Iceland - Housing Cost Overburden
Since 2014, Iceland Housing Cost Overburden rose 0.1points year on year. At 28.4 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, the country was ranked number 5 comparing other countries in Housing Cost Overburden. Iceland is overtaken by Spain, which was number 4 with 28.6 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by United States at 28.2 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Greece lead the ranking with 40.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, +1.3points versus 2018. Luxembourg recorded the best 5 years average growth at +6.4points per year, while Estonia was the worst growing country at -7.6points per year.
| Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
|---|---|
| 2019 | 28.40 |
| 2018 | 28.10 |
| 2017 | 27.80 |
| 2016 | 25.40 |
| 2015 | 32.90 |
How does Iceland rank in Housing Cost Overburden?
| # | 30 Countries | Percent of Households Devoting More Than 40% of their Income to Housing Costs | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
40.30 % | 2019 | +1.3 % | -0.8 % | View data | |
| 2 |
#2
Chile
|
37.40 % | 2019 | +3.6 % | NA | View data | |
| 4 |
#4
Spain
|
28.60 % | 2019 | -0.7 % | -2.6 % | View data | |
| 5 |
#5
Iceland
|
28.40 % | 2019 | +1.1 % | +0.1 % | View data | |
| 6 |
#6
United States
|
28.20 % | 2019 | -1.1 % | -1.6 % | View data | |