the middle valencian You have to dedicate the entire gross salary of 5.5 years (66 months) to the payment of the mortgage of your home purchased in 2022.
This is reflected in the study ‘Relation of wages and the purchase of housing in 2022’, based on the data of the average salaries of the job offers of the InfoJobs platform and on the average prices of second-hand housing for sale in the Fotocasa Real Estate Index. In 2022 the price of housing for sale in Valencia closed with an annual increase of 8.8% and placed the price in December at 1,575 euros/m2. This means that, taking into account the average gross salary registered by InfoJobs, which in 2022 was 22,991 euros (1,916 euros gross per month if we divide it into 12 payments); Valencians have to dedicate 5.5 years of their full salary to paying the mortgage on an 80-square-meter house.