What is the average cost of housing in Sao Paulo?

If you are thinking about moving to Sao Paulo, cost of living in probably a key consideration. Expats commented about the cost of housing...

"If moving to Sao Paulo know that prices are out of control and that there are lots of hidden costs to renting. I am from Chicago, where I lived in Lincoln Park. 1. Rent, a 2 bedroom apt in Jardins(200 sq meters) will run about BRL 8000/mo. 2. The Next biggest cost is the Condo fee which everyone must pay, about BRL 2000/mo. 3. Next there is the IPTU or the property tax in Jardins expect to pay BRL 600/mo. 4. Then of course you need insurance, expect to pay BRL 250/mo," commented one expat who made the move to Sao Paulo, Brazil.

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"The cost of housing in Sao Paulo can vary greatly depending on the area and type of housing. Generally, the average cost of renting an apartment in Sao Paulo is around R$2,000 to R$3,000 per month, while the average cost of buying a property is around R$7,000 to R$10,000 per square meter," remarked another expat in Sao Paulo, Brazil.