HomePricePeek

Cape Town vs Colombo

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Cape Town vs Colombo

Colombo is 64% more affordable for homebuyers. Cape Town has a price-to-income ratio of 6.2x compared to 7.5x in Colombo.

MetricCape TownColombo
Avg Home Price$180,000$65,000
Price / sqm$2,500$1,200
Rent (1BR)$800/mo$300/mo
Rent (3BR)$1,400/mo$550/mo
Price-to-Income6.2x7.5x
Mortgage Rate11.5%12.0%
1yr Change+3.5%+2.8%
Median Income$29,000/yr$9,000/yr
Population4,800,000750,000
Cape TownView full details โ†’ColomboView 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 Cape Town or Colombo more expensive?
Colombo is more affordable. Home prices differ by $115,000 (64%).
Which city has cheaper rent, Cape Town or Colombo?
Rent for a 1BR in Cape Town is $800/mo vs $300/mo in Colombo.

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