Property Prices Comparison Between Lithuania and Czech Republic

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Index	Lithuania	Czech Republic
Price to Income Ratio:	11.45	13.01
Mortgage as Percentage of Income:	83.47%	109.68%
Loan Affordability Index:	1.20	0.91
Price to Rent Ratio - City Centre:	27.24	26.96
Price to Rent Ratio - Outside of Centre:	23.10	25.90
Gross Rental Yield (City Centre):	3.67%	3.71%
Gross Rental Yield (Outside of Centre):	4.33%	3.86%

Rent Per Month	Lithuania Edit	Czech Republic Edit	Difference
Apartment (1 bedroom) in City Centre	608.66 € (15,165.73 Kč)	766.76 € (19,105.25 Kč)	+26.0 %
Apartment (1 bedroom) Outside of Centre	433.56 € (10,802.92 Kč)	603.27 € (15,031.52 Kč)	+39.1 %
Apartment (3 bedrooms) in City Centre	1,086.67 € (27,076.21 Kč)	1,294.59 € (32,257.05 Kč)	+19.1 %
Apartment (3 bedrooms) Outside of Centre	756.22 € (18,842.65 Kč)	965.15 € (24,048.52 Kč)	+27.6 %
Buy Apartment Price	Lithuania Edit	Czech Republic Edit
Price per Square Feet to Buy Apartment in City Centre	334.89 € (8,344.41 Kč)	407.37 € (10,150.37 Kč)	+21.6 %
Price per Square Feet to Buy Apartment Outside of Centre	200.19 € (4,988.20 Kč)	300.82 € (7,495.55 Kč)	+50.3 %
Salaries And Financing	Lithuania Edit	Czech Republic Edit
Average Monthly Net Salary (After Tax)	1,257.14 € (31,323.87 Kč)	1,464.62 € (36,493.46 Kč)	+16.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.02	5.76	+43.0 %
Last update:	May 2024	May 2024
Contributors in the past 12 months:	161	319

Country data (source The World Bank, 2024)	Lithuania	Czech Republic
GDP Per Capita (PPP) ($) :	40,000.00	41,100.00
GDP Growth Rate:	2.44	2.35
Population Growth Rate:	-1.04	0.10

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