Portugal · Região Autónoma dos Açores
How much home does a salary buy in Madalena?
In Madalena, the average net yearly salary buys 10.9 m² of apartment. A 60 m² flat costs 5.5 full years of salary.
Price per m²€1,220median, n=65, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,1122024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²5.5
m² per year of pay10.9 m²
B Data quality: Official, one limitation
Prices and wages in Madalena, 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. | €719 (n=71) | €895 | 4.0 |
| 2022. | €676 (n=69) | €916 | 3.7 |
| 2023. | €765 (n=60) | €1,012 | 3.8 |
| 2024. | €1,220 (n=65) | €1,112 | 5.5 |
| 2025. | €1,025 (n=66) | – | – |
| 2026. | €1,277 (n=53) | – | – |