HomePricePeek

Ho Chi Minh City vs Milan

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 Milan

Ho Chi Minh City is 71% more affordable for homebuyers. Ho Chi Minh City has a price-to-income ratio of 10.5x compared to 9.2x in Milan.

MetricHo Chi Minh CityMilan
Avg Home Price$120,000$420,000
Price / sqm$2,200$6,200
Rent (1BR)$450/mo$1,200/mo
Rent (3BR)$800/mo$2,200/mo
Price-to-Income10.5x9.2x
Mortgage Rate9.5%3.8%
1yr Change+5.8%+2.8%
Median Income$11,000/yr$46,000/yr
Population9,000,0001,400,000
Ho Chi Minh CityView full details โ†’MilanView 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 Milan more expensive?
Ho Chi Minh City is more affordable. Home prices differ by $300,000 (71%).
Which city has cheaper rent, Ho Chi Minh City or Milan?
Rent for a 1BR in Ho Chi Minh City is $450/mo vs $1,200/mo in Milan.

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