The minimum salary needed to rent a 1-bedroom apartment in 15 cities

Montreal is not a cheap city to live in, however, you can rent a 1-bedroom apartment outside the city center for as low as about $500. Once again, after considering basic monthly expenses, you would need a minimum salary of $1,500 after tax.

Munich, Germany

Salary required: $1,700

In Munich, you would need a minimum salary of $1,700 to be able to get by. An average apartment in an inexpensive area will cost you about $860. Luckily enough, however, the average salary in Munich after tax reaches almost $3,000.

Tokyo, Japan

Salary required: $1,700

Tokyo rentals vary widely, but on average, a 1-bedroom apartment goes for about $700 a month. With monthly living expenses that are not the cheapest you will find, you will need almost $1,700 a month in the city.

Melbourne, Australia

Salary required: $1,800

An average 1-bedroom apartment in Melbourne will set you back around $950. You will need almost the same amount to cover your monthly expenses. Bringing the minimum net salary needed to $1,800.

Paris, France

Salary required: $1,800

Although Paris is known to be an expensive city, renting a 1-bedroom apartment away from the city center costs about $870. As for the remainder of your expenses, you would need approximately $930 per month. This brings you to an overall minimum salary of $1,800 per month.

Dubai, United Arab Emirates

Salary required: $2,200

Dubai has one of the highest living expenses in the region, due to its extravagant lifestyle. A 1-bedroom apartment outside the center costs about $1,360. Once you factor in other expenses, you will reach a minimum of $2,200 required every month.

Los Angeles, United States

Salary required: $2,400

Los Angeles is an enchanting city that of course, comes at a price. Renting a 1-bedroom apartment outside the center costs about $1,400. Average monthly expenses are a little under $1,000, bringing the overall minimum salary required after tax to about $2,400.

London, United Kingdom

Salary required: $2,500

Moving to London? While you can get by with a net salary of $2,500, you will find that most of your money will go out on rent. Expect to pay around $1,500 for a 1-bedroom apartment outside of the city center.

Geneva, Switzerland

Salary required: $2,800

Switzerland is not a cheap country to live in since a 1-bedroom apartment outside Geneva’s center averages $1,420 a month. As for various monthly expenses, they would bring the least monthly minimum net salary to $2,800.

 New York City, United States

Salary required: $3,000

Don’t be surprised that New York City is at the top of this list, as it is quite an expensive city to live in. An average 1-bedroom apartment costs about $1,900 per month, taking up almost 50٪ of an average person’s income. Factoring in a minimum of monthly expenses, you would need at least $3,000 a month to live in the Big Apple.