In 2021, Latvians with a net monthly salary could buy the largest apartment size among the CEE countries, i.e., 0.81 square meters. In contrast, Belarusians could afford to buy 0.39 square meters of an apartment for a monthly salary. However, in many countries, the purchasing value has decreased due to significant increases in property prices in recent years, which was disproportionate to the growth in salaries.
Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021
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Business Insider. (October 21, 2021). Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021 [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider. "Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021." Chart. October 21, 2021. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider. (2021). Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider. "Number of Square Meters of An Apartment That Can Be Bought with The Average Net Monthly Salary in Central and Eastern European Countries between 2012 and 2021." Statista, Statista Inc., 21 Oct 2021, https://www.statista.com/statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider, Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021 Statista, https://www.statista.com/statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/ (last visited November 17, 2024)
Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021 [Graph], Business Insider, October 21, 2021. [Online]. Available: https://www.statista.com/statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/