Kyrgyzstan Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$32

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$12

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$353

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Kyrgyzstan Cost of Living trends and investment implications

Market Overview

Kyrgyzstan’s real estate market offers moderate growth potential, driven by a steady GDP growth rate of 3.8% annually, with housing prices increasing at a slightly faster pace. However, high interest rates of 10% challenge rental yield profitability, necessitating strategic investment in high-demand areas. Investors should leverage the favorable tax regime while being cautious about market volatility and currency risks.

Key Findings

Data-driven insights

•House prices grew by 5% annually, outpacing the GDP growth rate of 3.8%, indicating a robust property sector.
•Average rental yields in Bishkek are around 8%, but with interest rates at 10%, achieving positive cash flow is challenging.
•Population growth of 1.5% annually is not matched by housing supply, leading to increased demand and potential price appreciation.
•The tax burden on property transactions is relatively low, enhancing net returns, but currency volatility can impact foreign investors.

Market Trends

Historical patterns

•Growing urbanization is driving up demand in major cities like Bishkek and Osh.
•Increasing foreign interest, particularly from neighboring countries, is influencing market dynamics.
•The government's emphasis on infrastructure development is likely to enhance property values in connected regions.

For Investors

Actionable takeaways

•Top opportunities include investing in Bishkek and Osh for rental income and appreciation potential.
•Key risks involve interest rate fluctuations and local currency depreciation against major currencies.
•Best property types are 1-bedroom apartments in city centers and family homes in emerging suburbs.
•Consider buying now in anticipation of continued demand growth, but carefully hedge against currency risks.

Market Context

Compared to other Central Asian markets, Kyrgyzstan offers a more accessible entry point with lower property prices and a favorable tax environment. However, investors should navigate higher financial risks due to currency and interest rate volatility.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.