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Seoul vs Yerevan

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Seoul vs Yerevan

Yerevan is 87% more affordable for homebuyers. Seoul has a price-to-income ratio of 15.2x compared to 5.2x in Yerevan.

MetricSeoulYerevan
Avg Home Price$580,000$75,000
Price / sqm$12,000$1,200
Rent (1BR)$1,000/mo$350/mo
Rent (3BR)$2,000/mo$600/mo
Price-to-Income15.2x5.2x
Mortgage Rate3.8%10.5%
1yr Change-1.2%+8.2%
Median Income$38,000/yr$14,000/yr
Population9,700,0001,100,000
SeoulView full details โ†’YerevanView 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 Seoul or Yerevan more expensive?
Yerevan is more affordable. Home prices differ by $505,000 (87%).
Which city has cheaper rent, Seoul or Yerevan?
Rent for a 1BR in Seoul is $1,000/mo vs $350/mo in Yerevan.

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