HomePricePeek

Shanghai vs Toronto

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Shanghai vs Toronto

Shanghai is 19% more affordable for homebuyers. Shanghai has a price-to-income ratio of 18.5x compared to 10.2x in Toronto.

MetricShanghaiToronto
Avg Home Price$550,000$680,000
Price / sqm$10,500$8,500
Rent (1BR)$1,200/mo$2,200/mo
Rent (3BR)$2,200/mo$3,500/mo
Price-to-Income18.5x10.2x
Mortgage Rate4.2%5.2%
1yr Change-2.8%-2.1%
Median Income$30,000/yr$67,000/yr
Population28,500,0002,900,000
ShanghaiView full details โ†’TorontoView 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 Shanghai or Toronto more expensive?
Shanghai is more affordable. Home prices differ by $130,000 (19%).
Which city has cheaper rent, Shanghai or Toronto?
Rent for a 1BR in Shanghai is $1,200/mo vs $2,200/mo in Toronto.

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