Property Prices Comparison Between France and Latvia

For major cities in those countries you get more relevant data by specifying cities.

City in France:
City in Latvia:

Index	France	Latvia
Price to Income Ratio:	11.29	8.96
Mortgage as Percentage of Income:	79.08%	66.46%
Loan Affordability Index:	1.26	1.50
Price to Rent Ratio - City Centre:	35.75	24.35
Price to Rent Ratio - Outside of Centre:	31.87	21.62
Gross Rental Yield (City Centre):	2.80%	4.11%
Gross Rental Yield (Outside of Centre):	3.14%	4.63%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	France Edit	Latvia Edit	Difference
Apartment (1 bedroom) in City Centre	777.67 €	461.25 €	-40.7 %
Apartment (1 bedroom) Outside of Centre	590.56 €	319.78 €	-45.9 %
Apartment (3 bedrooms) in City Centre	1,477.54 €	815.62 €	-44.8 %
Apartment (3 bedrooms) Outside of Centre	1,157.66 €	539.71 €	-53.4 %
Buy Apartment Price	France Edit	Latvia Edit
Price per Square Feet to Buy Apartment in City Centre	577.65 €	225.83 €	-60.9 %
Price per Square Feet to Buy Apartment Outside of Centre	396.76 €	136.21 €	-65.7 %
Salaries And Financing	France Edit	Latvia Edit
Average Monthly Net Salary (After Tax)	2,322.66 €	1,086.94 €	-53.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.57	4.23	+18.3 %
Last update:	June 2024	June 2024
Contributors in the past 12 months:	691	86

Country data (source The World Bank, 2024)	France	Latvia
GDP Per Capita (PPP) ($) :	45,900.00	33,000.00
GDP Growth Rate:	2.45	3.36
Population Growth Rate:	0.21	-1.13

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