HomePricePeek

New York vs Wellington

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: New York vs Wellington

Wellington is 31% more affordable for homebuyers. New York has a price-to-income ratio of 9.2x compared to 9.2x in Wellington.

MetricNew YorkWellington
Avg Home Price$750,000$520,000
Price / sqm$12,500$6,800
Rent (1BR)$3,500/mo$1,600/mo
Rent (3BR)$5,500/mo$2,500/mo
Price-to-Income9.2x9.2x
Mortgage Rate6.8%6.8%
1yr Change+2.1%-3.8%
Median Income$82,000/yr$57,000/yr
Population8,300,000215,000
New YorkView full details โ†’WellingtonView 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 New York or Wellington more expensive?
Wellington is more affordable. Home prices differ by $230,000 (31%).
Which city has cheaper rent, New York or Wellington?
Rent for a 1BR in New York is $3,500/mo vs $1,600/mo in Wellington.

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