The 10 most expensive cities for renters in the world

The commercial property company CBRE has released its Global Living Report 2016, which reveals the most expensive cities in the world to rent a property.To determine the findings of its second annual report, CBRE analysed the property market in 35 large global cities, looking at the average monthly rent for a two-bedroom apartment in each, as well as the cost of other living expenses including basic utilities (such as electricity and heating), petrol, a gallon of milk, and diningout.Of the 35 cities included in the study, here are the 10 most expensive placesto rent, along with a breakdown of selected living costs:Note: All currency conversions below appear as they arelistedin the CBRE report.10. Miami ' 1,420 ($1,868)Basic utilities: 106.40 ($140)Milk (1 gallon): 2.71 ($3.56)Petrol (1 gallon): 1.82 ($2.39)Cappuccino: 3.15 ($4.15)Mid-range meal for two: 53.20 ($70)9. Hong Kong ' 1,490 ($1,960)Basic utilities: 145.88 ($191.95)Milk (1 gallon): 8.10 ($10.66)Petrol (1 gallon): 5.57 ($7.32)Cappuccino: 3.34 ($4.39)Mid-range meal for two: 34.58 ($45.50)8. Dubai '1,642 ($2,160)Basic utilities: 126.01 ($165.80)Milk (1 gallon): 4.36 ($5.74)Petrol (1 gallon): 1.44 ($1.89)Cappuccino: 3.37 ($4.43)Mid-range meal for two: 30.78 ($40.50)See the rest of the story at Business Insider
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