HomePricePeek

Johannesburg vs Milan

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Johannesburg vs Milan

Johannesburg is 64% more affordable for homebuyers. Johannesburg has a price-to-income ratio of 5.5x compared to 9.2x in Milan.

MetricJohannesburgMilan
Avg Home Price$150,000$420,000
Price / sqm$2,000$6,200
Rent (1BR)$650/mo$1,200/mo
Rent (3BR)$1,100/mo$2,200/mo
Price-to-Income5.5x9.2x
Mortgage Rate11.5%3.8%
1yr Change+2.8%+2.8%
Median Income$27,000/yr$46,000/yr
Population5,800,0001,400,000
JohannesburgView full details โ†’MilanView 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 Johannesburg or Milan more expensive?
Johannesburg is more affordable. Home prices differ by $270,000 (64%).
Which city has cheaper rent, Johannesburg or Milan?
Rent for a 1BR in Johannesburg is $650/mo vs $1,200/mo in Milan.

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