HomePricePeek

Istanbul vs Shenzhen

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Istanbul vs Shenzhen

Istanbul is 69% more affordable for homebuyers. Istanbul has a price-to-income ratio of 8.5x compared to 20.5x in Shenzhen.

MetricIstanbulShenzhen
Avg Home Price$150,000$480,000
Price / sqm$2,200$9,200
Rent (1BR)$500/mo$1,000/mo
Rent (3BR)$900/mo$1,800/mo
Price-to-Income8.5x20.5x
Mortgage Rate42.0%4.2%
1yr Change+35.0%-4.5%
Median Income$18,000/yr$23,000/yr
Population15,500,00017,500,000
IstanbulView full details โ†’ShenzhenView 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 Istanbul or Shenzhen more expensive?
Istanbul is more affordable. Home prices differ by $330,000 (69%).
Which city has cheaper rent, Istanbul or Shenzhen?
Rent for a 1BR in Istanbul is $500/mo vs $1,000/mo in Shenzhen.

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