Hangzhou vs Tokyo
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Hangzhou vs Tokyo
Hangzhou is 22% more affordable for homebuyers. Hangzhou has a price-to-income ratio of 14.5x compared to 10.8x in Tokyo.
| Metric | Hangzhou | Tokyo |
|---|---|---|
| Avg Home Price | $350,000 | $450,000 |
| Price / sqm | $5,800 | $9,500 |
| Rent (1BR) | $750/mo | $1,200/mo |
| Rent (3BR) | $1,300/mo | $2,200/mo |
| Price-to-Income | 14.5x | 10.8x |
| Mortgage Rate | 4.2% | 1.5% |
| 1yr Change | -3.2% | +3.5% |
| Median Income | $24,000/yr | $42,000/yr |
| Population | 12,200,000 | 14,000,000 |
📊
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 Hangzhou or Tokyo more expensive?
Hangzhou is more affordable. Home prices differ by $100,000 (22%).
Which city has cheaper rent, Hangzhou or Tokyo?
Rent for a 1BR in Hangzhou is $750/mo vs $1,200/mo in Tokyo.
Explore the DataPeek Network