Property Prices in Ningbo, China

Index
Price to Income Ratio:	18.40
Mortgage as Percentage of Income:	141.60%
Loan Affordability Index:	0.71
Price to Rent Ratio - City Centre:	70.33
Price to Rent Ratio - Outside of Centre:	49.36
Gross Rental Yield (City Centre):	1.42%
Gross Rental Yield (Outside of Centre):	2.03%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,902.39 ¥	1,500.00-2,500.00
Apartment (1 bedroom) Outside of Centre	1,671.43 ¥	1,000.00-4,400.00
Apartment (3 bedrooms) in City Centre	4,416.67 ¥	3,000.00-6,500.00
Apartment (3 bedrooms) Outside of Centre	3,083.33 ¥	2,000.00-4,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	3,065.77 ¥	2,787.07-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre	1,690.82 ¥	1,393.53-1,858.05
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	6,956.75 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.66	3.00-6.00

These data are based on 64 entries in the past 18 months from 10 different contributors.
Last update: March 2021

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country data (source The World Bank, 2019)
GDP Per Capita ($) :	18,200.00
GDP Growth Rate:	6.90%
Population Growth Rate:	0.41%