Property Prices Comparison Between Colombia and Colombia

For major cities in those countries you get more relevant data by specifying cities.

City in Colombia:
City in Colombia:

Index	Colombia	Colombia
Price to Income Ratio:	17.56	17.56
Mortgage as Percentage of Income:	254.92%	254.92%
Loan Affordability Index:	0.39	0.39
Price to Rent Ratio - City Centre:	19.19	19.19
Price to Rent Ratio - Outside of Centre:	19.54	19.54
Gross Rental Yield (City Centre):	5.21%	5.21%
Gross Rental Yield (Outside of Centre):	5.12%	5.12%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Colombia Edit	Colombia Edit	Difference
Apartment (1 bedroom) in City Centre	1,429,626.18 Col$	1,429,626.18 Col$	0.0 %
Apartment (1 bedroom) Outside of Centre	1,179,317.78 Col$	1,179,317.78 Col$	0.0 %
Apartment (3 bedrooms) in City Centre	2,673,220.96 Col$	2,673,220.96 Col$	0.0 %
Apartment (3 bedrooms) Outside of Centre	2,140,896.54 Col$	2,140,896.54 Col$	0.0 %
Buy Apartment Price	Colombia Edit	Colombia Edit
Price per Square Feet to Buy Apartment in City Centre	565,779.90 Col$	565,779.90 Col$	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	468,968.22 Col$	468,968.22 Col$	0.0 %
Salaries And Financing	Colombia Edit	Colombia Edit
Average Monthly Net Salary (After Tax)	1,585,628.57 Col$	1,585,628.57 Col$	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	13.53	13.53	0.0 %
Last update:	December 2024	December 2024
Contributors in the past 12 months:	154	154

Country data (source The World Bank, 2024)	Colombia	Colombia
GDP Per Capita (PPP) ($) :	15,600.00	15,600.00
GDP Growth Rate:	7.26	7.26
Population Growth Rate:	0.54	0.54

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