HomePricePeek

Addis Ababa vs Medellin

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Addis Ababa vs Medellin

Addis Ababa is 24% more affordable for homebuyers. Addis Ababa has a price-to-income ratio of 7.2x compared to 7.2x in Medellin.

MetricAddis AbabaMedellin
Avg Home Price$65,000$85,000
Price / sqm$800$1,500
Rent (1BR)$300/mo$400/mo
Rent (3BR)$550/mo$700/mo
Price-to-Income7.2x7.2x
Mortgage Rate14.0%12.5%
1yr Change+8.5%+3.8%
Median Income$9,000/yr$12,000/yr
Population5,500,0002,500,000
Addis AbabaView full details โ†’MedellinView 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 Addis Ababa or Medellin more expensive?
Addis Ababa is more affordable. Home prices differ by $20,000 (24%).
Which city has cheaper rent, Addis Ababa or Medellin?
Rent for a 1BR in Addis Ababa is $300/mo vs $400/mo in Medellin.

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