HomePricePeek

Medellin vs Nagoya

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Medellin vs Nagoya

Medellin is 70% more affordable for homebuyers. Medellin has a price-to-income ratio of 7.2x compared to 7.2x in Nagoya.

MetricMedellinNagoya
Avg Home Price$85,000$280,000
Price / sqm$1,500$4,500
Rent (1BR)$400/mo$700/mo
Rent (3BR)$700/mo$1,200/mo
Price-to-Income7.2x7.2x
Mortgage Rate12.5%1.5%
1yr Change+3.8%+3.8%
Median Income$12,000/yr$39,000/yr
Population2,500,0002,300,000
MedellinView full details โ†’NagoyaView 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 Medellin or Nagoya more expensive?
Medellin is more affordable. Home prices differ by $195,000 (70%).
Which city has cheaper rent, Medellin or Nagoya?
Rent for a 1BR in Medellin is $400/mo vs $700/mo in Nagoya.

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