Czech flat prices equal over 13 years of average salary, double that of Ireland and Belgium
A new study shows an average apartment in Czechia costs the equivalent of 13.3 years of average gross earnings, about twice the burden faced in Ireland and Belgium.
Research by Česká spořitelna and the data platform Evropa v datech reveals that buying a typical flat in Czechia requires 13.3 years of average gross salary. This ratio is roughly double the affordability level recorded in Ireland and Belgium. The index also notes an improvement in Czech housing conditions compared with a previous survey, yet the country remains only 17th among EU members on this metric.
Why it matters
It shows how steep housing costs are for Czech residents compared with many EU peers.
In this story
housing affordabilityaverage salaryflat priceCzechiaEU housing indexIrelandBelgiumprosperity index
