HomePricePeek

Manila vs Melbourne

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Manila vs Melbourne

Manila is 86% more affordable for homebuyers. Manila has a price-to-income ratio of 9.5x compared to 9.2x in Melbourne.

MetricManilaMelbourne
Avg Home Price$95,000$680,000
Price / sqm$2,800$8,500
Rent (1BR)$450/mo$2,200/mo
Rent (3BR)$800/mo$3,200/mo
Price-to-Income9.5x9.2x
Mortgage Rate7.5%6.2%
1yr Change+3.2%+3.2%
Median Income$10,000/yr$74,000/yr
Population14,000,0005,100,000
ManilaView full details โ†’MelbourneView full details โ†’
๐Ÿ“Š
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 Manila or Melbourne more expensive?
Manila is more affordable. Home prices differ by $585,000 (86%).
Which city has cheaper rent, Manila or Melbourne?
Rent for a 1BR in Manila is $450/mo vs $2,200/mo in Melbourne.

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