New York vs Shanghai
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: New York vs Shanghai
Shanghai is 27% more affordable for homebuyers. New York has a price-to-income ratio of 9.2x compared to 18.5x in Shanghai.
| Metric | New York | Shanghai |
|---|---|---|
| Avg Home Price | $750,000 | $550,000 |
| Price / sqm | $12,500 | $10,500 |
| Rent (1BR) | $3,500/mo | $1,200/mo |
| Rent (3BR) | $5,500/mo | $2,200/mo |
| Price-to-Income | 9.2x | 18.5x |
| Mortgage Rate | 6.8% | 4.2% |
| 1yr Change | +2.1% | -2.8% |
| Median Income | $82,000/yr | $30,000/yr |
| Population | 8,300,000 | 28,500,000 |
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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.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is New York or Shanghai more expensive?
Shanghai is more affordable. Home prices differ by $200,000 (27%).
Which city has cheaper rent, New York or Shanghai?
Rent for a 1BR in New York is $3,500/mo vs $1,200/mo in Shanghai.
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