Property Prices Comparison Between Germany and Slovakia

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

City in Germany:
City in Slovakia:

Index	Germany	Slovakia
Price to Income Ratio:	9.32	14.48
Mortgage as Percentage of Income:	67.67%	108.12%
Loan Affordability Index:	1.48	0.92
Price to Rent Ratio - City Centre:	28.03	29.53
Price to Rent Ratio - Outside of Centre:	30.41	28.28
Gross Rental Yield (City Centre):	3.57%	3.39%
Gross Rental Yield (Outside of Centre):	3.29%	3.54%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Germany Edit	Slovakia Edit	Difference
Apartment (1 bedroom) in City Centre	918.50 €	599.31 €	-34.8 %
Apartment (1 bedroom) Outside of Centre	695.04 €	482.31 €	-30.6 %
Apartment (3 bedrooms) in City Centre	1,703.93 €	984.17 €	-42.2 %
Apartment (3 bedrooms) Outside of Centre	1,298.52 €	736.95 €	-43.2 %
Buy Apartment Price	Germany Edit	Slovakia Edit
Price per Square Feet to Buy Apartment in City Centre	528.98 €	344.62 €	-34.9 %
Price per Square Feet to Buy Apartment Outside of Centre	435.69 €	257.70 €	-40.9 %
Salaries And Financing	Germany Edit	Slovakia Edit
Average Monthly Net Salary (After Tax)	2,784.54 €	1,119.19 €	-59.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.98	4.30	+8.2 %
Last update:	June 2024	June 2024
Contributors in the past 12 months:	1076	132

Country data (source The World Bank, 2024)	Germany	Slovakia
GDP Per Capita (PPP) ($) :	54,000.00	33,200.00
GDP Growth Rate:	1.81	1.75
Population Growth Rate:	-0.12	-0.13

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Other comparisons Germany vs Slovakia:

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