HomePricePeek

Lusaka vs Melbourne

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Lusaka vs Melbourne

Lusaka is 92% more affordable for homebuyers. Lusaka has a price-to-income ratio of 6.2x compared to 9.2x in Melbourne.

MetricLusakaMelbourne
Avg Home Price$55,000$680,000
Price / sqm$700$8,500
Rent (1BR)$250/mo$2,200/mo
Rent (3BR)$450/mo$3,200/mo
Price-to-Income6.2x9.2x
Mortgage Rate22.0%6.2%
1yr Change+5.8%+3.2%
Median Income$9,000/yr$74,000/yr
Population3,100,0005,100,000
LusakaView 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 Lusaka or Melbourne more expensive?
Lusaka is more affordable. Home prices differ by $625,000 (92%).
Which city has cheaper rent, Lusaka or Melbourne?
Rent for a 1BR in Lusaka is $250/mo vs $2,200/mo in Melbourne.

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