Press "Enter" to skip to content

19 cities families has to spend a few decades on buying a living place (2018)

Feeling sorry because you’ll spend a decade paying off your home loan? Probably seeing people in these cities will make you feel less unfortunate.

19. Moscow, Russia

Home price / income ratio: 19.89

Moscow, Russia
Photo: Onthegotours

Moscow is the capital and most populous city of Russia, with 12.2 million residents within the city limits and 17.1 million within the urban area. Moscow is recognized as a Russian federal city. With a Home price / income ratio of 19.89, Moscow, Russia is the No.19 least affordable city in the world.

18. Belo Horizonte, Brazil

Home price / income ratio: 19.98

Belo Horizonte, Brazil
Photo: Wikimedia

Belo Horizonte is the sixth largest city in Brazil, the thirteenth largest city in South America and the eighteenth largest city in the Americas. The metropolis is anchor to the Belo Horizonte metropolitan area, ranked as the third most populous metropolitan area in Brazil and the seventeenth most populous in the Americas. With a Home price / income ratio of 19.98, Belo Horizonte, Brazil is the No.18 least affordable city in the world.

17. Lviv, Ukraine

Home price / income ratio: 20.18

Lviv, Ukraine
Photo: Wikimedia

Lviv is the largest city in western Ukraine and the seventh-largest city in the country overall, with a population of around 728,350 as of 2016. Lviv is one of the main cultural centres of Ukraine. With a Home price / income ratio of 20.18, Lviv, Ukraine is the No.17 least affordable city in the world.

16. Medellin, Colombia

Home price / income ratio: 20.35

Medellin, Colombia
Photo: Wikimedia

Medellín, officially the Municipality of Medellín, is the second-largest city in Colombia and the capital of the department of Antioquia. It is located in the Aburrá Valley, a central region of the Andes Mountains in South America. According to the National Administrative Department of Statistics, the city has an estimated population of 2.5 million as of 2017. With a Home price / income ratio of 20.35, Medellin, Colombia is the No.16 least affordable city in the world.

15. Rome, Italy

Home price / income ratio: 20.48

Rome, Italy
Photo: Wikispaces

Rome is the capital of Italy and a special comune. Rome also serves as the capital of the Lazio region. With 2,873,874 residents in 1,285 km2, it is also the country’s most populated comune. It is the fourth-most populous city in the European Union by population within city limits. With a Home price / income ratio of 20.48, Rome, Italy is the No.15 least affordable city in the world.

14. Sao Paulo, Brazil

Home price / income ratio: 20.74

Sao Paulo, Brazil
Photo: Wikimedia

São Paulo is a municipality in the southeast region of Brazil. The metropolis is an alpha global city and the most populous city in Brazil, the Western Hemisphere and the Southern Hemisphere. The municipality is also the Earth’s 13th largest city proper by population. The city is the capital of the surrounding state of São Paulo, one of 26 constituent states of the republic. With a Home price / income ratio of 20.74, Sao Paulo, Brazil is the No.14 least affordable city in the world.

13. Bangkok, Thailand

Home price / income ratio: 20.88

Bangkok, Thailand
Photo: Wikipedia

Bangkok is the capital and most populous city of the Kingdom of Thailand. It is known in Thai as Krung Thep Maha Nakhon or simply Krung Thep. The city occupies 1,568.7 square kilometres in the Chao Phraya River delta in Central Thailand, and has a population of over 8 million, or 12.6 percent of the country’s population. With a Home price / income ratio of 20.88, Bangkok, Thailand is the No.13 least affordable city in the world.

12. Guangzhou, China

Home price / income ratio: 20.91

Guangzhou, China
Photo: Wikimedia

With a Home price / income ratio of 20.91, Guangzhou, China is the No.12 least affordable city in the world.

11. Rio De Janeiro, Brazil

Home price / income ratio: 21.31

Rio De Janeiro, Brazil
Photo: Wikimedia

Rio de Janeiro, or simply Rio, is the second-most populous municipality in Brazil and the sixth-most populous in the Americas. The metropolis is anchor to the Rio de Janeiro metropolitan area, the second-most populous metropolitan area in Brazil and sixth-most populous in the Americas. With a Home price / income ratio of 21.31, Rio De Janeiro, Brazil is the No.11 least affordable city in the world.

