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A Kirov resident needs to save for 4 years for a down payment on a mortgage – 62nd place in Russia

Photo: progorod43.ru

Analysts studied how long it takes residents of different regions of the Russian Federation to save for a down payment on a mortgage. The new rating appeared on the portal ria.ru.

Experts reported that as of the end of 2024, the average down payment on a mortgage in the Kirov region is 1 million 440 thousand rubles. To accumulate this amount, a resident of the region needs 4.1 years. According to this indicator, the subject occupies 62nd position.

For comparison, in the Magadan region this period is 2.2 years. The Yamalo-Nenets and Khanty-Mansiysk Autonomous Okrugs are also in the top three – 1.9 years. It is most difficult to start paying off a mortgage in Dagestan, Kabardino-Balkaria and Crimea: 7.4, 7.7 and 8.4 years, respectively.

We previously wrote that a resident of the Kirov region needs on average 8.7 years to become a millionaire.

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