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Florence vs Seoul

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Florence vs Seoul

Florence is 40% more affordable for homebuyers. Florence has a price-to-income ratio of 9.2x compared to 15.2x in Seoul.

MetricFlorenceSeoul
Avg Home Price$350,000$580,000
Price / sqm$4,800$12,000
Rent (1BR)$800/mo$1,000/mo
Rent (3BR)$1,400/mo$2,000/mo
Price-to-Income9.2x15.2x
Mortgage Rate3.8%3.8%
1yr Change+3.2%-1.2%
Median Income$38,000/yr$38,000/yr
Population380,0009,700,000
FlorenceView full details โ†’SeoulView 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 Florence or Seoul more expensive?
Florence is more affordable. Home prices differ by $230,000 (40%).
Which city has cheaper rent, Florence or Seoul?
Rent for a 1BR in Florence is $800/mo vs $1,000/mo in Seoul.

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