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Price per Square Meter Calculator

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How to calculate the price per square meterHow to use the price per square meter calculatorExample: comparing the price per square meter of different propertiesFAQs

If you've ever wondered how to calculate a price per square meter, you've come to the right place with our price per square meter calculator. Calculating a price per square meter isn't rocket science, but it can be a real headache. But fret not — with our price or cost per square meter calculator, long and painful calculations are a thing of the past.

Read on to find out:

  • How to calculate the cost per square meter; and
  • How to use our price per m2 calculator.

On top of that, at the end of this article, we'll show you an example of how to calculate and compare the price per square meter of different properties by hand. Ready?

How to calculate the price per square meter

The price per square meter makes it easier to compare different properties. You can use this measure to determine whether a property is financially viable. If you want to learn more about calculating square meters, visit our square meter calculator. But for now, the real question is how to calculate the price per square meter.

Well, the formula is straightforward:

price persquare meter=pricefloorspace(m2)\scriptsize \begin{gather*}\text{price per}\\[-0.4em]\text{square meter} \end{gather*} = \frac{\text{price}}{\mathrm{floor\,space\,(m^2)}}

If you are not looking to buy but to rent, you can use a similar formula to calculate the price per square meter of rent. Here it is:

rent persquare meter=monthly rentfloorspace(m2)\scriptsize \begin{gather*}\text{rent per}\\[-0.4em]\text{square meter} \end{gather*} = \frac{\text{monthly rent}}{\mathrm{floor\,space\,(m^2)}}

Don't know the floor space of the property? Don't worry, we've got just what you need. Try our surface area calculator.

How to use the price per square meter calculator

Our square meter price calculator is very user-friendly. Just follow the steps below:

  1. Enter the price or monthly rent of the property.

  2. Enter the surface area in square meters.

  3. The price per square meter is displayed automatically. You can show the result in other units by clicking on the in the calculator fields. You can also use our square meter converter.

  4. But that's not all! Our square meter price calculator lets you compare the price per square meter of other properties. All you have to do is tick the Yes box in the below sections.

  5. New fields appear for you to enter the details of the new property. Follow the same steps as for the first property.

  6. The price per square meter of the second property is displayed.

  7. If you have another property to compare, tick the Yes box again and proceed as before.

  8. And, that's it! Easy, isn't it?

Example: comparing the price per square meter of different properties

In this section, we will see a concrete example of how to calculate and compare the price per square meter of three different properties.

The time has finally come to buy your first home. You've visited several properties, and three have caught your eye. They are pretty similar in style but differ in price and surface area. You want to know which is the cheapest in terms of price per square meter.

  1. The price of the first house is $406,000 for 150 m2.
  2. The second house is priced at $410,000 for 152 m2.
  3. Finally, the price of the third house is $402,000 for 148 m2.

Let's use the formula seen above:

1sthouseprice persquare meter=$406,000150 m2=$2,706.67 perm2\scriptsize \begin{gather*}\mathrm{1^{st}\,house}\\[-0.4em]\text{price per}\\[-0.4em]\text{square meter} \end{gather*} \!\!=\!\! \frac{\mathrm{\$406,\!000}}{\mathrm{150 m^2}} \!\!=\!\$2,\!706.67 \mathrm{per\,m^2}
2ndhouseprice persquare meter=$410,000152 m2=$2,697.37 perm2\scriptsize \begin{gather*}\mathrm{2^{nd}\,house}\\[-0.4em]\text{price per}\\[-0.4em]\text{square meter} \end{gather*} \!\!=\!\! \frac{\mathrm{\$410,\!000}}{\mathrm{152 m^2}} \!\! =\!\$2,\!697.37 \mathrm{per\,m^2}
3rdhouseprice persquare meter=$402,000148 m2=$2,716.22 perm2\scriptsize \begin{gather*}\mathrm{3^{rd}\,house}\\[-0.4em]\text{price per}\\[-0.4em]\text{square meter} \end{gather*} \!\!=\!\! \frac{\mathrm{\$402,\!000}}{\mathrm{148 m^2}} \!\! =\!\$2,\!716.22 \mathrm{per\,m^2}

According to our calculations, the second house is the least expensive in terms of price per square meter. Don't hesitate to check the results with our price per m2 calculator.

Now that you've bought the house of your dreams, you may want to redecorate it to your taste. Check out our flooring and wallpaper tools for ideas.

FAQs

How do I calculate a price per square meter?

To calculate a price per square meter:

  1. Note the price of the property.
  2. Divide the price by the surface area.
  3. That's it! The result is the price per square meter.

What is a 100 square meter house price?

$250,000, assuming the price per square meter is $2,500. To calculate it, use this formula:

  • house price = price per m2 × house surface area

In our case:

  • house price = $2,500 per m2 × 100 m2 = $250,000

Where is the most expensive square meter in the world?

The Principality of Monaco ranks first for the highest price per square meter. This is due to a mix of small surface areas and high population density. The average price per square meter is $55,852 (€51,418).

What is a $400,000 house surface area?

170 m2, assuming the price per square meter is around $2,353. To calculate it, use this formula:

  • house surface area = house price / price per m2

In our case:

  • house surface area = $400,000 / $2,353 per m2 = 170 m2

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