HomePricePeek

Milan vs Sydney

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Milan vs Sydney

Milan is 51% more affordable for homebuyers. Milan has a price-to-income ratio of 9.2x compared to 11.5x in Sydney.

MetricMilanSydney
Avg Home Price$420,000$850,000
Price / sqm$6,200$11,000
Rent (1BR)$1,200/mo$2,800/mo
Rent (3BR)$2,200/mo$4,000/mo
Price-to-Income9.2x11.5x
Mortgage Rate3.8%6.2%
1yr Change+2.8%+5.5%
Median Income$46,000/yr$74,000/yr
Population1,400,0005,300,000
MilanView full details โ†’SydneyView 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 Milan or Sydney more expensive?
Milan is more affordable. Home prices differ by $430,000 (51%).
Which city has cheaper rent, Milan or Sydney?
Rent for a 1BR in Milan is $1,200/mo vs $2,800/mo in Sydney.

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