Hanoi vs Izmir
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Hanoi vs Izmir
Hanoi is 9% more affordable for homebuyers. Hanoi has a price-to-income ratio of 9.2x compared to 7.2x in Izmir.
| Metric | Hanoi | Izmir |
|---|---|---|
| Avg Home Price | $100,000 | $110,000 |
| Price / sqm | $1,800 | $1,800 |
| Rent (1BR) | $400/mo | $400/mo |
| Rent (3BR) | $700/mo | $700/mo |
| Price-to-Income | 9.2x | 7.2x |
| Mortgage Rate | 9.5% | 42.0% |
| 1yr Change | +4.5% | +30.0% |
| Median Income | $11,000/yr | $15,000/yr |
| Population | 8,000,000 | 4,400,000 |
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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.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Hanoi or Izmir more expensive?
Hanoi is more affordable. Home prices differ by $10,000 (9%).
Which city has cheaper rent, Hanoi or Izmir?
Rent for a 1BR in Hanoi is $400/mo vs $400/mo in Izmir.
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