London has officially topped the charts as the most expensive city in Europe to rent a home, with an average price of £39 per square metre per month. But the costs can skyrocket even higher if you’re looking to live in central West London, where rents can reach a staggering £59 per square metre per month!
For the rest of the UK, the picture is quite different. Outside of London, the average rent stands at a more reasonable £17 per square metre per month, yet still expensive when compared to many of the mainland European cities in the graphic.
A lot of this comes down to the fact that homes on the mainland of Europe are much bigger, so the price per square metre is lower.
This data also highlights the divide between rental prices in the capital and the rest of the country. Whether you’re already in the rental market or thinking of moving, understanding these figures is crucial in making informed choices. It’s clear that while London offers unique opportunities and experiences, it comes at a price.
My question to the people of Northampton is, what do you think about these statistics? Please share your thoughts in the comments.
