San Francisco is expensive — and rents are the highest in the world, study says

It's universally acknowledged that San Francisco is expensive — but are its rents the most expensive in the world?

Yes — according to a new study from financial advice site Walletwyse.

The study took crowd-sourced data from Numbeo, a site that looks at cost-of-living statistics, to find average monthly rent in 540 cities around the world. San Francisco came in first, with an average rent of $3,500. Hamilton, Bermuda, took second with an average rent of $3,400, according to the study.

Gabby Ferreira | The Sacramento Bee

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