Property Prices in Ningbo, China

Index
Price to Income Ratio:	20.16
Mortgage as Percentage of Income:	162.04%
Loan Affordability Index:	0.62
Price to Rent Ratio - City Centre:	59.00
Price to Rent Ratio - Outside of Centre:	43.48
Gross Rental Yield (City Centre):	1.69%
Gross Rental Yield (Outside of Centre):	2.30%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	2,950.00 ¥	2,300.00-4,500.00
Apartment (1 bedroom) Outside of Centre	2,833.33 ¥	2,500.00-3,000.00
Apartment (3 bedrooms) in City Centre	6,250.00 ¥	6,000.00-7,000.00
Apartment (3 bedrooms) Outside of Centre	4,625.00 ¥	4,000.00-6,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	3,808.99 ¥	3,437.38-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre	2,392.23 ¥	2,043.85-2,787.07
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	8,275.67 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.17	4.65-6.00

These data are based on 42 entries in the past 18 months from 7 different contributors.
Last update: September 2022

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	16,117.00
GDP Growth Rate:	6.14%
Population Growth Rate:	0.26%