Photographs: Adeel Halim/Reuters
Knight Frank LLP, an international property consultancy, recently conducted a study on how many years worth of earnings would it take for an average citizen to buy a 100-square-metre luxury or a high-end apartment in the world's most important cities. These numbers are according to an analysis of real estate and wages.
So, find out which are the least affordable cities in the world.
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Mumbai is the world's most expensive city
Photographs: Punit Paranjpe/Reuters
Mumbai
Ranking: 1
Number of years an average citizen would take to buy a luxury apartment: 308.1
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Mumbai is the world's most expensive city
Photographs: Shanghai Pacific Institute for International Strategy/Handout/Reuters
Shanghai
Ranking: 2
Number of years an average citizen would take to buy a luxury apartment: 233.3
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Mumbai is the world's most expensive city
Photographs: /Mikhail Voskresensky/Reuters
Moscow
Ranking: 3
Number of years an average citizen would take to buy a luxury apartment: 143.7
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Mumbai is the world's most expensive city
Photographs: Stefan Wermuth/Reuters
London
Ranking: 4
Number of years an average citizen would take to buy a luxury apartment: 136.2
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Mumbai is the world's most expensive city
Photographs: Reuters
Hong Kong
Ranking: 5
Number of years an average citizen would take to buy a luxury apartment: 96.4
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Mumbai is the world's most expensive city
Photographs: Gonzalo Fuentes/Reuters
Paris
Ranking: 6
Number of years an average citizen would take to buy a luxury apartment: 77.7
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Mumbai is the world's most expensive city
Photographs: Reuters
Geneva
Ranking: 7
Number of years an average citizen would take to buy a luxury apartment: 73.5
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Mumbai is the world's most expensive city
Photographs: Chaiwat Subprasom/Reuters
Bangkok
Ranking: 8
Number of years an average citizen would take to buy a luxury apartment: 67
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Mumbai is the world's most expensive city
Photographs: Supri/Reuters
Jakarta
Ranking: 9
Number of years an average citizen would take to buy a luxury apartment: 61.7
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Mumbai is the world's most expensive city
Photographs: Alessandro Bianchi/Reuters
Rome
Ranking: 10
Number of years an average citizen would take to buy a luxury apartment: 60.1
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Mumbai is the world's most expensive city
Photographs: Daniel Munoz/Reuters
Sydney
Ranking: 11
Number of years an average citizen would take to buy a luxury apartment: 54.9
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Mumbai is the world's most expensive city
Photographs: Mark Wessels/Reuters
Cape Town
Ranking: 12
Number of years an average citizen would take to buy a luxury apartment: 54.6
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Mumbai is the world's most expensive city
Photographs: Lucas Jackson/Reuters
New York (Manhattan)
Ranking: 13
Number of years an average citizen would take to buy a luxury apartment: 48.4
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Mumbai is the world's most expensive city
Photographs: Reuters
Singapore
Ranking: 14
Number of years an average citizen would take to buy a luxury apartment: 42.7
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