HomePricePeek

Kyoto vs Melbourne

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Kyoto vs Melbourne

Kyoto is 53% more affordable for homebuyers. Kyoto has a price-to-income ratio of 8.2x compared to 9.2x in Melbourne.

MetricKyotoMelbourne
Avg Home Price$320,000$680,000
Price / sqm$5,800$8,500
Rent (1BR)$750/mo$2,200/mo
Rent (3BR)$1,300/mo$3,200/mo
Price-to-Income8.2x9.2x
Mortgage Rate1.5%6.2%
1yr Change+4.8%+3.2%
Median Income$39,000/yr$74,000/yr
Population1,500,0005,100,000
KyotoView full details โ†’MelbourneView 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 Kyoto or Melbourne more expensive?
Kyoto is more affordable. Home prices differ by $360,000 (53%).
Which city has cheaper rent, Kyoto or Melbourne?
Rent for a 1BR in Kyoto is $750/mo vs $2,200/mo in Melbourne.

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