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
Caracas, Venezuela 27.4 11.6 6.2 8.6 16.2 653.2 0.2
Buenos Aires, Argentina 27.2 3.3 3.1 30.5 32.8 1224.2 0.1
Sao Paulo, Brazil 23.6 5.2 4.7 19.3 21.1 275.6 0.4
Rio de Janeiro, Brazil 23.3 4.3 5.1 23.4 19.7 268.0 0.4
Fortaleza, Brazil 22.8 3.4 4.4 29.3 22.9 279.2 0.4
Bogota, Colombia 20.8 4.8 4.7 20.9 21.5 288.7 0.3
Santiago, Chile 19.9 4.3 3.9 23.3 25.5 162.8 0.6
Santo Domingo, Dominican Republic 19.0 9.1 6.5 11.0 15.4 247.4 0.4
Belo Horizonte, Brazil 18.6 4.2 4.9 24.0 20.3 214.2 0.5
Lima, Peru 18.2 6.1 5.4 16.5 18.5 200.4 0.5
Porto Alegre, Brazil 17.2 4.7 4.5 21.5 22.3 201.4 0.5
Medellin, Colombia 17.0 6.1 5.0 16.5 19.9 217.8 0.5
Florianopolis, Brazil 16.9 4.4 4.5 22.8 22.3 177.1 0.6
Mexico City, Mexico 15.5 6.4 5.7 15.6 17.5 193.5 0.5
Asuncion, Paraguay 15.4 6.8 7.7 14.6 12.9 181.2 0.6
Goiania, Brazil 14.5 5.1 4.8 19.7 20.9 168.5 0.6
Guatemala City, Guatemala 14.4 7.9 8.9 12.6 11.3 144.4 0.7
Vancouver, Canada 14.4 4.0 4.2 25.0 23.6 126.8 0.8
Victoria, Canada 14.4 3.9 3.7 25.9 26.7 131.2 0.8
Quito, Ecuador 14.3 5.5 4.7 18.0 21.3 182.1 0.5
Curitiba, Brazil 14.0 3.9 4.0 25.6 24.7 162.0 0.6
Campinas, Brazil 13.7 5.2 4.0 19.2 25.0 146.2 0.7
Brasilia, Brazil 13.4 4.6 4.1 21.9 24.3 157.4 0.6
Santa Cruz, Bolivia 13.3 7.1 6.7 14.1 14.9 118.7 0.8
Toronto, Canada 13.3 4.0 4.2 25.1 23.9 113.8 0.9
Panama City, Panama 11.7 8.8 8.2 11.4 12.2 99.9 1.0
Cali, Colombia 10.5 5.8 4.4 17.3 22.5 135.8 0.7
Quebec City, Canada 10.2 2.0 5.5 50.2 18.3 96.4 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
New York, NY, United States 10.0 5.5 5.3 18.1 18.8 90.0 1.1
Sao Jose dos Campos, Brazil 9.9 6.1 6.0 16.4 16.5 102.1 1.0
Mississauga, Canada 9.7 4.5 5.1 22.0 19.5 87.5 1.1
Ottawa, Canada 9.7 4.2 4.1 23.5 24.5 91.3 1.1
San Diego, CA, United States 9.5 5.7 5.0 17.6 20.0 84.6 1.2
Guayaquil, Ecuador 9.5 7.4 5.6 13.5 17.8 98.1 1.0
Montevideo, Uruguay 9.4 5.3 6.2 19.0 16.1 90.6 1.1
San Jose, CA, United States 9.3 3.8 4.7 26.1 21.4 83.9 1.2
Merida, Mexico 9.2 11.2 7.9 8.9 12.6 118.9 0.8
San Francisco, CA, United States 9.1 6.2 5.2 16.2 19.3 81.1 1.2
Honolulu, HI, United States 9.0 5.9 6.5 16.9 15.5 81.2 1.2
Montreal, Canada 8.4 3.8 5.1 26.5 19.5 70.7 1.4
San Juan, Puerto Rico 8.3 12.5 11.3 8.0 8.8 64.2 1.6
