The years John Doe works for a new apartment in various Budapest districts

There is a vast difference in how realistic it is for the average citizen to ever buy the “average new build” in Budapest. Calculating with the statistical bureau’s median salaries and the average price of new apartments based on real estate listings, poor John needs to set aside every penny of his net salary for over 70 years to find a home in the most exclusive neighborhoods of Budapest.

The difference between the districts not only reflects the difference between average prices per sqm, but also the typical sizes of the average new apartment.