Beijing vs Hangzhou
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Beijing vs Hangzhou
Hangzhou is 40% more affordable for homebuyers. Beijing has a price-to-income ratio of 22.5x compared to 14.5x in Hangzhou.
| Metric | Beijing | Hangzhou |
|---|---|---|
| Avg Home Price | $580,000 | $350,000 |
| Price / sqm | $10,800 | $5,800 |
| Rent (1BR) | $1,100/mo | $750/mo |
| Rent (3BR) | $2,000/mo | $1,300/mo |
| Price-to-Income | 22.5x | 14.5x |
| Mortgage Rate | 4.2% | 4.2% |
| 1yr Change | -3.2% | -3.2% |
| Median Income | $26,000/yr | $24,000/yr |
| Population | 21,500,000 | 12,200,000 |
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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.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Beijing or Hangzhou more expensive?
Hangzhou is more affordable. Home prices differ by $230,000 (40%).
Which city has cheaper rent, Beijing or Hangzhou?
Rent for a 1BR in Beijing is $1,100/mo vs $750/mo in Hangzhou.
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