HomePricePeek

Perth vs Tokyo

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Perth vs Tokyo

Tokyo is 22% more affordable for homebuyers. Perth has a price-to-income ratio of 7.8x compared to 10.8x in Tokyo.

MetricPerthTokyo
Avg Home Price$580,000$450,000
Price / sqm$6,500$9,500
Rent (1BR)$1,800/mo$1,200/mo
Rent (3BR)$2,800/mo$2,200/mo
Price-to-Income7.8x10.8x
Mortgage Rate6.2%1.5%
1yr Change+6.2%+3.5%
Median Income$74,000/yr$42,000/yr
Population2,100,00014,000,000
PerthView full details โ†’TokyoView 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 Perth or Tokyo more expensive?
Tokyo is more affordable. Home prices differ by $130,000 (22%).
Which city has cheaper rent, Perth or Tokyo?
Rent for a 1BR in Perth is $1,800/mo vs $1,200/mo in Tokyo.

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