Think your rent is high? Check out these pricey markets

Think your rent is high? It's all relative. You may be paying a bit more because you've picked a specific neighbourhood, or a home with more upscale features than the average. But some markets are simply more expensive than others. Your rent will be higher or lower depending on the city, the neighbourhood and the vacancy rate.

Want to compare? Check out the rates in these pricey markets:

Manhattan, New York:

According to a Bloomberg Report, the rent is high. Very high. Manhattan has set a new record. Studios are going for a median $2,351 USD ($3,000 CAD) a month while a one-bedroom will cost you $3,400 USD ($3,830 CAD) a month.

London, Great Britain

It's a world class city and London is known for it's massive population - which has led to an extreme shortage of affordable flats. Forget the one and two bedrooms, shared flat averages £651 ($1,230 CAD) per month. Shared!

Tokyo, Japan

You know it's going to be expensive, so be prepared to spend ¥135,813.26 ($1,430 CAD) per month on a one-bedroom. And don't expect the words "spacious" or "sprawling" to describe that apartment.

Helsinki, Finland

There is a lot to be said about the lifestyle in Finland - affordable healthcare, free education, a month of vacation time – but cheap rent is not one of them. A 1-bedroom apartment costs 972.22 € ($1,310 CAD) per month.

Moscow, Russia

The wealth in Russia's biggest city is legendary, so it should be no surprised that this Russian capital city has rents that run some serious rubles. The average rent for a studio or small one-bedroom runs around ₽90,000 ($1,500 CAD) a month.

Abu Dhabi UAE

Lots of wealth has drawn a huge number of ex-pats here for jobs that enjoy a serious salary. But the cost of living is in stride. A one-bedroom apartment is generally priced from 7,200 AED ($2500 CAD) a month, but rents are purportedly on the decline.