Milan vs Sydney
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Milan vs Sydney
Milan is 51% more affordable for homebuyers. Milan has a price-to-income ratio of 9.2x compared to 11.5x in Sydney.
| Metric | Milan | Sydney |
|---|---|---|
| Avg Home Price | $420,000 | $850,000 |
| Price / sqm | $6,200 | $11,000 |
| Rent (1BR) | $1,200/mo | $2,800/mo |
| Rent (3BR) | $2,200/mo | $4,000/mo |
| Price-to-Income | 9.2x | 11.5x |
| Mortgage Rate | 3.8% | 6.2% |
| 1yr Change | +2.8% | +5.5% |
| Median Income | $46,000/yr | $74,000/yr |
| Population | 1,400,000 | 5,300,000 |
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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.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Milan or Sydney more expensive?
Milan is more affordable. Home prices differ by $430,000 (51%).
Which city has cheaper rent, Milan or Sydney?
Rent for a 1BR in Milan is $1,200/mo vs $2,800/mo in Sydney.
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