Comparing rental prices in Tehran with major cities in the world

28 November 2021
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Comparing rental prices in Tehran with major cities in the world

Each of us in life; We buy or rent a house at least once. The cost of rent or housing installments is an important part of any tenant or landlord’s expense portfolio. This makes housing prices important for everyone. In the face of housing prices, you may have asked yourself: “The situation of housing prices in other countries; “How different is it from Iran?” If you have the patience to search the web and look for the answer to your question, you will come up with different results; Which shows you the price of different houses in the world. With this search you may find $ 400 homes in Delhi, India and similar ones in San Francisco for $ 3,000. Given these results, you might think that housing prices in India are better than in the United States.

Do you think this comparison is correct?

First of all, for a fair comparison of housing prices in different cities; The two categories of “housing prices” and “average income of the community” need to be considered together. as you know; People’s incomes vary in different cities and countries of the world. Also, the income of people in a society is different from each other. In this comparison, we use official and global “average income” statistics. In fact, the figures you see in this text; The average income of people in different countries.

 

It is difficult to find a suitable benchmark for comparing the price of a working house. Parameters such as house size, neighborhood, facilities, year of construction and number of bedrooms affect the price of houses. With a little condescension and approximation; We can compare the cost of renting a two-bedroom apartment with ordinary facilities in a medium-sized neighborhood of the city. It should be noted that a review of the rental price gives a relatively good view of the property price.

In this article, we will examine the housing situation in the big cities of the world, and compare them with the property situation in a city like Tehran.

 

New Delhi, India

The average monthly salary in this city is less than $ 200. But it is interesting to know that to have a typical two bedroom house in New Delhi, you have to spend about $ 400. These numbers do not indicate that most people in Delhi are homeless. Rather, it indicates the existence of a large number of houses of lower than average quality; And the price is very low. Although the total income of working people in a family may be more than $ 200, the cost of living index in India is still very low. To put it more simply, most Indians experience low levels of well-being. Having a small house with low rents is acceptable to most people in this country. This can be seen in many other cities around the world.

Istanbul, Turkey

If you have a regular job in Istanbul, you get $ 870 a month. To live in Istanbul, you have to spend about $ 500 of your salary on rent. Although being a tourist in Istanbul has provided many job opportunities for its residents, the cost of living in this city is relatively high.

 

 

قیمت اجاره خانه در مکزیکوسیتی؛ برابر با کل متوسط دستمزد ماهیانه در مکزیک است، یعنی حدود 760 دلار. البته نباید فراموش کنیم که درآمد 760 دلاری، متوسط درآمد مردم مکزیک است، و درآمد مردم پایتخت این کشور نرخ بالاتری دارد. همچنین ارزش ملک در این شهرِ آمریکای مرکزی، سالانه 7 درصد افزایش پیدا می‌کند.

پراگ، جمهوری چک

اجاره‌ مسکن در پراگ 870 دلار هزینه دارد، که برابر با نیمی از 1680 دلار حقوق متوسط مردم جمهوری چک است. قیمت ملک در پراگ، سالانه حدود 30 درصد افزایش میابد که نرخ بالایی در بین شهرهای اروپایی محسوب می‌شود. این افزایش قیمت؛ مردم پراگ را با مشکل جدی مسکن روبرو کرده است.

Warsaw, Poland

With a monthly salary of $ 1170 in Poland, you have to pay $ 880 for rent. Warsaw today; It is a relatively modern city while preserving its traditional architecture. Although this price seems high for a city like Warsaw, the housing market in Poland is very stable and only 3% is added to the value of housing in this city annually.

Lisbon, Portugal

Portuguese people earn an average monthly salary of $ 1,830. In Lisbon; People spend half of their salary on housing. The growth rate of housing prices in Lisbon, Portugal, is about 40% per year, which is a high rate.

Moscow, Russia

Renting a house by our standards in Moscow is more expensive than the average income of the Russian people. The rent in this city is $ 1,000, and the average income of the Russian people is $ 830. Of course, it should not be forgotten that the income of the people in the capitals of the countries is a little more than the average income of the whole country. While Moscow is a tourist destination and there are many job opportunities in this city, the cost of living there is very high. Housing prices in the Russian capital are also falling by 5% annually.

