In Paris, a 25 m² studio apartment costs around 267,000 euros. For the same price, it is possible to acquire a 206 m² apartment in Saint-Etienne. When looking at the price differences, one might realize that they are not so badly off after all. In Paris, the cost per square meter is approximately 10,000 euros when deciding to invest in an apartment. This is a significant amount for an investment that remains secure in the capital.
However, with an equivalent budget, what can one buy in other cities in France? The website Pap, from Particulier en particulier, conducted a test and compared prices in several major cities in France (Saint-Etienne, Reims, Grenoble, and Lille), as well as in slightly more remote towns.
In Paris, studios of around 25 m² are the most sought after, both for renting and buying. According to Pap, the median studio apartment costs 267,000 euros. “The cheapest neighborhood is La Chapelle (203,900 euros) and the most expensive is Odéon (median price of 400,000 euros),” specifies Particulier en particulier.
For a budget of 267,000 euros, here is what one can acquire in France:
– A 206 m² apartment in Saint-Etienne
– A 99 m² apartment in Grenoble
– An 89 m² apartment in Marseille
– A 70 m² apartment in Rennes
– A 69 m² apartment in Lille
– A 52 m² apartment in Lyon
In more remote towns, the differences are even more pronounced. In the Nièvre, the price per square meter is around 1000 euros. At this price, one can afford a 260 m² house. Alternatively, a 100 m² apartment in a ski resort, particularly in Chamrousse in the Isère, where the median price per square meter is 2,584 euros.
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