{"id":50374,"date":"2017-03-25T03:32:37","date_gmt":"2017-03-25T10:32:37","guid":{"rendered":"http:\/\/www.rentcafe.com\/blog\/?p=50374"},"modified":"2026-01-15T00:27:18","modified_gmt":"2026-01-15T08:27:18","slug":"renting-in-the-top-financial-centers-of-the-world","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/renting-in-the-top-financial-centers-of-the-world\/","title":{"rendered":"Top Financial Centers of the World: How Do Their Rents Measure Up to Their Reputation?"},"content":{"rendered":"
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Article featured on: CBC<\/a>, Expat.com<\/a>, Daily Hive<\/a><\/b><\/p>\n<\/div>\n<\/div>\n

Living in one of the world’s financial hubs means getting access to top-notch cultural attractions and entertainment, a varied job market, and \u2014 naturally! \u2014 expensive lifestyles. This is what sets apart financial core cities like New York from large cities like Atlanta<\/a>, Las Vegas<\/a>, or Miami<\/a>. But how expensive really? This is what we here at RentCafe<\/a> set out to uncover when we compiled this study on what it costs to rent in the world’s top financial cities<\/strong> and how these urban hubs compare to each other when it comes to monthly rental costs. And we\u2019re ready to let you browse through our findings!<\/p>\n

But first, what do the top 30 global financial powerhouses look like? Luckily, The\u00a0Z\/Yen Group<\/a> regularly evaluates the world\u2019s largest cities by factors like competitiveness and transaction volume, so it\u2019s enough to check out the Global Financial Centres Index<\/a> (GFCI), which they publish twice a year. Based on the most recent edition, these are the top 30 financial centers of the world<\/strong>:<\/p>\n

\"top.financial.cities.TABLE\"So, now that we have a shortlist of the most powerful cities from this point of view, all that’s left is to check out their rents. For this, RentCafe’s analysts summed up the average rents for one-bedroom apartments between 600 and 999 square feet (55 to 85 square meters) in each of these 30 cities, based on housing market data from various sources. These include Yardi Matrix<\/a> in the case of U.S. cities, Point2Homes<\/a>\u00a0for Canada and\u00a0Global Property Guide<\/a> for most international markets. (See the methodology<\/a> for exceptions and other details).
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\nYou can\u2019t really go wrong with any of these, as all 30 of them offer a highly competitive environment with plenty of jobs in the financial sector. But while they are similar in this regard, their rent prices differ wildly. However, this is good news because it means there are a few cities that despite being among the top-performing financial centers of the world, have relatively small rents.<\/p>\n

The size of the tiles representing the world\u2019s top financial centers in the interactive infographic below is proportional to their respective rent prices. Tap or hover your mouse over the tiles to see the average rents in US Dollars:<\/strong>
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