The USA is huge variation but in my county median household income is $70k, median home price is $370k. It's a rural area but with 2 cities within 40 miles or so. In my location travel north and income and house prices increase, travel south and they both decrease. My mortgage including taxes and insurance is $1,200 per month.
That's not even a question that has one answer in my neighborhood, much less the whole city. And the whole US? Forget it.
Argentina
Houses and small apartments between 40K and 100K (USD)
Salaries are on average 180~250 USD
Rent is between 60 and 130 USD for one person.
That sucks! I feel for you and your fellow Argentinians.
Does a typical football match cost a lot? I have always wondered that about the game in some of the countries where it is the most popular sporting event. How many professional leagues are there? Do you have a favorite?
Mate, I really don't know anything about football haha, don't watch it at all, sorry to disappoint you.
you will have better luck asking guys here. usually all of them have a team that they adhere to
I had a look and it so happens there are 2 properties for sale within a few hundred meters from me.
€ 200,000 for a one room apartment of 46 m²
€ 560,000 for a large apartment with balcony
The nearest house costs a bit over € 1.2 million.
I got lucky with a cheap apartment ~40m² for € 662/month (which is almost as much as minimum wage here btw). Renting till I die I guess 🤷
Ontario here. The numbers they report are the “average” but I call bullshit. Reality Average one bedroom apartment $2500, 2 bedroom basement $1800. Utilities extra. Buy a townhouse $700-$1m. Detached $1m+. We are so fucked.
To be able to afford a 1 bedroom apartment one person must make around $80k a year. If you want to purchase a house, we’ll good luck unless your household income is over $200k and even then you’ll be scraping the bottom of the price barrel.
I'm in a college town, so... it varies wildly. You could probably rent a crack shack 10 miles from campus for basically nothing.
The floor for rent at a "decent" place is probably at least a grand. Actually buying a house? Who the fuck knows, but it'll definitely be obscene.
My university-owned apartment is $600 with a roommate, which is honestly a pretty good deal considering that utilities (including gigabit Ethernet!) are included.
Inner eastern Melbourne, Australia. Properties are bought by Chinese investors (not racist, stating a fact) for AU$1-2 million, demolished, replaced with McMansions, sold for over AU$4 million. Within ten years these garbage concrete boxes are cracking and falling apart.
Some suburbs look like McMansion ghettoes and are completely out of reach of ordinary people.
Small houses in most Florida Metro areas are in the 400k range... Multiple 3/2s in the 1500sq range are 500k+
Typical house is around 200 to 500k€. Mine was just 100k because I settled for a smaller one.
SW Ontario, Canada
$75K is a decent salary
4 bedroom house in a nice suburb: $750K-$900K
Townhouse in a a nice suburb: $650K-850K
You can get smaller houses in less desirable neighborhoods for $400K
1/5th of my annual income with a degree and 6 years degree related experience. It'd be less if I could save up a down payment and get a mortgage.
A house is 1/5th of your annual income and you can't save up a down payment?
A 20% down payment for you is only 2 weeks of your salary.
You could save income of about 6 hours worth of work each week to have a 20% down payment in a year
With an FHA loan, a down payment is 0.6% of your annual income.
Late last year I bought a house. 1 hour from work because I couldn't buy a house closer. It still cost 499k for 1480sq ft. My mortgage is $3600/mo
Moving closer to work and I couldn't find any similar sized homes for less than 750k and those were fixer-uppers.
A 600 sq.ft condo is about $850k. On the standalone house side an older 2000 sq.ft house goes for over $2 Million.
About 2x the cost as it is elsewhere! Also roughly half the price as somewhere else. I'd say generally housing in my area goes around market price.
Feel like numbeo is a good resource for this. Here in Dublin, Ireland it's horrendously expensive