Buying an apartment in Uzbekistan takes nearly 17 years of savings, study finds

The study estimates that the average Uzbek resident would need 16 years and 9 months of continuous savings to afford a standard apartment. This is the longest saving period in the region and nearly twice as long as in Kazakhstan, where residents can reach the same goal in 7 years and 8 months.

Based on an average monthly salary of $482, Geostatistika calculates the typical apartment price at roughly $96,800 in Uzbekistan. For comparison, residents of Kyrgyzstan would need around 13 years and 6 months to save for a home, while those in Tajikistan would require approximately 15 years and 9 months.

The researchers did not specify the size or technical characteristics of the apartments used in their calculations. However, they attributed the sharp differences in saving periods across the region to a combination of uneven wage levels and significant disparities in housing prices per square meter.