In Warsaw, it's currently the most challenging to acquire your apartment

The ranking of housing affordability was prepared by the specialized portal Rynek Pierwotny (Primary Market). First, data on the average gross monthly salary in the business sector in a given city, as published by GUS, was collected, and then this was overlaid with information on the average prices of apartments offered by developer companies. Thus, the ranking concerns only the primary market, and the data comes from the BIG DATA database of RynekPierwotny.pl.

With the average salary in Warsaw being PLN 8,833 gross, one could theoretically buy only 0.59 sqm of an apartment. Meanwhile, in Katowice, where the average earnings are PLN 9,161 gross, apartment prices are not keeping up with the front-runners of the most expensive cities – the average price per square meter is PLN 10,500. So, in Katowice, with the average monthly salary, you can currently buy the largest piece of an apartment – 0.87 sqm.

(bizblog)