Price comparison
Berlin instead of New York: only 45 per cent of the price.
According to Numbeo, a square metre of a flat in the centre of New York costs around 19,221 US dollars, in Berlin around 8,683. In New York you pay 2.2 times as much.
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In brief
Buying a flat in Berlin or New York: the price difference
Anyone buying 80 square metres in New York pays around 1,537,680 US dollars according to Numbeo. The same floor area in Berlin costs around 694,640 US dollars. With the budget for 80 square metres in New York, you get around 177 square metres in Berlin. On top come around 11 to 11.6 per cent in buying costs in Berlin, including 6.0 per cent real estate transfer tax. Foreigners may buy in Germany even without residence.
Per square metre you pay around 10,538 US dollars more in New York than in Berlin, a premium of 121 per cent. For the same amount, Berlin offers considerably more living space.
Frequently asked questions
Berlin or New York: frequently asked questions.
Answers as of: 18 October 2026
Is a flat in Berlin cheaper than in New York?
Yes. According to Numbeo, a square metre of a flat in the centre costs around 8,683 US dollars in Berlin and around 19,221 in New York. Berlin is therefore at 45 per cent of the price in New York.
How much living space do I get in Berlin for my budget from New York?
With the price of 80 square metres in New York (around 1,537,680 US dollars) you buy around 177 square metres in Berlin.
What buying costs apply in Berlin?
With an agent, around eleven to twelve per cent of the purchase price: 6.0 per cent real estate transfer tax, around 1.5 to 2.0 per cent for notary and land register and usually 3.57 per cent commission including VAT.
Can foreigners buy a flat in Berlin?
Yes. Nationality and place of residence do not matter for the purchase. The hurdles are in the financing, not in the purchase itself.
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