Norilsk among cities with most affordable housing

Norilsk among cities with most affordable housing

April 07, 2021

You need to save money for four years to buy an apartment in the northern city.

#ARCTIC. #SIBERIA. THIS IS TAIMYR. Analysts of the Avito Real Estate service conducted a study, following which they named the cities of Russia with the most affordable secondary housing. Real estate in Norilsk turned out to be among the cheapest.

The study was carried out in three categories of cities: with a population of 100 to 300 thousand, up to a million inhabitants and among megalopolises. In the settlements of the first category, housing was recognized as the most affordable.

So, in cities with population of up to 300 thousand people, the shortest period for saving money for buying an apartment is on average four years. These cities are Zlatoust and Kopeysk (Chelyabinsk region), Novoshahtinsk (Rostov region), Rubtsovsk (Altai region), and Norilsk. According to Avito, a married couple in the northern city, with an average salary of 40 thousand rubles per month, can save about two million within four years.

It is curious that in cities with a population of up to a million people, the budget choice was available to residents of Togliatti and Kirov. In large cities with a population of over a million inhabitants, it is easiest to save up monbey in Chelyabinsk and Volgograd: five and seven years, respectively. But the most difficult thing in this regard is for Muscovites (19 years old), Sochi residents (16 years old), Sevastopol residents (15 years old) and Petersburgers (14 years old).

When calculating the period of savings for housing, it was assumed that a married couple saves for this purpose no more than 50 percent of their monthly income. At the same time, experts noted that thanks to mortgage programs and maternity capital, by February this year, the cost of a square meter of housing in the secondary market had risen by 16 percent and reached 63.5 thousand rubles on average in Russia.

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Text: Mikhail Tuaev, Photo: Nikolay Shchipko

April 07, 2021

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