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Jakarta ranks among the top 70 most expensive cities globally for residential rental costs. According to *worldatlas.com*, compared to other surveyed Southeast Asian cities, Jakarta is cheaper than Bangkok, Thailand, and Kuala Lumpur, Malaysia. The city with the highest rental costs worldwide is New York City, USA, at US$3,890.
Residents' income is a significant factor influencing rental prices in a city. However, the high or low cost of rent does not solely determine the quality of life. Other factors, such as income and various expenses like food, rent, medical costs, and education, must also be considered.
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