Rent costs are churning across North America. Though rent as a share of income has not drastically increased – it went from 25% in 1987 to 30% in 2017 – the inflationary prices have not been even across the board, and some cities show a higher inflationary trend than others. For example, Vancouver commands the highest rental price, with renters paying as much as 50% of their income on rent. And California has 6 of the 10 most expensive cities!
This infographic presents the rent range across 148 cities – from the very affordable $550 to the super-high $3500.
The Cost of Rent in 140+ North American Cities:
Infographic by – Visual Capitalist