Central America: Property Prices Index by City 2023 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Mexico City, Mexico 15.5 6.4 5.7 15.6 17.5 193.5 0.5
Guatemala City, Guatemala 14.4 7.9 8.9 12.6 11.3 144.4 0.7
Panama City, Panama 11.7 8.8 8.2 11.4 12.2 99.9 1.0
Guadalajara, Mexico 10.2 6.1 7.9 16.4 12.7 124.0 0.8
San Jose, Costa Rica 10.1 8.1 8.4 12.3 12.0 102.9 1.0
Merida, Mexico 9.2 11.2 7.9 8.9 12.6 118.9 0.8
Monterrey, Mexico 7.8 9.1 9.0 11.0 11.2 98.6 1.0
Queretaro (Santiago de Querétaro), Mexico 5.2 14.0 7.8 7.2 12.8 64.8 1.5