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:	26.43	26.43
Mortgage as Percentage of Income:	250.66%	250.66%
Loan Affordability Index:	0.40	0.40
Price to Rent Ratio - City Centre:	35.30	35.30
Price to Rent Ratio - Outside of Centre:	34.00	34.00
Gross Rental Yield (City Centre):	2.83%	2.83%
Gross Rental Yield (Outside of Centre):	2.94%	2.94%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Philippines Edit	Philippines Edit	Difference
Apartment (1 bedroom) in City Centre	17,639.74 ₱	17,639.74 ₱	0.0 %
Apartment (1 bedroom) Outside of Centre	9,771.90 ₱	9,771.90 ₱	0.0 %
Apartment (3 bedrooms) in City Centre	38,500.29 ₱	38,500.29 ₱	0.0 %
Apartment (3 bedrooms) Outside of Centre	20,223.01 ₱	20,223.01 ₱	0.0 %
Buy Apartment Price	Philippines Edit	Philippines Edit
Price per Square Feet to Buy Apartment in City Centre	13,829.52 ₱	13,829.52 ₱	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	7,188.27 ₱	7,188.27 ₱	0.0 %
Salaries And Financing	Philippines Edit	Philippines Edit
Average Monthly Net Salary (After Tax)	21,399.61 ₱	21,399.61 ₱	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	7.25	7.25	0.0 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	268	268

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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