Affordability

Price-to-income ratio for a standard 90 square metre residential apartment, expressed as years of local family net income. Lower raw values receive higher scores. The raw value follows the Numbeo-style method: apartment price divided by annual disposable family income, using a blended city-centre and non-centre price where direct country data are available. Transaction costs, mortgage costs, rental yield, foreign ownership rights and broad property-rights security are kept separate.
1 Georgia4 years of net income 4 years of net income 100
2 Kiribati5 years of net income 5 years of net income 95
2 Kosovo5 years of net income 5 years of net income 95
2 Moldova5 years of net income 5 years of net income 95
2 Tuvalu5 years of net income 5 years of net income 95
2 Western Sahara5 years of net income 5 years of net income 95
7 Armenia6 years of net income 6 years of net income 90
7 Kyrgyzstan6 years of net income 6 years of net income 90
7 Lesotho6 years of net income 6 years of net income 90
7 Nauru6 years of net income 6 years of net income 90
7 North Macedonia6 years of net income 6 years of net income 90
7 Paraguay6 years of net income 6 years of net income 90
7 Tajikistan6 years of net income 6 years of net income 90
7 Tonga6 years of net income 6 years of net income 90
7 Ukraine6 years of net income 6 years of net income 90
7 Uzbekistan6 years of net income 6 years of net income 90
17 Belize7 years of net income 7 years of net income 85
17 Bosnia and Herzegovina7 years of net income 7 years of net income 85
17 Bulgaria7 years of net income 7 years of net income 85
17 Cape Verde7 years of net income 7 years of net income 85
17 Gambia7 years of net income 7 years of net income 85
17 Guinea-Bissau7 years of net income 7 years of net income 85
17 Latvia7 years of net income 7 years of net income 85
17 Malawi7 years of net income 7 years of net income 85
17 Micronesia7 years of net income 7 years of net income 85
17 Nicaragua7 years of net income 7 years of net income 85
17 Niger7 years of net income 7 years of net income 85
17 Niue7 years of net income 7 years of net income 85
17 Romania7 years of net income 7 years of net income 85
17 Samoa7 years of net income 7 years of net income 85
17 São Tomé and Príncipe7 years of net income 7 years of net income 85
17 Serbia7 years of net income 7 years of net income 85
17 Vanuatu7 years of net income 7 years of net income 85
34 Albania8 years of net income 8 years of net income 80
34 Belarus8 years of net income 8 years of net income 80
34 Bolivia8 years of net income 8 years of net income 80
34 Botswana8 years of net income 8 years of net income 80
34 Burkina Faso8 years of net income 8 years of net income 80
34 Burundi8 years of net income 8 years of net income 80
34 Central African Republic8 years of net income 8 years of net income 80
34 Chad8 years of net income 8 years of net income 80
34 Comoros8 years of net income 8 years of net income 80
34 Dominica8 years of net income 8 years of net income 80
34 Ecuador8 years of net income 8 years of net income 80
34 Eritrea8 years of net income 8 years of net income 80
34 Grenada8 years of net income 8 years of net income 80
34 Guinea8 years of net income 8 years of net income 80
34 Guyana8 years of net income 8 years of net income 80
34 Honduras8 years of net income 8 years of net income 80
34 Kazakhstan8 years of net income 8 years of net income 80
34 Laos8 years of net income 8 years of net income 80
34 Liberia8 years of net income 8 years of net income 80
34 Lithuania8 years of net income 8 years of net income 80
34 Madagascar8 years of net income 8 years of net income 80
34 Mali8 years of net income 8 years of net income 80
34 Marshall Islands8 years of net income 8 years of net income 80
34 Mongolia8 years of net income 8 years of net income 80
34 Montenegro8 years of net income 8 years of net income 80
34 Montserrat8 years of net income 8 years of net income 80
34 Namibia8 years of net income 8 years of net income 80
34 Rwanda8 years of net income 8 years of net income 80
34 Saint Vincent and the Grenadines8 years of net income 8 years of net income 80
34 Sierra Leone8 years of net income 8 years of net income 80
34 Solomon Islands8 years of net income 8 years of net income 80
34 Somalia8 years of net income 8 years of net income 80
34 South Sudan8 years of net income 8 years of net income 80
34 Suriname8 years of net income 8 years of net income 80
34 Swaziland8 years of net income 8 years of net income 80
34 Togo8 years of net income 8 years of net income 80
34 Turkmenistan8 years of net income 8 years of net income 80
34 United Arab Emirates8 years of net income 8 years of net income 80
34 Uruguay8 years of net income 8 years of net income 80
34 Wallis and Futuna8 years of net income 8 years of net income 80
34 Zambia8 years of net income 8 years of net income 80
75 Azerbaijan9 years of net income 9 years of net income 75
75 Colombia9 years of net income 9 years of net income 75
75 Dominican Republic9 years of net income 9 years of net income 75
75 El Salvador9 years of net income 9 years of net income 75
75 Guatemala9 years of net income 9 years of net income 75
75 Hungary9 years of net income 9 years of net income 75
75 Jamaica9 years of net income 9 years of net income 75
75 Mexico9 years of net income 9 years of net income 75
75 Panama9 years of net income 9 years of net income 75
75 Senegal9 years of net income 9 years of net income 75
75 Slovakia9 years of net income 9 years of net income 75
75 Trinidad and Tobago9 years of net income 9 years of net income 75
87 Afghanistan10 years of net income 10 years of net income 70
87 American Samoa10 years of net income 10 years of net income 70
87 Antigua and Barbuda10 years of net income 10 years of net income 70
87 Argentina10 years of net income 10 years of net income 70
87 Benin10 years of net income 10 years of net income 70
87 Brazil10 years of net income 10 years of net income 70
87 Cameroon10 years of net income 10 years of net income 70
87 Congo10 years of net income 10 years of net income 70
87 Cook Islands10 years of net income 10 years of net income 70
87 Costa Rica10 years of net income 10 years of net income 70
87 Croatia10 years of net income 10 years of net income 70
87 Estonia10 years of net income 10 years of net income 70
87 Fiji10 years of net income 10 years of net income 70
87 Gabon10 years of net income 10 years of net income 70
87 Greece10 years of net income 10 years of net income 70
87 Malaysia10 years of net income 10 years of net income 70
87 Mauritania10 years of net income 10 years of net income 70
87 Mauritius10 years of net income 10 years of net income 70
87 Mozambique10 years of net income 10 years of net income 70
87 Palau10 years of net income 10 years of net income 70
87 Peru10 years of net income 10 years of net income 70
87 Poland10 years of net income 10 years of net income 70
87 Puerto Rico10 years of net income 10 years of net income 70
87 Russia10 years of net income 10 years of net income 70
87 Saint Lucia10 years of net income 10 years of net income 70
87 San Marino10 years of net income 10 years of net income 70
87 Slovenia10 years of net income 10 years of net income 70
