HomePricePeek

Chicago vs Hamburg

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Chicago vs Hamburg

Chicago is 16% more affordable for homebuyers. Chicago has a price-to-income ratio of 4.8x compared to 8.2x in Hamburg.

MetricChicagoHamburg
Avg Home Price$320,000$380,000
Price / sqm$4,200$6,200
Rent (1BR)$1,800/mo$1,100/mo
Rent (3BR)$2,800/mo$1,800/mo
Price-to-Income4.8x8.2x
Mortgage Rate6.8%3.5%
1yr Change+3.2%-2.8%
Median Income$67,000/yr$46,000/yr
Population2,700,0001,900,000
ChicagoView full details โ†’HamburgView 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 Chicago or Hamburg more expensive?
Chicago is more affordable. Home prices differ by $60,000 (16%).
Which city has cheaper rent, Chicago or Hamburg?
Rent for a 1BR in Chicago is $1,800/mo vs $1,100/mo in Hamburg.

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