An appoximation of salaries per country based oecd, worlddata and other sources providing estimated average wages by country as compared to housing prices.
- Switzerland – $82,000
- Luxembourg – $73,500
- United States – $70,000
- United Arab Emirates – $58,000
- Australia – $55,000
- Denmark – $53,000
- Singapore – $52,000
- Norway – $51,000
- Hong Kong – $50,500
- Netherlands – $50,000
- Belgium – $48,500
- Ireland – $47,500
- Sweden – $47,000
- Saudi Arabia – $47,000
- Finland – $45,500
- New Zealand – $45,000
- Austria – $45,000
- United Kingdom – $44,800
- France – $42,900
- South Korea – $42,000
- Israel – $42,000
- Canada – $41,500
- Germany – $49,500
- Japan – $40,000
- Italy – $33,000
- Spain – $30,800
- Slovenia – $25,000
- Portugal – $23,000
- Greece – $21,000
- Estonia – $20,500
- Czech Republic – $20,000
- Poland – $19,500
- Slovakia – $19,000
- Lithuania – $18,000
- Latvia – $17,500
- Hungary – $16,500
- South Africa – $16,000
- Malaysia – $12,000
- Albania – $12,000
- Turkey – $9,500
- Kosovo – $9,000
- Thailand – $9,000
- Russia – $8,600
- Mexico – $8,500
- Brazil – $7,500
- Colombia – $7,000
- Lebanon – $6,800
- India – $6,800
- Jordan – $6,500
- Argentina – $6,200
- Tunisia – $5,300
- Egypt – $4,800
- Pakistan – $4,500
- Algeria – $4,200
- Bangladesh – $4,000
- Sri Lanka – $4,700
- Morocco – $5,000
- Cambodia – $3,800
- Nigeria – $3,600
- Vietnam – $3,500
- Laos – $3,400
- Kenya – $3,000
- Ghana – $2,800
- Uganda – $2,500
- Myanmar – $2,500
- Ethiopia – $2,200
- Nepal – $2,100
Here is a list of average house prices by country, based on the latest data:
- Switzerland: $1,150,000
- Singapore: $915,000
- Luxembourg: $840,000
- New Zealand: $710,000
- Hong Kong SAR: $1,250,000
- Australia: $600,000
- United States: $400,000
- Germany: $340,000
- Canada: $550,000
- France: $350,000
- United Kingdom: $340,000
- Ireland: $325,000
- South Korea: $400,000
- Sweden: $375,000
- Japan: $280,000
- Austria: $320,000
- Netherlands: $380,000
- Denmark: $450,000
- Finland: $310,000
- Norway: $450,000
- Belgium: $330,000
- Italy: $250,000
- Spain: $270,000
- Czech Republic: $280,000
- Portugal: $250,000
- Malta: $270,000
- Cyprus: $260,000
- South Africa: $100,000
- Greece: $200,000
- Romania: $150,000
- Latvia: $170,000
- Turkey: $140,000
- Mexico: $120,000
- Malaysia: $90,000
- India: $80,000
- Indonesia: $70,000
- Brazil: $90,000
- Chile: $180,000
- Philippines: $80,000
- Morocco: $100,000
- Colombia: $80,000
- Thailand: $120,000
- Peru: $70,000
- Kosovo: $90,000
- Albania: $75,000
To compare average salaries with average house prices across different countries and see how many times the house price is compared to the salary, we can calculate the ratio of house price to salary. This ratio tells us how many years’ worth of salary is required to buy a house. Here’s a breakdown:
| Country | Average Salary ($) | Average House Price ($) | Ratio (House Price / Salary) |
|---|---|---|---|
| Switzerland | 82,000 | 1,150,000 | 14.02 |
| Luxembourg | 73,500 | 840,000 | 11.43 |
| United States | 70,000 | 400,000 | 5.71 |
| United Arab Emirates | 58,000 | Not Listed | Not Listed |
| Australia | 55,000 | 600,000 | 10.91 |
| Denmark | 53,000 | 450,000 | 8.49 |
| Singapore | 52,000 | 915,000 | 17.60 |
| Norway | 51,000 | 450,000 | 8.82 |
