Housing Cost Explorer

Colombia & USA · real prices, measured in minimum-wage salaries

Estimated home price · National (median)
$415,000
Minimum-wage salaries
330
monthly salaries to pay it in full
Years of gross income
27.5
earning minimum wage, spending nothing
Minimum wage 2026
$1.3K
$1,257

Your plan to buy it

With your income and savings rate, how long until the keys?

Down payment
20% down payment · $83K
Never
Full price in cash
$415K today · target grows 2.8%/yr while you save
Never

Never at this pace: the home price grows faster than your savings, so the gap keeps widening. Save at least 42% of this income (or earn more return) to get there.

Both goals rise with home price growth (2.8%/yr) as you save — you are chasing a moving target.

Then vs. now

Pick a year and see if a minimum wage bought more house back then.

Harder today: in 2000 this home cost 185 minimum salaries — now it takes 330 (145 more).
MetricThen · 2000Now · 2026
Monthly minimum wage$893$1,257
Estimated price of this home$165,300$415,000
Salaries to buy it185330

Minimum salaries needed to buy this home, by year

Historical prices estimated with the national used-housing price index (nominal); minimum wage is the official rate for each year.

How much have prices risen?

Pick any two years — the chart and averages follow your range.

+86%
Total increase · 20102026
4%
Avg. per year (CAGR)
+49%
Inflation, same period
+25%
Real increase (above inflation)

Home prices vs. inflation · 2010 = 100

Price of this home over the years · 20102026

The real price discounts inflation (CPI): every year is expressed in 2010 money, so the two lines start together and the gap that opens up is exactly the accumulated inflation. Where the real line rises, housing got more expensive beyond inflation.

Housing vs. other investments

Same money, same years — housing (appreciation + rent) against stocks, fixed income and inflation.

After 15 years: housing $1.3M · stocks $1.7M · fixed income $803.1K

Real-life historical averages

  • US home prices (FRED median): ~3.4%/yr (1990–2026); ~6%/yr in the 2012–2022 boom
  • Gross rental yield US: ~4–7%/yr (≈5% typical)
  • S&P 500 total return (1990–2026): ~10%/yr
  • 12-month CDs (2024–2026): ~4–5%/yr · long-run T-bill average ~3%
  • US inflation: ~2.6%/yr average (2000–2026), peak 9.1% in 2022

Educational comparison with constant average rates. Property costs (taxes, maintenance, vacancy) not modeled. Not investment advice.

Data sources & methodology

Colombia: official minimum wage decrees (1984–2026, incl. Decrees 1469/1470 of 2025 setting 2026 at $1,750,905 COP); price per m² from La Galería Inmobiliaria / Ciencuadras market reports (2026); historical prices approximate Banco de la República's used-housing price index (IPVU). USA: FRED median sales price (MSPUS), Zillow city typical values (2026), federal minimum wage history. Inflation: DANE CPI (Colombia) and BLS CPI-U (USA); "real" values are deflated with these indices and expressed in the money of the selected start year. All figures are averages for education, not appraisals.

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