10 Countries with Most Affordable Housing in the World

1. South Korea

Affordability Index: 81.92

Profitability of Ownership Index: 102.81

Average Score: 2.5

In January 2023, the average price of a home in Seoul, South Korea, was $680,000. Apartments were even more expensive, at an average price of $900,000. In other cities across the country, homes were priced at around $8,000 per square meter. Despite these high prices, South Korea is still one of the cheapest countries to live in the world, with a high standard of living.

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