87 Syria10 years of net income 10 years of net income 70
87 Tanzania10 years of net income 10 years of net income 70
87 Timor-Leste10 years of net income 10 years of net income 70
87 Turkey10 years of net income 10 years of net income 70
87 Uganda10 years of net income 10 years of net income 70
87 Yemen10 years of net income 10 years of net income 70
87 Zanzibar10 years of net income 10 years of net income 70
87 Zimbabwe10 years of net income 10 years of net income 70
122 Aruba11 years of net income 11 years of net income 65
122 Chile11 years of net income 11 years of net income 65
124 Bahrain12 years of net income 12 years of net income 60
124 Bhutan12 years of net income 12 years of net income 60
124 Cambodia12 years of net income 12 years of net income 60
124 Curacao12 years of net income 12 years of net income 60
124 Cyprus12 years of net income 12 years of net income 60
124 Equatorial Guinea12 years of net income 12 years of net income 60
124 Faroe Islands12 years of net income 12 years of net income 60
124 French Guiana12 years of net income 12 years of net income 60
124 Ghana12 years of net income 12 years of net income 60
124 Greenland12 years of net income 12 years of net income 60
124 Guam12 years of net income 12 years of net income 60
124 Haiti12 years of net income 12 years of net income 60
124 Italy12 years of net income 12 years of net income 60
124 Ivory Coast12 years of net income 12 years of net income 60
124 Libya12 years of net income 12 years of net income 60
124 Mayotte12 years of net income 12 years of net income 60
124 Morocco12 years of net income 12 years of net income 60
124 Myanmar12 years of net income 12 years of net income 60
124 Northern Mariana Islands12 years of net income 12 years of net income 60
124 Palestine12 years of net income 12 years of net income 60
124 Papua New Guinea12 years of net income 12 years of net income 60
124 Saint Kitts and Nevis12 years of net income 12 years of net income 60
124 Saint Pierre and Miquelon12 years of net income 12 years of net income 60
124 South Africa12 years of net income 12 years of net income 60
124 Sudan12 years of net income 12 years of net income 60
124 Tunisia12 years of net income 12 years of net income 60
150 Czech Republic13 years of net income 13 years of net income 56
150 Germany13 years of net income 13 years of net income 56
150 Jordan13 years of net income 13 years of net income 56
150 Philippines13 years of net income 13 years of net income 56
154 Austria14 years of net income 14 years of net income 52
154 Belgium14 years of net income 14 years of net income 52
154 Brunei14 years of net income 14 years of net income 52
154 Finland14 years of net income 14 years of net income 52
154 Guadeloupe14 years of net income 14 years of net income 52
154 Kenya14 years of net income 14 years of net income 52
154 Malta14 years of net income 14 years of net income 52
154 Martinique14 years of net income 14 years of net income 52
154 New Caledonia14 years of net income 14 years of net income 52
154 Oman14 years of net income 14 years of net income 52
154 Portugal14 years of net income 14 years of net income 52
154 Réunion14 years of net income 14 years of net income 52
154 Spain14 years of net income 14 years of net income 52
154 United States14 years of net income 14 years of net income 52
168 Barbados15 years of net income 15 years of net income 48
168 Congo DR15 years of net income 15 years of net income 48
168 Japan15 years of net income 15 years of net income 48
168 Sint Maarten15 years of net income 15 years of net income 48
168 U.S. Virgin Islands15 years of net income 15 years of net income 48
168 Venezuela15 years of net income 15 years of net income 48
174 Algeria16 years of net income 16 years of net income 45
174 Anguilla16 years of net income 16 years of net income 45
174 Bahamas16 years of net income 16 years of net income 45
174 Ethiopia16 years of net income 16 years of net income 45
174 France16 years of net income 16 years of net income 45
174 Iceland16 years of net income 16 years of net income 45
174 Saint-Martin16 years of net income 16 years of net income 45
174 Sri Lanka16 years of net income 16 years of net income 45
174 Sweden16 years of net income 16 years of net income 45
174 Tahiti16 years of net income 16 years of net income 45
174 Thailand16 years of net income 16 years of net income 45
185 Andorra18 years of net income 18 years of net income 38
185 Australia18 years of net income 18 years of net income 38
185 British Virgin Islands18 years of net income 18 years of net income 38
185 Canada18 years of net income 18 years of net income 38
185 Djibouti18 years of net income 18 years of net income 38
185 Egypt18 years of net income 18 years of net income 38
185 Gibraltar18 years of net income 18 years of net income 38
185 Indonesia18 years of net income 18 years of net income 38
185 Iraq18 years of net income 18 years of net income 38
185 Lebanon18 years of net income 18 years of net income 38
185 Maldives18 years of net income 18 years of net income 38
185 Netherlands18 years of net income 18 years of net income 38
185 Nigeria18 years of net income 18 years of net income 38
185 Norway18 years of net income 18 years of net income 38
185 Seychelles18 years of net income 18 years of net income 38
185 Turks and Caicos Islands18 years of net income 18 years of net income 38
185 Vietnam18 years of net income 18 years of net income 38
202 United Kingdom19 years of net income 19 years of net income 36
203 Cayman Islands20 years of net income 20 years of net income 33
203 Cuba20 years of net income 20 years of net income 33
203 Denmark20 years of net income 20 years of net income 33
203 India20 years of net income 20 years of net income 33
203 Iran20 years of net income 20 years of net income 33
203 Luxembourg20 years of net income 20 years of net income 33
203 Nepal20 years of net income 20 years of net income 33
203 Qatar20 years of net income 20 years of net income 33
203 Switzerland20 years of net income 20 years of net income 33
212 Angola22 years of net income 22 years of net income 28
212 Chinese Taipei22 years of net income 22 years of net income 28
212 Ireland22 years of net income 22 years of net income 28
212 Korea Republic22 years of net income 22 years of net income 28
212 Kuwait22 years of net income 22 years of net income 28
212 Liechtenstein22 years of net income 22 years of net income 28
212 New Zealand22 years of net income 22 years of net income 28
212 Pakistan22 years of net income 22 years of net income 28
212 Saudi Arabia22 years of net income 22 years of net income 28
221 Singapore25 years of net income 25 years of net income 22
222 Israel26 years of net income 26 years of net income 20
223 Bermuda28 years of net income 28 years of net income 17
224 Bangladesh30 years of net income 30 years of net income 14
224 Korea DPR30 years of net income 30 years of net income 14
226 China35 years of net income 35 years of net income 11
227 Macau40 years of net income 40 years of net income 7
228 Hong Kong54 years of net income 54 years of net income 4
229 Monaco100 years of net income 100 years of net income 1

