A study on the cost of renting a 2-bedroom apartment in major cities around the world suggests that Luxembourg ranks 13th - and likely to climb.

According to a rapport released in 2019 by Deutsche Bank, the most expensive 2-bedroom apartment is found in Hong Kong, where you can expect to pay an average $3,685USD per month. This is followed by San Francisco ($3,631), New York City ($2,909), Zurich ($2,538), and Paris ($2,455).

While Luxembourg isn't included in the Deutsche Bank report, we have data from the same year (2018) provided by atHome, who compiled a report on rental prices in Luxembourg based on data collected through properties listed on their website. They found that the average monthly cost of a 2-bedroom apartment in Luxembourg came to €1,660, or about $1,844 by today's exchange rate.

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This would place Luxembourg just below Amsterdam ($1,854) and above Copenhagen ($1,809). It also looks likely that Luxembourg will climb the rankings based on the year-on-year price development in each of the top-ranked cities, which you can see next to the rental figures in the list below.

  1. Hong Kong - $3,685 (-1%)
  2. San Francisco - $3,631 (-1%)
  3. New York City - $2,909 (+2%)
  4. Zurich - $2,538 (+9%)
  5. Paris - $2,455 (-1%)
  6. London - $2,338 (-3%)
  7. Boston - $2,201 (+2%)
  8. Dublin - $2,018 (-1%)
  9. Sydney - $1,969 (-4%)
  10. Tokyo - $1,903 (+9%)
  11. Singapore - $1,893 (-4%)
  12. Amsterdam - $1,854 (-1%)
  13. Luxembourg - $1,844 (+10%)
  14. Copenhagen - $1,809 (-2%)
  15. Oslo - $1,808 (-7%)