HomePricePeek

London vs Raleigh

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: London vs Raleigh

Raleigh is 44% more affordable for homebuyers. London has a price-to-income ratio of 12.5x compared to 5.2x in Raleigh.

MetricLondonRaleigh
Avg Home Price$680,000$380,000
Price / sqm$15,000$3,500
Rent (1BR)$2,800/mo$1,400/mo
Rent (3BR)$4,500/mo$2,100/mo
Price-to-Income12.5x5.2x
Mortgage Rate4.5%6.8%
1yr Change+1.2%+3.5%
Median Income$54,000/yr$73,000/yr
Population9,000,000470,000
LondonView full details โ†’RaleighView 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 London or Raleigh more expensive?
Raleigh is more affordable. Home prices differ by $300,000 (44%).
Which city has cheaper rent, London or Raleigh?
Rent for a 1BR in London is $2,800/mo vs $1,400/mo in Raleigh.

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