Property Prices in San Miguel de Allende, Mexico

Index
Price to Income Ratio:	8.61
Mortgage as Percentage of Income:	115.00%
Loan Affordability Index:	0.87
Price to Rent Ratio - City Centre:	4.27
Price to Rent Ratio - Outside of Centre:	5.94
Gross Rental Yield (City Centre):	23.40%
Gross Rental Yield (Outside of Centre):	16.83%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	20,000.00 MXN	15,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre	14,200.00 MXN	10,200.00-18,000.00
Apartment (3 bedrooms) in City Centre	45,000.00 MXN	25,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre	25,224.19 MXN	20,000.00-36,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,927.34 MXN	854.70-2,999.98
Price per Square Feet to Buy Apartment Outside of Centre	1,699.99 MXN
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	11,333.33 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	12.17	11.50-13.00

These data are based on 44 entries in the past 18 months from 9 different contributors.
Last update: October 2024

Sources and References

Nearby cities:

Property Prices in Celaya	30.90 miles
Property Prices in Queretaro (Santiago de Querétaro)	41.39 miles
Property Prices in Guanajuato	49.49 miles
Property Prices in Salamanca	54.16 miles
Property Prices in Irapuato	64.42 miles
Property Prices in Valle de Santiago	67.61 miles
Property Prices in Yuriria (Yuririhapundaro)	71.56 miles
Property Prices in Morelia	116.64 miles
Property Prices in San Luis Potosi	121.65 miles
Property Prices in Cuautitlan Izcalli	146.04 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	20,300.00
GDP Growth Rate:	3.90%
Population Growth Rate:	0.61%