Property Prices Comparison Between Costa Rica and United States

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Index	Costa Rica	United States
Price to Income Ratio:	9.43	4.95
Mortgage as Percentage of Income:	111.24%	44.75%
Loan Affordability Index:	0.90	2.23
Price to Rent Ratio - City Centre:	13.85	12.59
Price to Rent Ratio - Outside of Centre:	11.48	12.15
Gross Rental Yield (City Centre):	7.22%	7.94%
Gross Rental Yield (Outside of Centre):	8.71%	8.23%

Rent Per Month	Costa Rica Edit	United States Edit	Difference
Apartment (1 bedroom) in City Centre	378,748.09 ₡ (716.47 $)	967,548.72 ₡ (1,830.30 $)	+155.5 %
Apartment (1 bedroom) Outside of Centre	270,701.36 ₡ (512.08 $)	800,685.57 ₡ (1,514.65 $)	+195.8 %
Apartment (3 bedrooms) in City Centre	722,722.88 ₡ (1,367.17 $)	1,648,204.12 ₡ (3,117.89 $)	+128.1 %
Apartment (3 bedrooms) Outside of Centre	507,820.81 ₡ (960.64 $)	1,331,187.34 ₡ (2,518.19 $)	+162.1 %
Buy Apartment Price	Costa Rica Edit	United States Edit
Price per Square Feet to Buy Apartment in City Centre	109,196.49 ₡ (206.57 $)	240,902.01 ₡ (455.71 $)	+120.6 %
Price per Square Feet to Buy Apartment Outside of Centre	64,204.27 ₡ (121.45 $)	190,351.60 ₡ (360.09 $)	+196.5 %
Salaries And Financing	Costa Rica Edit	United States Edit
Average Monthly Net Salary (After Tax)	494,774.08 ₡ (935.96 $)	2,343,787.75 ₡ (4,433.71 $)	+373.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	10.27	6.63	-35.4 %
Last update:	July 2024	July 2024
Contributors in the past 12 months:	65	6809

Country data (source The World Bank, 2024)	Costa Rica	United States
GDP Per Capita (PPP) ($) :	22,100.00	64,600.00
GDP Growth Rate:	4.55	1.94
Population Growth Rate:	0.72	0.68

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