate_1530923858434.jpg_5767431_ver1.0_640_360
Photo: Golden Gate Bridge between San Francisco and (Sausalito) Marin County.

SAN FRANCISCO (KTVU) – San Francisco is astronomically expensive. It’s no secret. But a new study says rents in the West Coast City are actually the highest in the world.

The study by Walletwyse ranked the average rent in 540 cities around the world. It used data from Numbeo, a website that tracks the cost of living in cities worldwide, and released a chart that says San Francisco is more expensive than any other city.

San Francisco owns the top spot with average rent at $3,500. Hamilton, Bermuda comes in second at $3,400 while Manhattan is in third at $3,050. San Jose is fourth at $2,500.

Read entire article here

PS Guess there won’t be enlightened people from all over the world coming to San Francisco with flowers in their hair anymore. This seems like the cost of a hight-tech world.

Posted by Teri Perticone

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