HomePricePeek

Phoenix vs Vancouver

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Phoenix vs Vancouver

Phoenix is 54% more affordable for homebuyers. Phoenix has a price-to-income ratio of 5.5x compared to 13.5x in Vancouver.

MetricPhoenixVancouver
Avg Home Price$380,000$820,000
Price / sqm$3,800$10,500
Rent (1BR)$1,300/mo$2,400/mo
Rent (3BR)$2,000/mo$3,800/mo
Price-to-Income5.5x13.5x
Mortgage Rate6.8%5.2%
1yr Change+2.8%-0.8%
Median Income$69,000/yr$61,000/yr
Population1,600,000680,000
PhoenixView full details โ†’VancouverView 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 Phoenix or Vancouver more expensive?
Phoenix is more affordable. Home prices differ by $440,000 (54%).
Which city has cheaper rent, Phoenix or Vancouver?
Rent for a 1BR in Phoenix is $1,300/mo vs $2,400/mo in Vancouver.

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