London vs Raleigh
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: London vs Raleigh
Raleigh is 44% more affordable for homebuyers. London has a price-to-income ratio of 12.5x compared to 5.2x in Raleigh.
| Metric | London | Raleigh |
|---|---|---|
| Avg Home Price | $680,000 | $380,000 |
| Price / sqm | $15,000 | $3,500 |
| Rent (1BR) | $2,800/mo | $1,400/mo |
| Rent (3BR) | $4,500/mo | $2,100/mo |
| Price-to-Income | 12.5x | 5.2x |
| Mortgage Rate | 4.5% | 6.8% |
| 1yr Change | +1.2% | +3.5% |
| Median Income | $54,000/yr | $73,000/yr |
| Population | 9,000,000 | 470,000 |
๐
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.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is London or Raleigh more expensive?
Raleigh is more affordable. Home prices differ by $300,000 (44%).
Which city has cheaper rent, London or Raleigh?
Rent for a 1BR in London is $2,800/mo vs $1,400/mo in Raleigh.
Explore the DataPeek Network