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Berlin vs Seoul

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Berlin vs Seoul

Berlin is 40% more affordable for homebuyers. Berlin has a price-to-income ratio of 8.5x compared to 15.2x in Seoul.

MetricBerlinSeoul
Avg Home Price$350,000$580,000
Price / sqm$5,800$12,000
Rent (1BR)$1,200/mo$1,000/mo
Rent (3BR)$2,000/mo$2,000/mo
Price-to-Income8.5x15.2x
Mortgage Rate3.5%3.8%
1yr Change-3.2%-1.2%
Median Income$41,000/yr$38,000/yr
Population3,700,0009,700,000
BerlinView full details โ†’SeoulView full details โ†’
๐Ÿ“Š
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 Berlin or Seoul more expensive?
Berlin is more affordable. Home prices differ by $230,000 (40%).
Which city has cheaper rent, Berlin or Seoul?
Rent for a 1BR in Berlin is $1,200/mo vs $1,000/mo in Seoul.

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