Find out actual data about & Safety Index in Ado-ekiti, Nigeria
| Index | |
|---|---|
| Price to Income Ratio | 18.00 |
| Mortgage as Percentage of Income | 334.31% |
| Loan Affordability Index | 0.30 |
| Price to Rent Ratio – City Centre | 4.72 |
| Price to Rent Ratio – Outside of Centre | 2.95 |
| Gross Rental Yield (City Centre) | 21.16% |
| Gross Rental Yield (Outside of Centre) | 33.88% |
| country data (source The World Bank, 2021) | |
| GDP Per Capita ($) | 5,136.00 |
| GDP Growth Rate | 0.80% |
| Population Growth Rate | 2.53% |
Rent Per Month in Nigeria
| Apartment (1 bedroom) in City Centre | 559.91$ | 193.37$ – 1160.23$ |
| Apartment (1 bedroom) Outside of Centre | 363.32$ | 103.13$ – 709.03$ |
| Apartment (3 bedrooms) in City Centre | 1189.44$ | 386.74$ – 3222.86$ |
| Apartment (3 bedrooms) Outside of Centre | 802.25$ | 193.37$ – 1933.72$ |
Buy Apartment Price in Nigeria
| Price per Square Meter to Buy Apartment in City Centre | 624$ | 257.83$ – 1206.87$ |
| Price per Square Meter to Buy Apartment Outside of Centre | 257.85$ | 64.46$ – 644.57$ |
Salaries And Financing in Nigeria
| Average Monthly Net Salary (After Tax) | 122.5$ | 0$ – 0$ |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 18.06$ | 10$ – 22$ |
These data are based on 3406 entries in the past 30 months from 55 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 Ado-ekiti in 2023 and 2024 Prediction
Housing costs are an important factor for quality of life in Ado-ekiti. According to statistics, the average price per square meter of property in Ado-ekiti is around 624$
in the city center and 363$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 559$ per month.
Property price growth has stabilized in recent years, making housing less affordable. Rental yields range from 2%.
While carrying some premium over national averages, overall housing in Ado-ekiti remains mid-range compared to similar sized cities globally.
This increases disposable income and cost of living for residents.
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