HomePricePeek

Santiago vs Wellington

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Santiago vs Wellington

Santiago is 65% more affordable for homebuyers. Santiago has a price-to-income ratio of 9.5x compared to 9.2x in Wellington.

MetricSantiagoWellington
Avg Home Price$180,000$520,000
Price / sqm$3,200$6,800
Rent (1BR)$650/mo$1,600/mo
Rent (3BR)$1,100/mo$2,500/mo
Price-to-Income9.5x9.2x
Mortgage Rate5.8%6.8%
1yr Change+1.8%-3.8%
Median Income$19,000/yr$57,000/yr
Population6,800,000215,000
SantiagoView 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 Santiago or Wellington more expensive?
Santiago is more affordable. Home prices differ by $340,000 (65%).
Which city has cheaper rent, Santiago or Wellington?
Rent for a 1BR in Santiago is $650/mo vs $1,600/mo in Wellington.

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