Chicago Vs Vilnius

OR: American Dream VS Baltic Optimism VS Real Estate Price Bubbles Vilnius (Lithuania) Population: ~540 000 Chicago (Illinois,USA) Population: ~2 830 000

House Prices (Median)

Chicago: ~249 600 USD ( ~546 624 LTL )

Vilnius: ~382 877 USD ( ~ 838 500 LTL )

Source : National Association of REALTORS® Median Sales Price of Existing Single-Family Homes for Metropolitan Areas (Chicago-Naperville-Joliet, IL, I quarter 2008 ) Current Report: Single-family 1st Quarter 2008 (108K PDF file) Source : daily (26/05/2008) house price statistics of Vilnius with its suburbs provided by website www. burbulas .com , calculated from announcements of the biggest Lithuanian real estate web portal www. aruodas . lt Namų kainos (mediana * ) * mediana – reikšmė, už kurią pusė (50%) kainų mažesnės, o kita pusė (50%) didesnės.

Condo Prices (Median)

Chicago: ~239 400 USD ( ~524 286 LTL )

Vilnius: ~189 086 USD ( ~414 099 LTL )

Source : National Association of REALTORS® Median Sales Price of Existing Apartment Condo-Coops Homes for Metropolitan Areas (Chicago-Naperville-Joliet, IL, I quarter 2008 ) Current Report: Condo 1st Quarter 2008 (108K PDF file) Source : daily (26/05/2008) condo price statistics of Vilnius with its suburbs provided by website www. burbulas .com , calculated from announcements of the biggest Lithuanian real estate web portal www. aruodas . lt Butų kainos (mediana) average ( vidurkis ): data not available ( duomenų nėra ) average ( vidurkis ): ~237 315 USD ( ~519 721 LTL )

Average G ross Monthly Earnings

Illinois State: ~3125* USD ( ~6845 LTL )

Lithuania: ~982 USD ( ~2151 LTL )

* calculated: monthly earnings = weekly earnings x 4 Source : U.S. Department of Labor, Bureau of Labor Statistics, E xperimental All Employee Hours and Earnings in Illinois , All employees of Total Private Industry (March 2008): http://www. bls . gov / sae /experimental/sae17. htm #tab2 Source : Statistics Lithuania ( Statistikos Departamentas prie LR Vyriausybės): Average monthly earnings (I quarter 2008) Vidutinis mėnesinis bruto (neatskaičius mokesčių) darbo užmokestis

Thank You for Your attention. Make conclusions yourself. Dėkojame už dėmesį. Išvadas darykite patys.