Warsaw almost as expensive as Madrid, Lisbon, and Rome
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The offer price of new apartments in Warsaw in December exceeded PLN 12,000 per 1 sqm. Warsaw prices are already close to Madrid, Rome, and Lisbon. We are at the end of the European rate with the purchasing power of an apartment for an average salary.
According to the numbeo.com website, where the information is entered by users, the Warsaw price per square meter of a flat outside the city center, i.e. PLN 11,760 in January 2022, is much higher than the prices in Athens – PLN 8,918 per 1 sqm. Well, Greece is in a crisis for many years. There is no such crisis, however, in Spain or Italy, and it turns out that prices in Warsaw are similar to the capitals of these countries. In Madrid, the average price is PLN 13,655 per 1 sqm, and in Rome – PLN 14,930.
The European ceiling is the housing prices in Paris and Luxembourg. In the capital of France, you have to pay as much as PLN 42,000 for 1 sqm of apartments outside the city center. In the center of Paris, it is already on average PLN 57,500. It turns out that the average Parisian can afford only 0.3 sqm for an average salary, while a resident of Warsaw – 0.43 sqm.
