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Sort: Alphabetically  |  Ascending Rank  |  Descending Rank


Belize   48.53x
Dom. Rep.   30.86x
Jamaica   27.79x
Barbados   26.72x
Antigua   24.83x
St Lucia   22.47x
St Kitts and Nevis   21.24x
Bahamas   14.94x
Trinidad & T.   12.86x
Puerto Rico   3.40x

 

 

Caribbean: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Statistics for the Caribbean. Statistical work in the Caribbean is weak, and house price statistics are almost non-existent. The partial exception is the US Virgin Islands, which benefits from a multiple listings system.

 





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