Property Prices in Penticton, Canada

Index
Price to Income Ratio:	7.16
Mortgage as Percentage of Income:	67.48%
Loan Affordability Index:	1.48
Price to Rent Ratio - City Centre:	14.51
Price to Rent Ratio - Outside of Centre:	15.59
Gross Rental Yield (City Centre):	6.89%
Gross Rental Yield (Outside of Centre):	6.41%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,422.00 C$	1,200.00-1,800.00
Apartment (1 bedroom) Outside of Centre	1,316.67 C$	1,000.00-1,800.00
Apartment (3 bedrooms) in City Centre	2,312.67 C$	2,200.00-2,400.00
Apartment (3 bedrooms) Outside of Centre	2,166.67 C$	2,000.00-2,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	400.00 C$
Price per Square Feet to Buy Apartment Outside of Centre	400.00 C$
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,008.33 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	7.17	6.80-8.75

These data are based on 30 entries in the past 18 months from 8 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Vernon, BC	77.22 miles
Property Prices in Kelowna	170.51 miles
Property Prices in Kamloops	177.67 miles
Property Prices in Abbotsford	203.81 miles
Property Prices in Surrey	230.71 miles
Property Prices in Coquitlam	235.50 miles
Property Prices in New Westminster	236.68 miles
Property Prices in Burnaby	238.79 miles
Property Prices in Vancouver	246.39 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	49,000.00
GDP Growth Rate:	3.44%
Population Growth Rate:	0.73%