HomePricePeek

Chicago vs Shanghai

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Chicago vs Shanghai

Chicago is 42% more affordable for homebuyers. Chicago has a price-to-income ratio of 4.8x compared to 18.5x in Shanghai.

MetricChicagoShanghai
Avg Home Price$320,000$550,000
Price / sqm$4,200$10,500
Rent (1BR)$1,800/mo$1,200/mo
Rent (3BR)$2,800/mo$2,200/mo
Price-to-Income4.8x18.5x
Mortgage Rate6.8%4.2%
1yr Change+3.2%-2.8%
Median Income$67,000/yr$30,000/yr
Population2,700,00028,500,000
ChicagoView full details โ†’ShanghaiView 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 Shanghai more expensive?
Chicago is more affordable. Home prices differ by $230,000 (42%).
Which city has cheaper rent, Chicago or Shanghai?
Rent for a 1BR in Chicago is $1,800/mo vs $1,200/mo in Shanghai.

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