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The World’s Top 10 Most (Un)Affordable Places to Live

Posted: 30th August 2017 by Finance Monthly
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People are paying more for their homes around the world, with average house prices up 6.5% in the last 12 months.

But, where have house prices grown faster than the average income?

Assured Removalists have combined data on average annual salary, income tax and house prices to produce a ratio that shows the measure of housing affordability around the world. The higher the ratio is, the less affordable the houses are.

How does your country compare? You can view the full data set here.

House price vs average income ratio

Most AffordableLeast Affordable

0 - 10
11 - 20
21 - 30
31 - 40
41 - 50
100+
Most affordable places to buy a house
Least affordable places to buy a house

Swipe to move map

10 most affordable places to live

House price vs average income ratio

  • 1.87Suriname
  • 3.02Saudi Arabia
  • 3.41Oman
  • 3.42Bahamas
  • 4.18USA
  • 4.68Honduras
  • 4.79Brunei Darussalam
  • 5.03Jamaica
  • 5.63Kuwait
  • 7.52Qatar

10 least affordable places to live

House price vs average income ratio

  • 181.6Papua New Guinea
  • 133.77Barbados
  • 106Solomon Islands
  • 50.77Maldives
  • 50.57Bhutan
  • 40.91Vietnam
  • 40.8China
  • 36.34El Salvador
  • 32.33Venezuela
  • 32.05Tajikistan

The United Kingdom and Australia placed 44th and 58th respectively in the world’s most affordable places to live.

  • United Kingdom13.13
  • Australia15.49

Sources:
https://www.numbeo.com/cost-of-living/
https://tradingeconomics.com/
http://www.indexmundi.com/
http://www.globalpropertyguide.com/

(Source: Assured Removalists)

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