HomePricePeek

Johannesburg vs London

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Johannesburg vs London

Johannesburg is 78% more affordable for homebuyers. Johannesburg has a price-to-income ratio of 5.5x compared to 12.5x in London.

MetricJohannesburgLondon
Avg Home Price$150,000$680,000
Price / sqm$2,000$15,000
Rent (1BR)$650/mo$2,800/mo
Rent (3BR)$1,100/mo$4,500/mo
Price-to-Income5.5x12.5x
Mortgage Rate11.5%4.5%
1yr Change+2.8%+1.2%
Median Income$27,000/yr$54,000/yr
Population5,800,0009,000,000
JohannesburgView full details โ†’LondonView 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 Johannesburg or London more expensive?
Johannesburg is more affordable. Home prices differ by $530,000 (78%).
Which city has cheaper rent, Johannesburg or London?
Rent for a 1BR in Johannesburg is $650/mo vs $2,800/mo in London.

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