Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021
Characteristic
2012
2021
Latvia
0.76
0.81
Bulgaria
0.63
0.8
Estonia
0.7
0.66
Ukraine
0.39
0.6
Lithuania
0.5
0.6
Romania
0.43
0.59
Moldova
0.38
0.59
Hungary
0.66
0.57
Bosnia and Herzegovina
0.53
0.56
Slovenia
0.49
0.53
Slovakia
0.63
0.53
North Macedonia
-
0.48
Czechia
0.61
0.43
Montenegro
-
0.43
Croatia
0.44
0.42
Serbia
0.38
0.41
Russia
0.42
0.4
Poland
0.51
0.39
Belarus
0.34
0.39
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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.
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Business Insider. (October 21, 2021). Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider. "Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021." Chart. October 21, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider. (2021). Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider. "Number of Square Meters of An Apartment That Can Be Bought with The Average Net Monthly Salary in Central and Eastern European Countries between 2012 and 2021." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Oct 2021, /statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
Business Insider, Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021 ÌÇÐÄÆƽâ°æ, /statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/ (last visited July 30, 2026)
Number of square meters of an apartment that can be bought with the average net monthly salary in Central and Eastern European countries between 2012 and 2021 [Graph], Business Insider, October 21, 2021. [Online]. Available: /statistics/1271035/cee-purchasing-power-of-the-average-wage-expressed-in-flat-square-meters/
