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SAN FRANCISCO, CA – JULY 4: Residential homes line a street in the Mission neighborhood near Delores Park as typical summer fog rolls on July 4, 2014 in San Francisco, California. (Photo by Sean Gallup / Getty Images)
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SAN FRANCISCO (KRON) – We all know San Francisco is expensive, but a new study indicates that the rent in the city is actually the highest in the world.
According to a Walletwyse study, the average rent in San Francisco is $ 3,500.
The study used data from Numbeo, a website that tracks the cost of living in cities around the world, to rank the average rent in 540 cities worldwide, from the lowest to the highest and in color code by region. ranked number 2 with an average rent of $ 3,400 and Manhattan took third place at $ 3,050.
Two other cities in the Bay Area became very high on the list.
San Jose comes in fourth with an average rent of $ 2,500.
Oakland (California) ranks fifth, tied with Hong Kong, China, with a rent of $ 2,450.
Berkeley came in sixth, with Boston, Massachusetts, at $ 2,400.
Now, in which cities do people pay the least?
Mysore and Vadodara – both in India – as well as Valenzuela, Philippines took this honor, with rents of $ 100.
The cheapest American city is Springfield, Missouri, where the rent is $ 550
To see the full list, click here
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