Berlin, Germany

Rent an ordinary house in Berlin; It’s about a quarter of the average German’s salary. The rent in this city is about $ 1160, and the average salary in Germany is $ 3900. Of course housing prices in Germany; Experiences an increase of 11% per year. Among European cities, the Berlin housing market is relatively well off.

Vienna, Austria

At $ 4,100 in Vienna, Austria, 28 percent of household income is spent on rent; That’s $ 1,170 a month. The situation with housing prices in Austria is similar to that of its neighbor, Germany.

Chicago, USA

The average income of the American people is one of the highest in the world. The average income of the people of this country is $ 5,200. Housing rents vary widely from city to city in the United States. The city of Chicago can be considered a mediocre example for this country with $ 1400 rent. Of course, the cost of renting housing in other cities of this country; Like Boston, New York or San Francisco, it is about $ 2160, $ 2850, and $ 3660, respectively, which is a high rate.

Toronto, Canada

The average Canadian earns $ 3,700. In cities like Toronto or Vancouver, the rent is $ 1,500 to $ 1,600. Although the average person in Toronto or Vancouver earns more than the per capita income of Canadians, the cost of living in these cities is much higher than in other parts of the country.

 

Melbourne, Australia

The share of rental housing in major Australian cities such as Melbourne or Sydney is about 34 to 40 percent of the average income of the people of this country. Australian average income $ 4,400; And the rent in these cities is $ 1,500 to $ 2,000. Melbourne 9% increase in housing prices; The rate is acceptable.

Stockholm Sweden

Sweden is one of the most prosperous countries in Europe. Swedes earn an average of $ 4,600 a month. People in a city like Stockholm pay $ 1,550 for rent. Stockholm is one of the few cities that still retains its traditional texture.

Zurich, Switzerland

Income of the Swiss people; It averages over $ 7,000 a month. In the capital, renting a house costs $ 2,330. Switzerland is one of the richest countries in the world.

London, England

Housing prices are very high in the British capital. Even with an average income of $ 3400, living in London is very expensive. The people of this city have to pay $ 2400 per month to rent a house with the mentioned criteria.

Paris, France

Living in Paris; Like London, it is very expensive. Of the average French salary of $ 3,400, $ 2,800 is spent on rent. The average Parisian may earn more than the national average, but the cost of living in this city is high for many French people.

Tehran Iran

According to global statistics, our average income as Iranians is $ 450 per month. Statistical Center of Iran; The average income of each Tehrani family in 1998 has been announced as five million and three hundred thousand tomans per month. Of course, the average income of families in other cities of the country is about three million and six hundred thousand tomans.

 

It is very difficult to check housing prices in a metropolis like Tehran. Finding a home with the criteria defined in this city will bring you different prices. Although it is not possible to talk exactly about rent in Tehran, but in different parts of the city; Houses can be found as usual and with a rent of 3 to 5 million tomans. One of the reasons for the difference in rental prices is the amount of advance money or mortgage money. We suggest that you visit our site or application for more complete information on the price of renting or buying a house in Tehran or any other city, to get more complete information about the price situation.

It should not be forgotten that most of the cities mentioned in this article are the capitals of the countries. Therefore, the income of their people; About 10 to 15 percent more than the average income of the people of their country. There are many statistics on housing prices in different countries of the world that may differ. Economic and social policies, such as bank loans and real estate contracts, may make real situations different from statistical information. In India, for example, although people’s incomes are very low, the existence of houses commensurate with the economic situation of the society has stabilized the property market to some extent.Also, the rate of increase or decrease in property prices has a significant impact on the real housing situation in that community. 26% drop in housing prices in the Indian capital; And its 15% increase in Stockholm, Sweden, indicates that it relies solely on statistics; It is not possible to accurately assess the state of property in a community. While the housing situation in any society; It is based on the economic level of the members of that community. In India, very low quality houses may have low prices and most people in the community can afford housing. But in another country, despite the good quality housing, many people can not afford to afford housing.

Another issue that gets less attention is the number of people working in a family. In an Indian family, for example, there are usually more than two people engaged in economic activity. The income of an Indian family; It may be several times higher than the average individual income in India. This issue affects the analysis of housing prices in countries.

You can share your opinion or analysis of the condition of the property with us in the comments section.

 

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