HomePricePeek

Budapest vs Medellin

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Budapest vs Medellin

Medellin is 53% more affordable for homebuyers. Budapest has a price-to-income ratio of 8.5x compared to 7.2x in Medellin.

MetricBudapestMedellin
Avg Home Price$180,000$85,000
Price / sqm$3,200$1,500
Rent (1BR)$650/mo$400/mo
Rent (3BR)$1,100/mo$700/mo
Price-to-Income8.5x7.2x
Mortgage Rate8.2%12.5%
1yr Change+5.8%+3.8%
Median Income$21,000/yr$12,000/yr
Population1,800,0002,500,000
BudapestView 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 Budapest or Medellin more expensive?
Medellin is more affordable. Home prices differ by $95,000 (53%).
Which city has cheaper rent, Budapest or Medellin?
Rent for a 1BR in Budapest is $650/mo vs $400/mo in Medellin.

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