Dagestan and North Ossetia rank at the bottom of Russia's mortgage affordability rankings. Despite this, these republics lead the Northern Caucasus when it comes to income ratings.

The two republics - Dagestan and North Ossetia - are among the least affordable regions in Russia when it comes to mortgages for the population. In Dagestan, residents rank 84 out of 85 regions, with North Ossetia ranking 83. The residents of Dagestan need to spend more than twice their average salary to pay off their mortgages. The average monthly payment is around RUB 85 thousand, while the average mortgage is RUB 4 million.

Similarly, in North Ossetia, housing loans are no easier to obtain. Here, residents give almost two salaries per month to the bank, with the average payment being around RUB 80 thousand.

It is interesting to note that North Ossetia and Dagestan are leading the North Caucasus Federal District in terms of income. This may be due to the fact that the higher income level encourages residents of these republics to take out larger mortgages than in neighboring regions.