2. London, United Kingdom ($34,500 per square meter)
United Kingdom is probably one of the best countries to live in. It is the home to arguably some of the best franchise of sports, such as the English Premiere League of soccer and Wimbledon tennis Grand Slam. And it is also the home to some of the best and most expensive universities in the world.
London is the capital of this union. There are nearly nine million people living in greater London today, making its population density to 14,290 inhabitants per square mile. That excludes visiting tourists and international students.
Then it should come as no surprise that renting an apartment in London costs you around $11,000 per month. But according to the UK’s government data, since the establishment of more affordable homes for Londoners, there are places in central London with only $2,000 of monthly rental cost.
“Homes for Londoners is a new initiative. It brings together and strengthens the Greater London Authority’s housing and development capacity to support the Mayor’s plans to help build many thousands of new affordable homes.” – london.gov.uk.
With the average size of 120 square meters for a typical city apartment and a staggering $34,500 per square meter buying price, you need over $4 million to buy one apartment in London.
