Quito vs Raleigh
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Quito vs Raleigh
Quito is 75% more affordable for homebuyers. Quito has a price-to-income ratio of 6.5x compared to 5.2x in Raleigh.
| Metric | Quito | Raleigh |
|---|---|---|
| Avg Home Price | $95,000 | $380,000 |
| Price / sqm | $1,200 | $3,500 |
| Rent (1BR) | $400/mo | $1,400/mo |
| Rent (3BR) | $700/mo | $2,100/mo |
| Price-to-Income | 6.5x | 5.2x |
| Mortgage Rate | 9.5% | 6.8% |
| 1yr Change | +2.8% | +3.5% |
| Median Income | $15,000/yr | $73,000/yr |
| Population | 2,800,000 | 470,000 |
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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.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Quito or Raleigh more expensive?
Quito is more affordable. Home prices differ by $285,000 (75%).
Which city has cheaper rent, Quito or Raleigh?
Rent for a 1BR in Quito is $400/mo vs $1,400/mo in Raleigh.
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