HomePricePeek

Daegu vs Shenzhen

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Daegu vs Shenzhen

Daegu is 48% more affordable for homebuyers. Daegu has a price-to-income ratio of 7.8x compared to 20.5x in Shenzhen.

MetricDaeguShenzhen
Avg Home Price$250,000$480,000
Price / sqm$4,500$9,200
Rent (1BR)$450/mo$1,000/mo
Rent (3BR)$800/mo$1,800/mo
Price-to-Income7.8x20.5x
Mortgage Rate3.8%4.2%
1yr Change+1.2%-4.5%
Median Income$32,000/yr$23,000/yr
Population2,400,00017,500,000
DaeguView full details โ†’ShenzhenView 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 Daegu or Shenzhen more expensive?
Daegu is more affordable. Home prices differ by $230,000 (48%).
Which city has cheaper rent, Daegu or Shenzhen?
Rent for a 1BR in Daegu is $450/mo vs $1,000/mo in Shenzhen.

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