Property Prices Comparison Between Philippines and Philippines

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

City in Philippines:
City in Philippines:

Index	Philippines	Philippines
Price to Income Ratio:	23.29	23.29
Mortgage as Percentage of Income:	221.31%	221.31%
Loan Affordability Index:	0.45	0.45
Price to Rent Ratio - City Centre:	32.37	32.37
Price to Rent Ratio - Outside of Centre:	29.99	29.99
Gross Rental Yield (City Centre):	3.09%	3.09%
Gross Rental Yield (Outside of Centre):	3.33%	3.33%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Philippines Edit	Philippines Edit	Difference
Apartment (1 bedroom) in City Centre	17,442.53 ₱	17,442.53 ₱	0.0 %
Apartment (1 bedroom) Outside of Centre	9,699.37 ₱	9,699.37 ₱	0.0 %
Apartment (3 bedrooms) in City Centre	36,963.97 ₱	36,963.97 ₱	0.0 %
Apartment (3 bedrooms) Outside of Centre	20,201.76 ₱	20,201.76 ₱	0.0 %
Buy Apartment Price	Philippines Edit	Philippines Edit
Price per Square Feet to Buy Apartment in City Centre	12,356.20 ₱	12,356.20 ₱	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	6,312.09 ₱	6,312.09 ₱	0.0 %
Salaries And Financing	Philippines Edit	Philippines Edit
Average Monthly Net Salary (After Tax)	21,570.91 ₱	21,570.91 ₱	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	7.28	7.28	0.0 %
Last update:	July 2024	July 2024
Contributors in the past 12 months:	266	266

Country data (source The World Bank, 2024)	Philippines	Philippines
GDP Per Capita (PPP) ($) :	8,600.00	8,600.00
GDP Growth Rate:	7.57	7.57
Population Growth Rate:	1.58	1.58

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