HomePricePeek

Cape Town vs Mumbai

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Cape Town vs Mumbai

Cape Town is 28% more affordable for homebuyers. Cape Town has a price-to-income ratio of 6.2x compared to 22.8x in Mumbai.

MetricCape TownMumbai
Avg Home Price$180,000$250,000
Price / sqm$2,500$6,500
Rent (1BR)$800/mo$600/mo
Rent (3BR)$1,400/mo$1,200/mo
Price-to-Income6.2x22.8x
Mortgage Rate11.5%8.5%
1yr Change+3.5%+3.8%
Median Income$29,000/yr$11,000/yr
Population4,800,00021,000,000
Cape TownView full details โ†’MumbaiView 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 Cape Town or Mumbai more expensive?
Cape Town is more affordable. Home prices differ by $70,000 (28%).
Which city has cheaper rent, Cape Town or Mumbai?
Rent for a 1BR in Cape Town is $800/mo vs $600/mo in Mumbai.

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