| Hong Kong | 50,500 | 1,250,000 | 24.81 |
| Netherlands | 50,000 | 380,000 | 7.60 |
| Belgium | 48,500 | 330,000 | 6.81 |
| Ireland | 47,500 | 325,000 | 6.84 |
| Sweden | 47,000 | 375,000 | 7.98 |
| Saudi Arabia | 47,000 | Not Listed | Not Listed |
| Finland | 45,500 | 310,000 | 6.81 |
| New Zealand | 45,000 | 710,000 | 15.78 |
| Austria | 45,000 | 320,000 | 7.11 |
| United Kingdom | 44,800 | 340,000 | 7.60 |
| France | 42,900 | 350,000 | 8.16 |
| South Korea | 42,000 | 400,000 | 9.52 |
| Israel | 42,000 | Not Listed | Not Listed |
| Canada | 41,500 | 550,000 | 13.27 |
| Germany | 49,500 | 340,000 | 6.86 |
| Japan | 40,000 | 280,000 | 7.00 |
| Italy | 33,000 | 250,000 | 7.58 |
| Spain | 30,800 | 270,000 | 8.76 |
| Slovenia | 25,000 | Not Listed | Not Listed |
| Portugal | 23,000 | 250,000 | 10.87 |
| Greece | 21,000 | 200,000 | 9.52 |
| Estonia | 20,500 | Not Listed | Not Listed |
| Czech Republic | 20,000 | 280,000 | 14.00 |
| Poland | 19,500 | Not Listed | Not Listed |
| Slovakia | 19,000 | Not Listed | Not Listed |
| Lithuania | 18,000 | Not Listed | Not Listed |
| Latvia | 17,500 | 170,000 | 9.71 |
| Hungary | 16,500 | Not Listed | Not Listed |
| South Africa | 16,000 | 100,000 | 6.25 |
| Malaysia | 12,000 | 90,000 | 7.50 |
| Albania | 12,000 | 75,000 | 6.25 |
| Turkey | 9,500 | 140,000 | 14.74 |
| Kosovo | 9,000 | 90,000 | 10.00 |
| Thailand | 9,000 | 120,000 | 13.33 |
| Russia | 8,600 | Not Listed | Not Listed |
| Mexico | 8,500 | 120,000 | 14.12 |
| Brazil | 7,500 | 90,000 | 12.00 |
| Colombia | 7,000 | 80,000 | 11.43 |
| Lebanon | 6,800 | Not Listed | Not Listed |
| India | 6,800 | 80,000 | 11.76 |
| Jordan | 6,500 | Not Listed | Not Listed |
| Argentina | 6,200 | Not Listed | Not Listed |
| Tunisia | 5,300 | Not Listed | Not Listed |
| Egypt | 4,800 | 100,000 | 20.83 |
| Pakistan | 4,500 | Not Listed | Not Listed |
| Algeria | 4,200 | Not Listed | Not Listed |
| Bangladesh | 4,000 | Not Listed | Not Listed |
| Sri Lanka | 4,700 | Not Listed | Not Listed |
| Morocco | 5,000 | 100,000 | 20.00 |
| Cambodia | 3,800 | Not Listed | Not Listed |
| Nigeria | 3,600 | Not Listed | Not Listed |
| Vietnam | 3,500 | Not Listed | Not Listed |
| Laos | 3,400 | Not Listed | Not Listed |
| Kenya | 3,000 | Not Listed | Not Listed |
| Ghana | 2,800 | Not Listed | Not Listed |
| Uganda | 2,500 | Not Listed | Not Listed |
| Myanmar | 2,500 | Not Listed | Not Listed |
| Ethiopia | 2,200 | Not Listed | Not Listed |
| Nepal | 2,100 | Not Listed | Not Listed |
Summary
- Hong Kong: 24.81 times
- Singapore: 17.60 times
- New Zealand: 15.78 times
- Turkey: 14.74 times
- Mexico: 14.12 times
- Czech Republic: 14.00 times
- Switzerland: 14.02 times
- Brazil: 12.00 times
- Thailand: 13.33 times
- Canada: 13.27 times
- India: 11.76 times
- Colombia: 11.43 times
- Luxembourg: 11.43 times
- Portugal: 10.87 times
- Australia: 10.91 times
- Kosovo: 10.00 times
- Greece: 9.52 times
- South Korea: 9.52 times
- Latvia: 9.71 times
- Spain: 8.76 times
- Norway: 8.82 times
- France: 8.16 times
- Sweden: 7.98 times
- Malaysia: 7.50 times
- Austria: 7.11 times
- Netherlands: 7.60 times
- United Kingdom: 7.60 times
- Japan: 7.00 times
- Germany: 6.86 times
- Ireland: 6.84 times
- Finland: 6.81 times
- Belgium: 6.81 times
- South Africa: 6.25 times
- Albania: 6.25 times
