HomePricePeek

Istanbul vs Philadelphia

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Istanbul vs Philadelphia

Istanbul is 40% more affordable for homebuyers. Istanbul has a price-to-income ratio of 8.5x compared to 4.2x in Philadelphia.

MetricIstanbulPhiladelphia
Avg Home Price$150,000$250,000
Price / sqm$2,200$2,800
Rent (1BR)$500/mo$1,500/mo
Rent (3BR)$900/mo$2,200/mo
Price-to-Income8.5x4.2x
Mortgage Rate42.0%6.8%
1yr Change+35.0%+1.5%
Median Income$18,000/yr$60,000/yr
Population15,500,0001,600,000
IstanbulView full details โ†’PhiladelphiaView 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 Istanbul or Philadelphia more expensive?
Istanbul is more affordable. Home prices differ by $100,000 (40%).
Which city has cheaper rent, Istanbul or Philadelphia?
Rent for a 1BR in Istanbul is $500/mo vs $1,500/mo in Philadelphia.

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