Brazil · South America · Population: 12,300,000
Sao Paulo is moderately affordable compared to major global cities, with steady growth in property values. The city has affordable rents compared to global standards. At $180,000 average home price in Brazil, buyers should consider the 8.5x price-to-income ratio when planning a purchase.
| Average Home Price | $180,000 |
| Price per sqm | $3,500 |
| Price-to-Income Ratio | 8.5x |
| Mortgage Rate | 11.5% |
| 1-Year Price Change | +3.8% |
| 1-Bedroom Apartment | $650/mo |
| 3-Bedroom Apartment | $1,200/mo |
| Rent-to-Income Ratio | 30% |
| Median Household Income | $21,000/year |
| Years to Buy (at median income) | 8.5 years |
| Local Currency | BRL |
With a price-to-income ratio of 8.5x, Sao Paulo requires significant savings to purchase property. At a mortgage rate of 11.5%, monthly payments could consume a large share of income. Home prices have increased 3.8% in the past year.
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