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Phnom Penh vs Seoul

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Phnom Penh vs Seoul

Phnom Penh is 85% more affordable for homebuyers. Phnom Penh has a price-to-income ratio of 8.5x compared to 15.2x in Seoul.

MetricPhnom PenhSeoul
Avg Home Price$85,000$580,000
Price / sqm$1,500$12,000
Rent (1BR)$400/mo$1,000/mo
Rent (3BR)$700/mo$2,000/mo
Price-to-Income8.5x15.2x
Mortgage Rate10.0%3.8%
1yr Change+4.5%-1.2%
Median Income$10,000/yr$38,000/yr
Population2,300,0009,700,000
Phnom PenhView full details โ†’SeoulView 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 Phnom Penh or Seoul more expensive?
Phnom Penh is more affordable. Home prices differ by $495,000 (85%).
Which city has cheaper rent, Phnom Penh or Seoul?
Rent for a 1BR in Phnom Penh is $400/mo vs $1,000/mo in Seoul.

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