Boston, MA, United States 8.2 5.3 6.3 18.8 15.9 74.3 1.3
Madison, WI, United States 8.0 5.2 6.0 19.2 16.7 70.5 1.4
Monterrey, Mexico 7.8 9.1 9.0 11.0 11.2 98.6 1.0
Columbus, OH, United States 7.8 3.9 6.6 25.4 15.2 68.7 1.5
Raleigh, NC, United States 7.3 5.3 7.4 18.8 13.4 65.1 1.5
Los Angeles, CA, United States 6.7 6.2 6.9 16.2 14.4 60.7 1.6
Nanaimo, BC, Canada 6.7 7.2 6.2 13.9 16.0 60.7 1.6
Austin, TX, United States 6.5 5.8 9.0 17.1 11.1 59.1 1.7
Winnipeg, Canada 6.5 6.1 6.4 16.4 15.7 58.7 1.7
Seattle, WA, United States 6.4 6.4 6.9 15.7 14.5 57.2 1.7
Portland, OR, United States 6.1 6.2 6.8 16.3 14.7 55.8 1.8
Calgary, Canada 6.0 5.8 6.6 17.3 15.1 54.7 1.8
Miami, FL, United States 6.0 8.6 13.2 11.7 7.5 54.7 1.8
Kelowna, Canada 6.0 6.7 7.8 14.9 12.9 53.6 1.9
Boise, ID, United States 6.0 6.9 7.2 14.4 13.8 54.5 1.8
Washington, DC, United States 6.0 6.5 7.9 15.4 12.6 53.6 1.9
Reno, NV, United States 5.3 9.3 9.5 10.8 10.5 48.8 2.1
San Antonio, TX, United States 5.2 6.6 5.9 15.2 17.0 46.3 2.2
Queretaro (Santiago de Querétaro), Mexico 5.2 14.0 7.8 7.2 12.8 64.8 1.5
Oklahoma City, OK, United States 5.0 8.0 7.8 12.5 12.8 45.1 2.2
Jacksonville, FL, United States 4.9 6.7 6.5 14.9 15.5 42.7 2.3
London, Canada 4.9 7.0 7.4 14.4 13.5 41.0 2.4
Tampa, FL, United States 4.7 7.6 11.3 13.1 8.9 41.2 2.4
Charlotte, NC, United States 4.4 10.0 10.6 10.0 9.4 39.5 2.5
Orlando, FL, United States 4.3 8.0 11.5 12.5 8.7 37.8 2.6
Dallas, TX, United States 4.2 7.9 12.0 12.6 8.3 37.6 2.7
Albuquerque, NM, United States 4.2 6.2 7.9 16.1 12.7 37.4 2.7
Fort Lauderdale, FL, United States 4.2 9.4 12.3 10.7 8.2 38.5 2.6
Las Vegas, NV, United States 3.9 11.5 9.9 8.7 10.1 35.5 2.8
Ann Arbor, MI, United States 3.8 9.3 10.1 10.8 9.9 34.5 2.9
Denver, CO, United States 3.8 9.0 9.3 11.1 10.7 33.4 3.0
Nashville, TN, United States 3.7 10.1 12.3 9.9 8.2 33.7 3.0
Edmonton, Canada 3.4 9.0 8.5 11.2 11.8 29.6 3.4
Salt Lake City, UT, United States 3.4 9.6 10.8 10.4 9.3 31.1 3.2
Phoenix, AZ, United States 2.8 11.8 12.2 8.5 8.2 24.3 4.1
Chicago, IL, United States 2.7 12.2 11.9 8.2 8.4 24.3 4.1
Atlanta, GA, United States 2.7 13.1 14.0 7.6 7.1 23.4 4.3
Colorado Springs, CO, United States 2.4 12.3 12.3 8.1 8.1 21.8 4.6
Houston, TX, United States 2.1 11.8 15.7 8.5 6.4 19.2 5.2