Rents have risen (much) more than salaries. The average impact on employee paychecks reaches 46%

Rents have risen (much) more than salaries. The average impact on employee paychecks reaches 46%
Rents have risen (much) more than salaries. The average impact on employee paychecks reaches 46%

Salaries have increased much less than inflation, conversely rents have risen more. As for employees who live in provincial capitals, the costs for the house eat up once increasingly significant portion of the paycheck. To do the calculations And The sun 24 hours which examines the evolution of free rents between 2018 and 2023. In the space of five years the weight of the installment on incomes has risen, on average, from 31.6% to 35.2%. But there are cities like Florence where the rent almost takes away the half the salary (46.5%), others like Rome, Venice or Bologna where it remains above 40%. It’s just a little better Milan (37.5%). The situation improves instead in Genoa (25.2%), Turin (26.6%) or Palermo (27.8%). Halfway Naples (31.7%) and Bari (31.3%).

The capitals where the relationship between the value of the salary and rent is more favorable are instead Alessandria, Asti, Biella, Enna and Vercelliwhere you stay between 17 and 18%. In absolute values, the highest average monthly rents are those of Milan (1,122 euros). Then Florence (967) and Rome (947 euros). The widespread presence of apartments intended for short-term rentals, aimed mainly at tourists, is also likely to have an impact in these cities. Overall in 2018 the average rate of all the capitals it was 615 euros while in 2023 it had reached the 731 euros. If it had kept the same pace as inflation, Il Sole 24 Ore calculates, it would have had to stop at 715 euros. The lowest rents are recorded in Caltanisetta (302 euros), Enna (304)Isernia (312) and Asti (327).

Milan is also one of the cities where the incidence of cost of house on income rose the most in the five years analyzed, with a increase of 6.3%, the same as Bologna and preceded only by Vicenza (+ 8.5%). There are around twenty cities in which the ratio has improved, including Ascoli, Campobasso, Imperia, Syracuse, Reggio Calabria and Udine. An improvement that may depend both on installments that have moved little or have fallen, and on salaries that have grown proportionately more.

 
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