10. Belgrade, Serbia

Home price / income ratio: 21.69

Belgrade, Serbia
Photo: Wikimedia

Belgrade is the capital and largest city of Serbia. It is located at the confluence of the Sava and Danube rivers, where the Pannonian Plain meets the Balkans. The urban area of the City of Belgrade has a population of 1.23 million, while nearly 1.7 million people live within its administrative limits. With a Home price / income ratio of 21.69, Belgrade, Serbia is the No.10 least affordable city in the world.

9. Tel Aviv-Yafo, Israel

Home price / income ratio: 21.82

Tel Aviv-Yafo, Israel
Photo: Wikimedia

With a Home price / income ratio of 21.82, Tel Aviv-Yafo, Israel is the No.9 least affordable city in the world.

8. London, United Kingdom

Home price / income ratio: 22.19

London, United Kingdom
Photo: Wikimedia

London is the capital and most populous city of England and the United Kingdom. Standing on the River Thames in the south east of the island of Great Britain, London has been a major settlement for two millennia. It was founded by the Romans, who named it Londinium. London’s ancient core, the City of London, largely retains its 1.12-square-mile medieval boundaries. With a Home price / income ratio of 22.19, London, United Kingdom is the No.8 least affordable city in the world.

7. Singapore, Singapore

Home price / income ratio: 22.20

Singapore, Singapore
Photo: Wikimedia

Singapore, officially the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia. It lies one degree north of the equator, at the southern tip of the Malay Peninsula, with Indonesia’s Riau Islands to the south and Peninsular Malaysia to the north. Singapore’s territory consists of one main island along with 62 other islets. With a Home price / income ratio of 22.20, Singapore, Singapore is the No.7 least affordable city in the world.

6. Algiers, Algeria

Home price / income ratio: 26.56

Algiers, Algeria
Photo: Wikimedia

Algiers is the capital and largest city of Algeria. In 2011, the city’s population was estimated to be around 3,500,000. An estimate puts the population of the larger metropolitan city to be around 5,000,000. Algiers is located on the Mediterranean Sea and in the north-central portion of Algeria. With a Home price / income ratio of 26.56, Algiers, Algeria is the No.6 least affordable city in the world.

5. Mumbai, India

Home price / income ratio: 28.17

Mumbai, India
Photo: Wikipedia

With a Home price / income ratio of 28.17, Mumbai, India is the No.5 least affordable city in the world.

4. Shenzhen, China

Home price / income ratio: 40.29

Shenzhen, China
Photo: Wikimedia

Shenzhen is a major city in Guangdong Province, China. It forms part of the Pearl River Delta megalopolis. The city is located immediately north of Hong Kong Special Administrative Region and holds sub-provincial administrative status, with powers slightly less than a province. With a Home price / income ratio of 40.29, Shenzhen, China is the No.4 least affordable city in the world.

3. Hong Kong, Hong Kong

Home price / income ratio: 41.08

Hong Kong, Hong Kong
Photo: Wikimedia

With a Home price / income ratio of 41.08, Hong Kong, Hong Kong is the No.3 least affordable city in the world.

2. Shanghai, China

Home price / income ratio: 42.84

Shanghai, China
Photo: Wikimedia

Shanghai is one of the four direct-controlled municipalities of China and the most populous city in the world, with a population of more than 24 million as of 2017. It is a global financial centre and transport hub, with the world’s busiest container port. Located in the Yangtze River Delta, it sits on the south edge of the estuary of the Yangtze in the middle portion of the East China coast. With a Home price / income ratio of 42.84, Shanghai, China is the No.2 least affordable city in the world.

1. Beijing, China

Home price / income ratio: 48.13

Beijing, China
Photo: Wikia

Beijing, formerly romanized as Peking, is the capital of the People’s Republic of China, the world’s second most populous city proper, and most populous capital city. The city, located in northern China, is governed as a direct-controlled municipality under the national government with 16 urban, suburban, and rural districts. With a Home price / income ratio of 48.13, Beijing, China is the No.1 least affordable city in the world.

Source: Numbeo