HomePricePeek

Colombo vs Santiago

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Colombo vs Santiago

Colombo is 64% more affordable for homebuyers. Colombo has a price-to-income ratio of 7.5x compared to 9.5x in Santiago.

MetricColomboSantiago
Avg Home Price$65,000$180,000
Price / sqm$1,200$3,200
Rent (1BR)$300/mo$650/mo
Rent (3BR)$550/mo$1,100/mo
Price-to-Income7.5x9.5x
Mortgage Rate12.0%5.8%
1yr Change+2.8%+1.8%
Median Income$9,000/yr$19,000/yr
Population750,0006,800,000
ColomboView full details โ†’SantiagoView full details โ†’
๐Ÿ“Š
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 Colombo or Santiago more expensive?
Colombo is more affordable. Home prices differ by $115,000 (64%).
Which city has cheaper rent, Colombo or Santiago?
Rent for a 1BR in Colombo is $300/mo vs $650/mo in Santiago.

Explore the DataPeek Network