After these three large cities, come Tokyo, San Francisco and Dublin, while Madrid occupies position 21, with a cost of $ 39,700 per worker and per year.
The Savills Aguirre Newman index highlights that New York is for the second consecutive year the most expensive city in the world, with a cost per employee of $ 113,600 per year, after dethroning London, which ranked first between 2012 and 2015.
The ranking indicates that European cities are moving up positions in the index due to the increase in the average cost of residential rental and the strengthening of the euro against other currencies, such as Amsterdam, with an increase of 29.6%, or Madrid, with an increase of 23.8% compared to last year, cities that have experienced a rapid increase in prime residential rents.