Property Prices in Modena, Italy

Index
Price to Income Ratio:	6.61
Mortgage as Percentage of Income:	39.88%
Loan Affordability Index:	2.51
Price to Rent Ratio - City Centre:	20.06
Price to Rent Ratio - Outside of Centre:	14.12
Gross Rental Yield (City Centre):	4.98%
Gross Rental Yield (Outside of Centre):	7.08%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	600.00 €	500.00-800.00
Apartment (1 bedroom) Outside of Centre	500.00 €	450.00-600.00
Apartment (3 bedrooms) in City Centre	1,033.33 €	800.00-1,200.00
Apartment (3 bedrooms) Outside of Centre	783.33 €	600.00-1,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	239.22 €	232.26-371.61
Price per Square Feet to Buy Apartment Outside of Centre	134.71 €	111.48-148.64
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,521.43 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	1.93	1.75-2.00

These data are based on 71 entries in the past 18 months from 11 different contributors.
Last update: March 2021

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, 2019)
GDP Per Capita ($) :	38,200.00
GDP Growth Rate:	1.50%
Population Growth Rate:	0.19%