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Rents are a big expenditure both for citizens and expatriates.
Here we take a look at sky-high rents expats pay in major cities, according to The Economist.
NOTE: Rents are for three-bedroom unfurnished apartments.
Click NEXT to see how much expats pay in Mumbai...
Mumbai
Rent per month: $5,000
Change on a year earlier: 10 per cent
Global ranking: 13
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Hong Kong
Rent per month: $11,800
Change on a year earlier: 15 per cent
Global ranking: 1
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Tokyo
Rent per month: $9,500
Change on a year earlier: 6 per cent
Global ranking: 2
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Moscow
Rent per month: $8,200
Change on a year earlier: 7 per cent
Global ranking: 3
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New York
Rent per month: $8,100
Change on a year earlier: 8 per cent
Global ranking: 4
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London
Rent per month: $7,900
Change on a year earlier: 23 per cent
Global ranking: 5
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Caracas
Rent per month: $6,800
Change on a year earlier: 31 per cent
Global ranking: 6
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Geneva
Rent per month: $5,900
Change on a year earlier: 33 per cent
Global ranking: 7
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Bogota
Rent per month: $5,800
Change on a year earlier: 6 per cent
Global ranking: 8
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Singapore
Rent per month: $5,800
Change on a year earlier: 15 per cent
Global ranking: 9
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Lagos
Rent per month: $5,600
Change on a year earlier: 2 per cent
Global ranking: 10
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Zurich
Rent per month: $5,500
Change on a year earlier: 31 per cent
Global ranking: 11
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Rio de Janeiro
Rent per month: $5,400
Change on a year earlier: 29 per cent
Global ranking: 12
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Seoul
Rent per month: $5,000
Change on a year earlier: 12 per cent
Global ranking: 14
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Sydney
Rent per month: $5,000
Change on a year earlier: 24 per cent
Global ranking: 15
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Paris
Rent per month: $4,800
Change on a year earlier: 15 per cent
Global ranking: 16
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Sao Paulo
Rent per month: $4,200
Change on a year earlier: 27 per cent
Global ranking: 17
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Shanghai
Rent per month: $4,200
Change on a year earlier: 16 per cent
Global ranking: 18
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Abu Dhabi
Rent per month: $4,100
Change on a year earlier: minus 11 per cent
Global ranking: 19