HomePricePeek

Daegu vs Shanghai

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Daegu vs Shanghai

Daegu is 55% more affordable for homebuyers. Daegu has a price-to-income ratio of 7.8x compared to 18.5x in Shanghai.

MetricDaeguShanghai
Avg Home Price$250,000$550,000
Price / sqm$4,500$10,500
Rent (1BR)$450/mo$1,200/mo
Rent (3BR)$800/mo$2,200/mo
Price-to-Income7.8x18.5x
Mortgage Rate3.8%4.2%
1yr Change+1.2%-2.8%
Median Income$32,000/yr$30,000/yr
Population2,400,00028,500,000
DaeguView full details โ†’ShanghaiView 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 Daegu or Shanghai more expensive?
Daegu is more affordable. Home prices differ by $300,000 (55%).
Which city has cheaper rent, Daegu or Shanghai?
Rent for a 1BR in Daegu is $450/mo vs $1,200/mo in Shanghai.

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