HomePricePeek

Addis Ababa vs Phoenix

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Addis Ababa vs Phoenix

Addis Ababa is 83% more affordable for homebuyers. Addis Ababa has a price-to-income ratio of 7.2x compared to 5.5x in Phoenix.

MetricAddis AbabaPhoenix
Avg Home Price$65,000$380,000
Price / sqm$800$3,800
Rent (1BR)$300/mo$1,300/mo
Rent (3BR)$550/mo$2,000/mo
Price-to-Income7.2x5.5x
Mortgage Rate14.0%6.8%
1yr Change+8.5%+2.8%
Median Income$9,000/yr$69,000/yr
Population5,500,0001,600,000
Addis AbabaView full details โ†’PhoenixView full details โ†’
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HomePricePeek Research TeamData Specialists

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.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Addis Ababa or Phoenix more expensive?
Addis Ababa is more affordable. Home prices differ by $315,000 (83%).
Which city has cheaper rent, Addis Ababa or Phoenix?
Rent for a 1BR in Addis Ababa is $300/mo vs $1,300/mo in Phoenix.

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