HomePricePeek

Boston vs Izmir

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Boston vs Izmir

Izmir is 84% more affordable for homebuyers. Boston has a price-to-income ratio of 8.8x compared to 7.2x in Izmir.

MetricBostonIzmir
Avg Home Price$700,000$110,000
Price / sqm$9,200$1,800
Rent (1BR)$2,800/mo$400/mo
Rent (3BR)$4,200/mo$700/mo
Price-to-Income8.8x7.2x
Mortgage Rate6.8%42.0%
1yr Change+1.8%+30.0%
Median Income$80,000/yr$15,000/yr
Population680,0004,400,000
BostonView full details โ†’IzmirView 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 Boston or Izmir more expensive?
Izmir is more affordable. Home prices differ by $590,000 (84%).
Which city has cheaper rent, Boston or Izmir?
Rent for a 1BR in Boston is $2,800/mo vs $400/mo in Izmir.

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