HomePricePeek

Medellin vs Shenzhen

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Medellin vs Shenzhen

Medellin is 82% more affordable for homebuyers. Medellin has a price-to-income ratio of 7.2x compared to 20.5x in Shenzhen.

MetricMedellinShenzhen
Avg Home Price$85,000$480,000
Price / sqm$1,500$9,200
Rent (1BR)$400/mo$1,000/mo
Rent (3BR)$700/mo$1,800/mo
Price-to-Income7.2x20.5x
Mortgage Rate12.5%4.2%
1yr Change+3.8%-4.5%
Median Income$12,000/yr$23,000/yr
Population2,500,00017,500,000
MedellinView full details โ†’ShenzhenView 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 Medellin or Shenzhen more expensive?
Medellin is more affordable. Home prices differ by $395,000 (82%).
Which city has cheaper rent, Medellin or Shenzhen?
Rent for a 1BR in Medellin is $400/mo vs $1,000/mo in Shenzhen.

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