The square meter price of an apartment cost on average over 3,000 U.S. dollars, with Leblon achieving prices as high as 4,200 U.S. dollars per square meter.

As mentioned before, the average price per sqm in Rio de Janeiro is $2,270. A one-bedroom property (60 sqm) would cost around $136,000, and a two-bedroom (85 sqm) would be about $193,000. However, prices will differ based on the attributes of the property and its specific location.

Renting in Rio Your rent will include expenses like condo fees and property taxes since renters generally cover those costs for the landlord. Rent in Rio de Janeiro is about 88% lower than in New York City, making it an extremely affordable city to live in.

Some average living costs in São Paulo are (in BRL and USD): Monthly rent (1 bedroom apartment): 2300BRL ($430) Utilities (monthly average): 270BRL ($50) Monthly public transport pass: 275BRL ($50)