Ever wonder what you could buy if you didn’t have to pay rent? We do. We looked at the things you could get for the average cost of rent in seven cities: San Francisco, New York, Los Angeles, Chicago, Minneapolis and Washington, D.C. Spoiler: It’s a lot of stuff.
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San Francisco
In San Francisco, the average monthly rent is a cringe-inducing $3,213. Yikes.
For that amount, you could get:
-11 iPad Mini 2s at $269 each
-247 pounds of prime rib at $12.99 a pound
-A 7-night cruise to Tahiti for 2 ($2,999)
For a year of rent ($38,556), you could get:
-A fully loaded 2016 Jeep Wrangler
-7 jet skis
-One night in the Penthouse Suite at the Grand Hyatt Cannes Hotel Martinez, France, at $37,500 a night
Ouch, San Francisco. This hurts.
Los Angeles
In Los Angeles, the average monthly rent is $2,278. That’s less expensive than San Francisco but still not great.
For one month of rent in Los Angeles, here’s what you could buy:
-543 fast-food burgers at $4.19 each
-9 dogs at an adoption fee of $250 each
-One bottle of Krug champagne ($2,000)
For 20 years of Los Angeles rent — $546,720 — you could get:
-A pair of 2016 Lamborghini Huracans at $245,940 each
-13 nights in the Hilltop Estate at Laucala Island Resort, Fiji, at $40,000 a night
We’re thinking of finding a new city to live in.
New York
New York’s average monthly rent is $3,642 (!), making Los Angeles and San Francisco look cheap by comparison.
For a month of New York rent, you could get:
-3 nights in the Plaza Hotel at $945 a night
-3,060 Taco Bell Crunchy Tacos at $1.19 each
-A professional 7-piece drum kit ($3,122)
For 5 years of rent — $218,520 — you could get:
-Two 2017 Mercedes-Benz SL-Class luxury automobiles at $109,000 each
-A personal chef for 5 years
New York rent prices are truly ridiculous. We’ll take the crunchy tacos, please.
Chicago
In Chicago, the average monthly rent is $1,942; not too bad for a big city. We’re looking at you, New York.
For a month of Chicago rent, here’s what you could get:
-14 lobster dinners for two at $130 each
-19 tickets to Disneyland at $99 each
-A flight to Kathmandu ($1,900)
For 20 years of rent ($466,080), you could get:
-6,214 personal training sessions at $75 each
-A used 52-foot yacht at $465,000
Not too shabby.
Seattle
In Seattle, the average monthly rent is $1,834, which we can get behind.
For that amount, you could get:
-10 bottles of Dom Perignon champagne 2005 at $169.99 each
-A 1-carat diamond necklace ($1,819)
For 5 years of rent ($110,040), you could get:
-64 Louis Vuitton duffle bags at $1,716 each
-A Tesla Roadster automobile at $101,500
That’s not as crazy as what you could buy with New York rent, obviously. But still, we’d love to not pay rent for five years and get a Tesla instead.
Minneapolis
The average monthly rent in Minneapolis is a pretty affordable $1,259.
For that amount of cash, you could get:
-A Chanel tweed skirt suit ($1,195)
-A leather sectional sofa ($1,249)
For 5 years of rent ($75,540), you could get:
-A year-long trip around the world
-A jet turbine-powered powerboat
One trip around the world, please.
Washington, D.C.
In our nation’s capital, the average monthly rent is $1,989.
For a month of rent, you could buy:
-38 Amazon Kindles at $49.99 each
-A 9-piece teak dining set ($1,839)
-A Dolce & Gabbana bag ($1,895)
For 1 year of rent ($23,868), you could get:
-A 2016 Honda Accord LX at $23,905
-3 Sharp 90-inch Aquos HD 1080p TVs at $6,629 each
The takeaway: We should all stop paying rent. (just kidding)
Now, please excuse us while we move back in with our parents and purchase 3,060 tacos.
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