The Most Expensive Cities In The World For Renters

New York and London are cities renowned for their high property prices and cost of living. A recent report by Nested has revealed that while New York is indeed the second most expensive city for renters at £3.81 ($4.75) per square foot, London's living space is comparatively low-cost with an average of £2.30 ($2.87). U.S. cities dominate the pricey end of the list, with San Francisco, Los Angeles and Miami also making the top 12.