Across the world’s major cities, it’s a well-known fact that renting property can prove extraordinarily expensive. A new study from Nested has shed light on the average annual income required for a single person to rent accommodation in 72 cities worldwide. Interestingly, many of the worst cities for renters can be found in the United States with costs especially high in San Francisco and New York. Nested found that a single tenant in San Francisco would need an annual average income of $86,000 to cover his or her rental costs every year.

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