Eurostat data reveals wide rent disparities across European capital cities
By
Servet Yanatma
Summary
Eurostat data reveals that housing accounts for nearly a quarter (23.6%) of household expenditure in the EU. Among 40 European cities across 38 countries, average monthly rents for two-bedroom flats vary dramatically. The article examines which European capital cities are the most and least expensive for tenants, highlighting the heavy financial burden of rent across different European nations.
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Key quotes
· 3 pulledHousing is the largest expense for households.
Including utilities, it accounts for almost a quarter (23.6%) of household expenditure in the EU, according to Eurostat.
The burden is particularly heavy for tenants in European capital cities, and rents vary widely across Europe.
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