HomePricePeek

Busan vs Tehran

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Busan vs Tehran

Tehran is 63% more affordable for homebuyers. Busan has a price-to-income ratio of 9.5x compared to 15.5x in Tehran.

MetricBusanTehran
Avg Home Price$320,000$120,000
Price / sqm$6,500$2,200
Rent (1BR)$550/mo$350/mo
Rent (3BR)$1,000/mo$650/mo
Price-to-Income9.5x15.5x
Mortgage Rate3.8%23.0%
1yr Change+0.8%+25.0%
Median Income$34,000/yr$8,000/yr
Population3,400,0009,000,000
BusanView full details โ†’TehranView 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 Busan or Tehran more expensive?
Tehran is more affordable. Home prices differ by $200,000 (63%).
Which city has cheaper rent, Busan or Tehran?
Rent for a 1BR in Busan is $550/mo vs $350/mo in Tehran.

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