Portugal · Algarve
How much home does a salary buy in Silves?
In Silves, the average net yearly salary buys 5.1 m² of apartment. A 60 m² flat costs 11.9 full years of salary.
Price per m²€2,731median, n=885, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,1512024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²11.9
m² per year of pay5.1 m²
A Data quality: Official city data
Prices and wages in Silves, 2021–2026
Price and wage are from the same year. Empty cells mean the official figure is not published (yet).
| Year | Price €/m² | Net wage €/month | Years of pay for 60 m² |
|---|---|---|---|
| 2021. | €1,796 (n=1030) | €938 | 9.6 |
| 2022. | €2,144 (n=1029) | €981 | 10.9 |
| 2023. | €2,347 (n=861) | €1,072 | 10.9 |
| 2024. | €2,731 (n=885) | €1,151 | 11.9 |
| 2025. | €3,045 (n=915) | – | – |
| 2026. | €3,282 (n=848) | – | – |