HomePricePeek

Chicago vs Rio de Janeiro

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Chicago vs Rio de Janeiro

Rio de Janeiro is 38% more affordable for homebuyers. Chicago has a price-to-income ratio of 4.8x compared to 9.2x in Rio de Janeiro.

MetricChicagoRio de Janeiro
Avg Home Price$320,000$200,000
Price / sqm$4,200$3,800
Rent (1BR)$1,800/mo$550/mo
Rent (3BR)$2,800/mo$1,000/mo
Price-to-Income4.8x9.2x
Mortgage Rate6.8%11.5%
1yr Change+3.2%+2.5%
Median Income$67,000/yr$22,000/yr
Population2,700,0006,700,000
ChicagoView full details โ†’Rio de JaneiroView 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 Chicago or Rio de Janeiro more expensive?
Rio de Janeiro is more affordable. Home prices differ by $120,000 (38%).
Which city has cheaper rent, Chicago or Rio de Janeiro?
Rent for a 1BR in Chicago is $1,800/mo vs $550/mo in Rio de Janeiro.

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