Colombo vs Milan
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Colombo vs Milan
Colombo is 85% more affordable for homebuyers. Colombo has a price-to-income ratio of 7.5x compared to 9.2x in Milan.
| Metric | Colombo | Milan |
|---|---|---|
| Avg Home Price | $65,000 | $420,000 |
| Price / sqm | $1,200 | $6,200 |
| Rent (1BR) | $300/mo | $1,200/mo |
| Rent (3BR) | $550/mo | $2,200/mo |
| Price-to-Income | 7.5x | 9.2x |
| Mortgage Rate | 12.0% | 3.8% |
| 1yr Change | +2.8% | +2.8% |
| Median Income | $9,000/yr | $46,000/yr |
| Population | 750,000 | 1,400,000 |
📊
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.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Colombo or Milan more expensive?
Colombo is more affordable. Home prices differ by $355,000 (85%).
Which city has cheaper rent, Colombo or Milan?
Rent for a 1BR in Colombo is $300/mo vs $1,200/mo in Milan.
Explore the DataPeek Network