How Many Salaries Do You Need to Buy a Flat?

House Price to Gross Wage (Nationwide Average) (years), 2014 or latest
Real Estate | October 18, 2018
$2.99
Excel Sheet

Based on a comparison of 26 countries in 2014, Bulgaria ranked the highest in average house price to gross wage nationwide with 2,116,384 years followed by New Zealand and Slovakia. On the other end of the scale was Germany with 3.40 years, Finland with 3.42 years and Hungary with 3.46 years.

Data for more countries are available at House Price to Gross Wage (Nationwide Average) indicator page.

House Price to Gross Wage (Nationwide Average) Unit 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Austria years ... ... 5.65 5.46 5.51 5.72 5.77 ...
Belgium years 5.04 5.09 4.99 5.21 5.23 ...
Bulgaria years 1,449,938 2,552,155 2,032,984 1,771,257 2,107,173
Canada years 5.98 5.77 5.98 6.22 6.45 ...
France years 6.22 5.46 5.49 5.46 5.27 ...
Japan years 5.97 6.23 6.20 6.38 6.18 ...
Latvia years ... ... ... ... ... ... ... ... ... ... 10.3 5.76 4.44 5.11 6.06 ...
Luxembourg years 5.93 5.85 5.57 5.70 5.59 ...
Netherlands years 6.55 6.44 5.94 5.91 5.74 ...
New Zealand years ... ... ... ... ... 8.84 7.90 8.33 8.00 8.12 ...
Norway years 5.98 5.40 5.36 5.58 6.11
Poland years ... ... ... ... ... ... ... ... ... ... 4.81 6.26 7.21 6.88 6.25 ...
Slovakia years ... ... ... ... 9.03 10.5 9.16 8.38 8.02 ...
Sweden years 5.68 5.53 5.67 5.90 5.81 ...
United Kingdom years 7.73 7.75 7.51 8.21 7.86 ...