HomePricePeek

Cape Town vs Raleigh

Home Price & Cost of Living Comparison

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

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

Cape Town is 53% more affordable for homebuyers. Cape Town has a price-to-income ratio of 6.2x compared to 5.2x in Raleigh.

MetricCape TownRaleigh
Avg Home Price$180,000$380,000
Price / sqm$2,500$3,500
Rent (1BR)$800/mo$1,400/mo
Rent (3BR)$1,400/mo$2,100/mo
Price-to-Income6.2x5.2x
Mortgage Rate11.5%6.8%
1yr Change+3.5%+3.5%
Median Income$29,000/yr$73,000/yr
Population4,800,000470,000
Cape TownView full details โ†’RaleighView 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 Raleigh more expensive?
Cape Town is more affordable. Home prices differ by $200,000 (53%).
Which city has cheaper rent, Cape Town or Raleigh?
Rent for a 1BR in Cape Town is $800/mo vs $1,400/mo in Raleigh.

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