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Jakarta vs Milan

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Jakarta vs Milan

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

MetricJakartaMilan
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+3.2%+2.8%
Median Income$11,000/yr$46,000/yr
Population11,000,0001,400,000
JakartaView 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 Jakarta or Milan more expensive?
Jakarta is more affordable. Home prices differ by $300,000 (71%).
Which city has cheaper rent, Jakarta or Milan?
Rent for a 1BR in Jakarta is $450/mo vs $1,200/mo in Milan.

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