HomePricePeek

Melbourne vs Port Louis

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Melbourne vs Port Louis

Port Louis is 74% more affordable for homebuyers. Melbourne has a price-to-income ratio of 9.2x compared to 6.8x in Port Louis.

MetricMelbournePort Louis
Avg Home Price$680,000$180,000
Price / sqm$8,500$2,200
Rent (1BR)$2,200/mo$550/mo
Rent (3BR)$3,200/mo$900/mo
Price-to-Income9.2x6.8x
Mortgage Rate6.2%5.0%
1yr Change+3.2%+5.8%
Median Income$74,000/yr$26,000/yr
Population5,100,000150,000
MelbourneView full details โ†’Port LouisView 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 Melbourne or Port Louis more expensive?
Port Louis is more affordable. Home prices differ by $500,000 (74%).
Which city has cheaper rent, Melbourne or Port Louis?
Rent for a 1BR in Melbourne is $2,200/mo vs $550/mo in Port Louis.

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