China · Asia · Population: 21,000,000
Chengdu is moderately affordable compared to major global cities, with a slight cooling in the housing market. The city has affordable rents compared to global standards. At $200,000 average home price in China, buyers should consider the 9.8x price-to-income ratio when planning a purchase.
| Average Home Price | $200,000 |
| Price per sqm | $3,200 |
| Price-to-Income Ratio | 9.8x |
| Mortgage Rate | 4.2% |
| 1-Year Price Change | -2.5% |
| 1-Bedroom Apartment | $500/mo |
| 3-Bedroom Apartment | $900/mo |
| Rent-to-Income Ratio | 25% |
| Median Household Income | $20,000/year |
| Years to Buy (at median income) | 9.8 years |
| Local Currency | CNY |
With a price-to-income ratio of 9.8x, Chengdu requires significant savings to purchase property. At a mortgage rate of 4.2%, monthly payments could consume a large share of income. Home prices have decreased 2.5% in the past year.
Cities worldwide with home prices closest to Chengdu
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
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