Property Prices in Modena, Italy

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Index
Price to Income Ratio:	8.62
Mortgage as Percentage of Income:	63.51%
Loan Affordability Index:	1.57
Price to Rent Ratio - City Centre:	20.97
Price to Rent Ratio - Outside of Centre:	19.10
Gross Rental Yield (City Centre):	4.77%
Gross Rental Yield (Outside of Centre):	5.23%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	743.00 €	650.00-900.00
Apartment (1 bedroom) Outside of Centre	600.00 €	500.00-750.00
Apartment (3 bedrooms) in City Centre	1,280.00 €	980.00-1,500.00
Apartment (3 bedrooms) Outside of Centre	983.33 €	800.00-1,400.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	309.67 €	278.71-325.16
Price per Square Feet to Buy Apartment Outside of Centre	222.97 €	213.68-232.26
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,662.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.15	2.50-4.90

These data are based on 84 entries in the past 18 months from 24 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Sassuolo	11.54 miles
Property Prices in Reggio Nell'emilia	20.36 miles
Property Prices in Bologna	27.23 miles
Property Prices in Mantova	44.94 miles
Property Prices in Ferrara	56.63 miles
Property Prices in Verona	64.92 miles
Property Prices in Ravenna	74.31 miles
Property Prices in Florence	86.50 miles
Property Prices in Vicenza	94.57 miles
Property Prices in Brescia	96.03 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	44,300.00
GDP Growth Rate:	3.72%
Population Growth Rate:	-0.11%