Global housing rent comparison – what kind of home you can get for US$40,000 per year 

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Find out what kind of home you can get for US$40,000 per year in selected cities around the world. 

Below is a global housing rent comparison list of 15 cities around the world and what you can get for US$40,000 rent per year

1) ZURICH, SWITZERLAND: an 807-square-foot apartment close to the Zurcher Bahnhofstrasse comprising a lounge, a tiny bathroom, bedroom and hall.

2) LONDON, UK: an 850-square-foot apartment in Bayswater, Earls Court, Hampstead Heath, Notting Hill, Marylebone, Regent’s Park, Pimlico, South Kensington and St John’s Wood.

3) NEW YORK, USA: a one-bedroom apartment of up to 999 square feet in Manhattan.

4) SAN FRANCISCO, USA: a one-bedroom apartment of up to 999 square feet.

5) PARIS, FRANCE: a chic two-bedroom apartment measuring about 1,000 square feet on the busy Rue Du Pont Aux Choux in Paris’ Third Arrondissement.

6) DUBAI, UNITED ARAB EMIRATES: a 1,200-square-foot apartment in Downtown Burj Dubai, Dubai Marina, Emirates Living, Discovery Gardens, Jumeirah Lake Towers, and The Palm, Jumeirah.

7) ABU DHABI, UNITED ARAB EMIRATES: a two-bedroom apartment of up to 1,400 square feet in investment zones such a Raha Beach or Reem Island; or a three-bedroom apartment/villa in mainland locations measuring up to 4,500 square feet.

8) DOHA, QATAR: a two-bedroom apartment in prime locations such as Pearl Quarter, West Bay or Diplomatic areas of up to 1,200 square feet.

9) SINGAPORE, SINGAPORE: a 1,200-square-foot apartment in Holland Road, River Valley Road, Orchard Road, and Tanglin Road.

10) WASHINGTON, USA: a two-bed apartment of up to 1,200 square feet in central DC.

11) MOSCOW, RUSSIA: a three-bedroom apartment of up to 1,600 square feet.

12) BEIRUT, LEBANON: a 2,500 square-foot apartment in Gemmayze, Ain El Mreisseh, Ain El Tineh, Clemenceau, Hamra, Manara, Raouche, and Sanayeh, Centre Ville and the new marina (Solidere), Ramlet El Bayda, Verdun, and Saifi.

13) SYDNEY, AUSTRALIA: a two-bedroom apartment in CBD, Paddington, Darling Point, Double Bay, Kirribilli, Rose Bay, Tamarama, Bellevue Hill, Point Piper, Potts Point, and Vaucluse.

14) SAO PAULO, BRAZIL: a three-bedroom apartment in the Vila Olimpia neighbourhood of up to 1,600 square feet.

15) CAPE TOWN, SOUTH AFRICA: a 3,000 square-foot house in Bakoven, Bantry Bay, Camps Bay, Clifton, Fresnaye, Green Point, Mouille Point, Hout Bay, Waterfront, and City Bowl.

Sources including rentcafe.com, globalpropertyguide.com and local real estate brokers, using prices listed in 2016 and 2017.

Source: TheNational

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