Property Prices Comparison Between Italy and Montenegro

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

City in Italy:
City in Montenegro:

Index	Italy	Montenegro
Price to Income Ratio:	10.31	12.48
Mortgage as Percentage of Income:	80.15%	106.61%
Loan Affordability Index:	1.25	0.94
Price to Rent Ratio - City Centre:	24.38	16.28
Price to Rent Ratio - Outside of Centre:	20.57	16.97
Gross Rental Yield (City Centre):	4.10%	6.14%
Gross Rental Yield (Outside of Centre):	4.86%	5.89%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Italy Edit	Montenegro Edit	Difference
Apartment (1 bedroom) in City Centre	760.04 €	604.11 €	-20.5 %
Apartment (1 bedroom) Outside of Centre	570.20 €	460.96 €	-19.2 %
Apartment (3 bedrooms) in City Centre	1,364.48 €	1,122.38 €	-17.7 %
Apartment (3 bedrooms) Outside of Centre	963.01 €	815.86 €	-15.3 %
Buy Apartment Price	Italy Edit	Montenegro Edit
Price per Square Feet to Buy Apartment in City Centre	375.21 €	202.18 €	-46.1 %
Price per Square Feet to Buy Apartment Outside of Centre	231.19 €	157.40 €	-31.9 %
Salaries And Financing	Italy Edit	Montenegro Edit
Average Monthly Net Salary (After Tax)	1,582.76 €	775.21 €	-51.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.78	5.92	+23.8 %
Last update:	May 2024	May 2024
Contributors in the past 12 months:	1138	121

Country data (source The World Bank, 2024)	Italy	Montenegro
GDP Per Capita (PPP) ($) :	44,300.00	22,100.00
GDP Growth Rate:	3.72	6.41
Population Growth Rate:	-0.11	-0.43

Moving to Italy? Explore:

Moving to Montenegro? Explore:

Other comparisons Italy vs Montenegro:

About In the News Newsletter API

Copyright © 2009-2024 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy