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Claiming the third spot on our list, the city commands an average monthly rent of $3,327 for a 1-bedroom apartment. San Francisco, nestled on the stunning California coast, is notorious for its sky-high rent prices. Rents are also surging in Singapore, which bagged the top spot for growth in the last quarter of 2022,(Representative image/ AP file) 3. However, residents enjoy world-class amenities, efficient public transport, and a thriving economy that makes the high price tag somewhat justifiable. With an average monthly rent of $3,704, living in this cosmopolitan city-state requires a healthy bank account. Singapore, known for its gleaming skyscrapers and vibrant culture, comes in at a close second. The bustling metropolis attracts dreamers and go-getters from all walks of life, but be prepared to dig deep into your pockets if you want to call the Big Apple home. New York City tops the list with an average monthly rent of $3,746 for a 1-bedroom apartment in the city center. Unsurprisingly, the city that never sleeps comes with a hefty price tag. The Big Apple Takes the Crown: New York City Let's dive into the details and explore the highs and lows of the rental market across the globe.
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