Property Prices in Biella, Italy

Index
Price to Income Ratio:	3.17
Mortgage as Percentage of Income:	23.06%
Loan Affordability Index:	4.34
Price to Rent Ratio - City Centre:	18.59
Price to Rent Ratio - Outside of Centre:	11.52
Gross Rental Yield (City Centre):	5.38%
Gross Rental Yield (Outside of Centre):	8.68%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	400.0 €
Apartment (1 bedroom) Outside of Centre	350.0 €
Apartment (3 bedrooms) in City Centre	550.0 €
Apartment (3 bedrooms) Outside of Centre	450.0 €
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	134.71 €	111.48-185.8
Price per Square Feet to Buy Apartment Outside of Centre	71.23 €	65.03-74.32
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,750.0 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.02	3.1-4.9

These data are based on 24 entries in the past 18 months from 8 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Montalto Dora	17.55 miles
Property Prices in Vercelli	26.44 miles
Property Prices in Novara	35.56 miles
Property Prices in Turin	48.25 miles
Property Prices in Varese	58.83 miles
Property Prices in Milan	63.39 miles
Property Prices in Alessandria	64.57 miles
Property Prices in Monza	68.25 miles
Property Prices in Agrate Brianza	71.36 miles
Property Prices in Como	72.68 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	44,300.0
GDP Growth Rate:	3.72%
Population Growth Rate:	-0.11%