HomePricePeek

Ho Chi Minh City vs Madrid

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Ho Chi Minh City vs Madrid

Ho Chi Minh City is 63% more affordable for homebuyers. Ho Chi Minh City has a price-to-income ratio of 10.5x compared to 8.2x in Madrid.

MetricHo Chi Minh CityMadrid
Avg Home Price$120,000$320,000
Price / sqm$2,200$4,800
Rent (1BR)$450/mo$1,100/mo
Rent (3BR)$800/mo$1,800/mo
Price-to-Income10.5x8.2x
Mortgage Rate9.5%3.2%
1yr Change+5.8%+4.8%
Median Income$11,000/yr$39,000/yr
Population9,000,0003,300,000
Ho Chi Minh CityView full details โ†’MadridView 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 Ho Chi Minh City or Madrid more expensive?
Ho Chi Minh City is more affordable. Home prices differ by $200,000 (63%).
Which city has cheaper rent, Ho Chi Minh City or Madrid?
Rent for a 1BR in Ho Chi Minh City is $450/mo vs $1,100/mo in Madrid.

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