Rent index score of Manila Philippines 2016-2023

Published by
Christy Balita,
Nov 14, 2024

The capital city of Manila had a rent index score of 18.7 in 2022, indicating a significant decrease from the previous year. In the Asia Pacific region, Shanghai in China had the highest rent index score as of 2023. 

Rent index score of the city of Manila in the Philippines from 2016 to 2023

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Source

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Release date

November 2024

Region

Philippines

Survey time period

2016 to 2023

Supplementary notes

According to the source, the index is relative to New York City, which means that each index should be 100 percent. If another city has, for example, a rent index of 120, it means that, on average, rents in that city are 20 percent pricier than in New York City. If a city has a rent index of 70, that means that the city rents are 30 percent less expensive than in New York City.

The Rent Index is an estimation of prices of renting apartments in the city compared to New York City. If the rent index is 80, Numbeo has estimated that the price of rents in that city is on average 20% less than the price in New York.

The source did not provide a release date. Date given here is the access date.

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