Totally useless. Capital cities differ wildly. Most of the difference can be explained by the amount of social housing in what is arbitrarily determined to be the city center. On top of that every city has local ordinances that skew this number. And the presence of a university or a national financial center too has a massive impact.
Damn I should move to Switzerland where things seem to be so cheap
detract 25%-30% from that 60% from Italy. This is the average non taxed income of every Italian not working for the state earning under the table on an established notion that taxes are to high to be real.
60%* 0.7 = Real cost of the rent.
edit: also called black cash, black wage, non taxed wage, freedom money.
What sucks about this kind of comparison is that the people who mostly need to rent apartments in capital city center are young professionals, who are most likely making less than the average salary.
Istanbul would put Turkey #1 on the list
This is the stat where 80% of the citizens from any EU countries believe they are the worst.
I have been living in Hungary, Austria and in the Netherlands and literally everyone agreed their country is the least affordable on housing.
Shouldn’t that be looking at the median salary, and not average? Looking at the average doesn’t really make much sense, IMO
Portugal is actually fucked. Housing takes the majority of young people’s income, which is why a lot of us end up moving to richer countries. Something needs to be done about this 🙁
Given average tends to slew to higher levels it would interesting to see median vs median
Can confirm for Bulgaria. Average salary is ~1100-1200 leva (550-600€) after taxes and you can easily get in the center of Sofia decent apartment for 600 leva (300€).
best way to increase car ownership: make it impossible to survive without one.
Why color in countries if all stats only depend on a few cities?
Seems a bit silly on the face of it. Capitols usually have higher wages as well as higher rents. And what is “the center of the capitol”? In the US, you can’t actually buy or rent something within 1/4 mile of the actual capitol, it’s all government, then owned by rich people, then finally you get out to where not-quite-as-rich people can rent.
Coloring in a map with dubious numbers doesn’t constitute informing people.
Yeah, good luck renting an apartment in Warsaw right after graduating from university, especially when the inflation is the worst since like 20 years. You can’t call this convenient.
no wonder people still stay with their parents in italy, 66% then you add electricity, food, water and gas and you’re under
This makes Switzerland look incredibly affordable
One thing to note, Russia has one of the highest home ownerships percentages in the world @ 89% in 2018.
Approximately 40%, well maybe 55% if someone sleeps and works in different rooms. Where does 88% come from?
Poland Wrocław. Im fresh after uni, get masters. I earn like little above minimal wage. Its actually around 2300 zł (its less than 500 euro) after taxes. Minimal price for super small studio apartament here is 2000 zł month. Good luck.
Greece is 53%?! This is one shitty map!
Turkey is really being hit hard by mismanagement tjen.
Russia is a suprise, but life in Russia has always been abit more difficult than Europe. And current situation they are under various sanctions and so.
Russia is insanely rich in rescources but inequality has a history going back centuries.
If i ever hear german socialists complaining about prices i’ll help Poland invade. Cheapest rent, cheapest power, cheapest gas, cheap food and the list goes on.
Do it for Munich please and let’s see how far we go
WTF? I’m moving to ~~Zurich~~ ~~Basel~~ ~~Geneva~~ Bern.
29 comments
Data from https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=26
Totally useless. Capital cities differ wildly. Most of the difference can be explained by the amount of social housing in what is arbitrarily determined to be the city center. On top of that every city has local ordinances that skew this number. And the presence of a university or a national financial center too has a massive impact.
Damn I should move to Switzerland where things seem to be so cheap
detract 25%-30% from that 60% from Italy. This is the average non taxed income of every Italian not working for the state earning under the table on an established notion that taxes are to high to be real.
60%* 0.7 = Real cost of the rent.
edit: also called black cash, black wage, non taxed wage, freedom money.
What sucks about this kind of comparison is that the people who mostly need to rent apartments in capital city center are young professionals, who are most likely making less than the average salary.
Istanbul would put Turkey #1 on the list
This is the stat where 80% of the citizens from any EU countries believe they are the worst.
I have been living in Hungary, Austria and in the Netherlands and literally everyone agreed their country is the least affordable on housing.
Shouldn’t that be looking at the median salary, and not average? Looking at the average doesn’t really make much sense, IMO
Portugal is actually fucked. Housing takes the majority of young people’s income, which is why a lot of us end up moving to richer countries. Something needs to be done about this 🙁
Given average tends to slew to higher levels it would interesting to see median vs median
Can confirm for Bulgaria. Average salary is ~1100-1200 leva (550-600€) after taxes and you can easily get in the center of Sofia decent apartment for 600 leva (300€).
best way to increase car ownership: make it impossible to survive without one.
Why color in countries if all stats only depend on a few cities?
Seems a bit silly on the face of it. Capitols usually have higher wages as well as higher rents. And what is “the center of the capitol”? In the US, you can’t actually buy or rent something within 1/4 mile of the actual capitol, it’s all government, then owned by rich people, then finally you get out to where not-quite-as-rich people can rent.
Coloring in a map with dubious numbers doesn’t constitute informing people.
Yeah, good luck renting an apartment in Warsaw right after graduating from university, especially when the inflation is the worst since like 20 years. You can’t call this convenient.
no wonder people still stay with their parents in italy, 66% then you add electricity, food, water and gas and you’re under
This makes Switzerland look incredibly affordable
One thing to note, Russia has one of the highest home ownerships percentages in the world @ 89% in 2018.
[https://tradingeconomics.com/russia/home-ownership-rate#:~:text=Home%20Ownership%20Rate%20in%20Russia%20averaged%2081.81%20percent%20from%202000,of%2058.20%20percent%20in%202000](https://tradingeconomics.com/russia/home-ownership-rate#:~:text=Home%20Ownership%20Rate%20in%20Russia%20averaged%2081.81%20percent%20from%202000,of%2058.20%20percent%20in%202000).
The cost of renting an apartment in Montenegro is so high that they decided it would be better to just flood the entire country.
Basically, invertially prooportional to how rich the country is….
Based on posts from r/Ireland, you’d think they’d be on par with Ukraine
Where did this data come from.
The average salary in Moscow is about 95-120 thousand rubles, minus 13% tax – https://gogov.ru/average-salary/msk.
The average cost of renting a one-bedroom apartment in Moscow is 39 thousand rubles, two-bedroom is 56 thousand rubles – https://www.vedomosti.ru/realty/news/2021/07/23/879336-stoimost-zhilya-v-moskve-vernulas-pokazatelyam
Approximately 40%, well maybe 55% if someone sleeps and works in different rooms. Where does 88% come from?
Poland Wrocław. Im fresh after uni, get masters. I earn like little above minimal wage. Its actually around 2300 zł (its less than 500 euro) after taxes. Minimal price for super small studio apartament here is 2000 zł month. Good luck.
Greece is 53%?! This is one shitty map!
Turkey is really being hit hard by mismanagement tjen.
Russia is a suprise, but life in Russia has always been abit more difficult than Europe. And current situation they are under various sanctions and so.
Russia is insanely rich in rescources but inequality has a history going back centuries.
If i ever hear german socialists complaining about prices i’ll help Poland invade. Cheapest rent, cheapest power, cheapest gas, cheap food and the list goes on.
Do it for Munich please and let’s see how far we go
WTF? I’m moving to ~~Zurich~~ ~~Basel~~ ~~Geneva~~ Bern.
This whole map should be red