HomePricePeek

Tokyo vs Vancouver

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Tokyo vs Vancouver

Tokyo is 45% more affordable for homebuyers. Tokyo has a price-to-income ratio of 10.8x compared to 13.5x in Vancouver.

MetricTokyoVancouver
Avg Home Price$450,000$820,000
Price / sqm$9,500$10,500
Rent (1BR)$1,200/mo$2,400/mo
Rent (3BR)$2,200/mo$3,800/mo
Price-to-Income10.8x13.5x
Mortgage Rate1.5%5.2%
1yr Change+3.5%-0.8%
Median Income$42,000/yr$61,000/yr
Population14,000,000680,000
TokyoView full details โ†’VancouverView 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 Tokyo or Vancouver more expensive?
Tokyo is more affordable. Home prices differ by $370,000 (45%).
Which city has cheaper rent, Tokyo or Vancouver?
Rent for a 1BR in Tokyo is $1,200/mo vs $2,400/mo in Vancouver.

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