Purchasing power of average salary expressed in sqm of an apartment in CEE 2012-2021
In 2021, Latvians with a net monthly salary could buy the largest apartment size among the CEE countries, i.e., 0.81 square meters. In contrast, Belarusians could afford to buy 0.39 square meters of an apartment for a monthly salary. However, in many countries, the purchasing value has decreased due to significant increases in property prices in recent years, which was disproportionate to the growth in salaries.
