NBC Bay Area-

Let’s face it, San Francisco is expensive.

To make matters worse, a new study has now ranked the city No. 1 in the world with the highest rent and the list also includes three more Bay Area cities in the top ten: San Jose, Oakland and Berkeley.

According to a study released by financial advice site Walletwyse, the average rent in San Francisco is about $3,500.

The high rent average was followed by Hamilton, Bermuda at No. 2 with an average rent of $3,400 and Manhattan, New York at No. 3 with $3,050.

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