Find out actual data about & Safety Index in Bahir Dar, Ethiopia
| Index | |
|---|---|
| Price to Income Ratio | 31.83 |
| Mortgage as Percentage of Income | 519.61% |
| Loan Affordability Index | 0.19 |
| Price to Rent Ratio – City Centre | 11.03 |
| Price to Rent Ratio – Outside of Centre | 15.60 |
| Gross Rental Yield (City Centre) | 9.07% |
| Gross Rental Yield (Outside of Centre) | 6.41% |
| country data (source The World Bank, 2021) | |
| GDP Per Capita ($) | 2,221.00 |
| GDP Growth Rate | 10.90% |
| Population Growth Rate | 2.50% |
Rent Per Month in Ethiopia
| Apartment (1 bedroom) in City Centre | 472.06$ | 213$ – 900$ |
| Apartment (1 bedroom) Outside of Centre | 233.39$ | 92$ – 450$ |
| Apartment (3 bedrooms) in City Centre | 1754.82$ | 1000$ – 2700$ |
| Apartment (3 bedrooms) Outside of Centre | 650.38$ | 350$ – 1000$ |
Buy Apartment Price in Ethiopia
| Price per Square Meter to Buy Apartment in City Centre | 1680$ | 1020$ – 2586$ |
| Price per Square Meter to Buy Apartment Outside of Centre | 990.25$ | 422$ – 1500$ |
Salaries And Financing in Ethiopia
| Average Monthly Net Salary (After Tax) | 209.73$ | 0$ – 0$ |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.59$ | 12$ – 17$ |
These data are based on 2110 entries in the past 20 months from 247 different contributors.
Last update: August 2023
Our data for each country is based on all entries from all cities in that country.
Property Prices in Bahir Dar in 2023 and 2024 Prediction
Housing costs are an important factor for quality of life in Bahir Dar. According to statistics, the average price per square meter of property in Bahir Dar is around 1680$
in the city center and 233$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 472$ per month.
Property price growth has risen in recent years, making housing less affordable. Rental yields range from 5%.
While carrying some premium over national averages, overall housing in Bahir Dar remains reasonably priced compared to similar sized cities globally.
This reduces disposable income and cost of living for residents.
Bahir Dar Weather
Bahir Dar Map
Property Prices Rates & Safety Index in Ethiopia
Property Prices in Awassa (Hawassa)
Property Prices in Adama (Nazret, Nazareth)
Check Cost of Living & Quality of Life Index for Bahir Dar
Safety Index in Bahir Dar
Health Care in Bahir Dar
Pollution Index in Bahir Dar
Quality of life in Bahir Dar
Cost of Living in Bahir Dar