Property Prices Comparison Between Vanuatu and United States

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Index	Vanuatu	United States
Price to Income Ratio:	30.27	3.51
Mortgage as Percentage of Income:	303.87%	31.53%
Loan Affordability Index:	0.33	3.17
Price to Rent Ratio - City Centre:	8.88	9.31
Price to Rent Ratio - Outside of Centre:	6.50	9.10
Gross Rental Yield (City Centre):	11.26%	10.74%
Gross Rental Yield (Outside of Centre):	15.39%	10.99%

Rent Per Month	Vanuatu Edit	United States Edit	Difference
Apartment (1 bedroom) in City Centre	246,515.12 VT (2,076.41 $)	208,816.07 VT (1,758.87 $)	-15.3 %
Apartment (1 bedroom) Outside of Centre	190,611.84 VT (1,605.53 $)	171,630.19 VT (1,445.65 $)	-10.0 %
Apartment (3 bedrooms) in City Centre	273,621.17 VT (2,304.72 $)	348,696.56 VT (2,937.08 $)	+27.4 %
Apartment (3 bedrooms) Outside of Centre	256,278.46 VT (2,158.64 $)	284,528.92 VT (2,396.60 $)	+11.0 %
Buy Apartment Price	Vanuatu Edit	United States Edit
Price per Square Feet to Buy Apartment in City Centre	36,705.69 VT (309.17 $)	38,114.50 VT (321.04 $)	+3.8 %
Price per Square Feet to Buy Apartment Outside of Centre	22,238.94 VT (187.32 $)	30,517.84 VT (257.05 $)	+37.2 %
Salaries And Financing	Vanuatu Edit	United States Edit
Average Monthly Net Salary (After Tax)	52,394.34 VT (441.32 $)	526,737.29 VT (4,436.73 $)	+905.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.00	6.56	-17.9 %
Last update:	June 2024	October 2024
Contributors in the past 12 months:	9	7761

Country data (source The World Bank, 2024)	Vanuatu	United States
GDP Per Capita (PPP) ($) :	2,800.00	64,600.00
GDP Growth Rate:	1.85	1.94
Population Growth Rate:	1.59	0.68

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