Affordability - Statistics & Facts
Affordability measures the economic accessibility of essential goods and services, reflecting how income levels align with the costs of daily needs such as housing, food, and transportation. This indicator assesses living expenses relative to wages, highlighting economic accessibility and financial security across different regions. High affordability levels allow individuals to meet their needs without excessive financial strain, contributing to quality of life.
This page provides data, rankings, and analysis on affordability metrics, covering costs of essentials, income comparisons, and affordability indexes. Insights reveal the economic factors influencing affordability, including income growth, inflation, and regional variations in living expenses, offering a comprehensive look at economic well-being in daily life.
