Cologne vs Hamburg
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Cologne vs Hamburg
Cologne is 16% more affordable for homebuyers. Cologne has a price-to-income ratio of 7.2x compared to 8.2x in Hamburg.
| Metric | Cologne | Hamburg |
|---|---|---|
| Avg Home Price | $320,000 | $380,000 |
| Price / sqm | $4,800 | $6,200 |
| Rent (1BR) | $1,000/mo | $1,100/mo |
| Rent (3BR) | $1,600/mo | $1,800/mo |
| Price-to-Income | 7.2x | 8.2x |
| Mortgage Rate | 3.5% | 3.5% |
| 1yr Change | -3.5% | -2.8% |
| Median Income | $44,000/yr | $46,000/yr |
| Population | 1,100,000 | 1,900,000 |
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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.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Cologne or Hamburg more expensive?
Cologne is more affordable. Home prices differ by $60,000 (16%).
Which city has cheaper rent, Cologne or Hamburg?
Rent for a 1BR in Cologne is $1,000/mo vs $1,100/mo in Hamburg.
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