How Many Years of Work in the U.S. to Buy a House in Europe? 2009-2024

This chart illustrates how many years one needs to work in the U.S. to buy a house in Europe from 2009 to 2024. Using NUMBEO's Price to Income Ratio, the estimated house prices for each European country were calculated by multiplying each country's ratio by their per capita GDP. Then, the estimated house prices were divided by the U.S.'s GDP to determine the approximate number of years required. Note that this calculation does not account for living costs, taxes, or other expenses.

How Many Years of Work in the U.

This chart illustrates how many years one needs to work in the U.

Change Chart

    The Price to Income Ratio is an indicator that compares the cost of housing to household income, showing how expensive housing is in a specific region. It reflects how many years of household income are needed to buy a house.

    RankNameIndicator
    1
    Luxembourg
    14 yrs
    2
    Switzerland
    13.74 yrs
    3
    Ireland
    9.32 yrs
    4
    Norway
    8.65 yrs
    5
    Austria
    7.63 yrs
    6
    France
    6.82 yrs
    7
    Germany
    6.23 yrs
    8
    United Kingdom
    5.92 yrs
    9
    Malta
    5.57 yrs
    10
    Sweden
    5.55 yrs
    10
    Iceland
    5.55 yrs
    12
    Netherlands
    5.53 yrs
    13
    Denmark
    5.49 yrs
    14
    Finland
    5.36 yrs
    15
    Italy
    4.96 yrs
    16
    Czech Republic
    4.50 yrs
    17
    Slovenia
    4.46 yrs
    18
    Belgium
    4.42 yrs
    19
    Slovakia
    4.40 yrs
    20
    Portugal
    4.28 yrs