Rating generated: 18 June 2026.

How the Raw Value Is Calculated

The raw value is the property price-to-income ratio. It shows how many local annual net incomes a standardised apartment roughly costs. Lower values mean better affordability and receive higher scores.

Nomadino uses an ordinary 90 square metre apartment as the standard case. The purchase-price side follows the common Numbeo method: city-centre and outside-centre square-metre prices are combined into a typical apartment price. The income side is annual family net income, simplified as 1.5 times average monthly net salary times 12.

Direct country values primarily come from Numbeo price-to-income ratios. Where direct values are missing or weak for small territories, Nomadino uses maintained replacements based on available property prices, local income data, administering states and regional comparators. These replacements are checked against OECD, IMF, BIS, Eurostat and national housing-price and income sources.

Transaction costs, mortgage interest, recurring taxes, maintenance, rents, rental yield, foreign ownership rights and broad property-rights security are excluded. These factors are separate or neighbouring Nomadino indicators. This keeps the raw value focused on one clear question: how expensive is a typical apartment purchase relative to local income?

The score decreases monotonically as the visible raw value rises. Up to roughly 4 annual net incomes sits near the top of the scale, 5 to 6 is very affordable, 8 to 12 is mid-range, 15 to 20 is expensive and values from 30 upward are very weak. Extremely expensive markets around 40, 60 or 100 annual net incomes remain separated so materially different raw values are not treated as equal.

Equal raw values receive equal scores, and a lower price-to-income ratio never receives a worse score than a higher ratio.