Boston is notoriously known as one of the most expensive cities in the world. Rent, school, as well as even food and drink are priced to the point of making your bank account soil its pants. For those of you reading who are not from The Hub, but are thinking about visiting, keep this in mind: If you’re taking to Airbnb to find a place to stay, just know that Boston is the most expensive city in the world for a room.
According to GoEuro, a Germany-based travel website that allows users to compare air, rail, bus and car rentals all at once, conducted a study of over 40,000 properties in 150 cities and determined that the most expensive Airbnb rooms in the world are here in Boston, at an average of $274 per night.
Cancún, Mexico came in second for Airbnb rooms at $247 per night, followed by New York at $231; Dubai, UAE at $226; and Macao, China at $213.
Only two other cities were listed, Miami at number 10 with $193 per night and San Francisco at number 13 with $178 per night.
Boston also ranked as the sixth most expensive city overall – New York took the number one slot there. Miami also beat out Boston in the most expensive overall category, coming in at number four. San Francisco took the ninth slot.
Interestingly, the data hows that in Boston, Airbnb room rates are generally higher in Boston than five star hotel rooms, which cost on average $252.
Comparatively, New York’s average five start hotel room is an astronomical $669 – more costly than any other city on the list except for St. Moritz, Switzerland at $687 and Miami at $680.
GoEuro gathered its data by averaging the median cost of booking an entire property for both two and four people between June 1 and December 31 to account for cities’ high volume and low volume tourist seasons.
To be clear, GoEuro also pulled information from hostels, five star rated hotel rooms, and the average of one through four star rated hotel rooms.
Non-European cities were chosen based on population, hospitality industry size and the availability of one through four star hotel rooms. For European cities, the volume of inbound transport bookings through GoEuro was also taken into consideration.
