Ministry Examines Housing Expenses in Fiscal 2019-20

February 28, 2021
real estate

T he Statistics Center of the Ministry of Cooperatives, Labor and Social Welfare has reviewed housing expenses of Iranian urban and rural households in the last fiscal year (March 2019-20) in a new report.

Average housing expenses for urban and rural households increased by 29.5% and 25.3% respectively in the year ending March 2020 compared with the previous year.

The share of average annual expenses related to rents and other housing costs in the average annual expenses of households increased by 31.3% for urban households and 32.7% for rural households in the last fiscal year.

Average rent expenses increased by 21.8% for urban households and by 17.3% for rural households in the year ending March 2020 compared with the year before.

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