If watching $1,110 disappear from your bank account on rent every month sounds like a steal, you’re probably not looking for your first internship after university. Munich and Frankfurt both make it onto the list, with Frankfurt in 19th place and Munich in 27th. Both German cities are made attractive for bankers by the cheapness of rents in comparison with other cities, the study’s authors found. Even London, the number one financial centre on the world, looks cheap in that comparison, with rents there being an enticing €1,650. “Compared to New York, which has the most expensive rents in the world, Munich remains a true bargain, rent-wise, for those in search of high-paying jobs in the financial and economic sectors.”

Source: The Local March 17, 2017 10:30 UTC