The average price of apartments in Bucharest stands at EUR1,598 per square meter, and considering the average wage of RON5,225 (EUR1,064), the affordability index is 1.50, the second best among the 33 largest capital cities in Europe, an analysis based on data on the numbeo.ro portal at the end of September shows.
Bucharest is behind Brussels, the EU capital, which has a special status, though.
Apartment prices have gone up by about 50% in Bucharest since 2014, while the average wage in the city has risen 130% to RON5.225 and the euro/leu exchange rate has risen by less than 10%, Kiwi Finance says.
(English version by Loredana Fratila-Cristescu)