Property Prices in Lipetsk, Russia

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Index
Price to Income Ratio:	9.22
Mortgage as Percentage of Income:	92.54%
Loan Affordability Index:	1.08
Price to Rent Ratio - City Centre:	23.86
Price to Rent Ratio - Outside of Centre:	29.26
Gross Rental Yield (City Centre):	4.19%
Gross Rental Yield (Outside of Centre):	3.42%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	15,000.0 руб
Apartment (1 bedroom) Outside of Centre	10,000.0 руб
Apartment (3 bedrooms) in City Centre	35,000.0 руб
Apartment (3 bedrooms) Outside of Centre	25,000.0 руб
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	8,221.85 руб	7,153.47-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre	6,967.67 руб
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	44,333.33 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.0

These data are based on 11 entries in the past 18 months from 3 different contributors.
Last update: May 2024

Sources and References

Nearby cities:

Property Prices in Yelets	50.09 miles
Property Prices in Michurinsk	57.75 miles
Property Prices in Voronezh	79.28 miles
Property Prices in Tula	180.54 miles
Property Prices in Kolomna	212.43 miles
Property Prices in Kursk	215.62 miles
Property Prices in Belgorod	235.74 miles
Property Prices in Serpukhov	237.67 miles
Property Prices in Kaluga	237.76 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	27,500.0
GDP Growth Rate:	-2.07%
Population Growth Rate:	-0.48%