Price/Rent Ratio in El Salvador compared to Latin America
This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Change Continent
| Argentina | 22 yrs |
| Chile | 21 yrs |
| Brazil | 18 yrs |
| Mexico | 18 yrs |
| Peru | 17 yrs |
| Panama | 16 yrs |
| Uruguay | 15 yrs |
| Dominican Republic | 15 yrs |
| Puerto Rico | 14 yrs |
| Colombia | 14 yrs |
| Costa Rica | 14 yrs |
No house price statistics are published in El Salvador. The Centro Nacional de Registros publishes no housing statistics. The Banco Central de Reserva de El Salvador produces good general statistical time-series, which are up to date and nicely displayed. This is an exemplary site for a country of this size. There are also excellent statistics on the financial system and on many other aspects of life in El Salvador at the Superintendencia del Sistema Financiero.