Boston became the only metropolis where the cost of rent is up to 30% of the total revenue. Due to the fact that the level of salaries here is very high, rental housing does not seem expensive.
To rent an apartment in Chicago, you need to spend at least $1,377, which is relatively small. The incomes of city dwellers are decent, so only 35.6% of them go for rent.
In the aristocratic London housing market is going through not the best of times. The income of residents of the English capital is quite high, so the average rental price for a month is $1,430, which is 50.4% of the funds available to citizens.
To rent an apartment in Dubai, an average of $1,281 will be required. But if you compare the emirates of Dubai and Abu Dhabi, in the first one the rent is not as high as in the second one, and it reaches 55.4% of the income of residents of the city.
The city with the lowest rental in absolute terms is Mexico City. Because of the low income of the population, the average rent is $385. From 2009 to today, the average price has increased by 44%.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
