London is the second most expensive city, with the average price of a two-bed flat in the capital being £788,000, or £13,328 per square metre. This is then followed by Singapore (£781,000), Beijing (£676,000) and Zurich (£670,000).
Looking at the comparison between countries, Hong Kong is followed by Singapore (£781,000), Switzerland (£543,000), South Korea (£438,000) and Japan (£364,000). Hong Kong is £500,000 more expensive than the next priciest country. The United States is ranked 35th in the most expensive city centre apartments, costing £111,000 on average. New York is the US’s most expensive city at £623,000, making it the 7th most expensive city in the world and almost 6 times more expensive than the US average.
With a cost per square metre of £3,839, the UK (£227,000) is the 16th most expensive nation in the world for a central apartment, with prices 52% above the global average. London is far more expensive than the rest of the UK, with a central flat generally costing buyers over four times more than the UK average.
The cheapest nation of the 91 countries with available data is Egypt. Here a two-bed city centre apartment only costs £27,000 on average. The cheapest city is Sumy in Ukraine, where a apartment would cost £20,000.
|Country||Average price per square metre for city centre flat||Price for two-bed flat|
To see the full list of average flat prices by country and city, alongside an interactive map, visit: https://www.finder.com/uk/world-cost-of-a-flat