Hungary - Housing Cost Overburden
Since 2014, Hungary Housing Cost Overburden jumped by 5.3points year on year. In 2019, the country was ranked number 9 comparing other countries in Housing Cost Overburden at 22.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Hungary is overtaken by Sweden, which was number 8 at 23.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by United Kingdom at 21.1 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Greece topped the ranking with 40.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, that is a growth of 1.3points versus 2018. Chile, Luxembourg and Spain respectively ranked number 2, 3 and 4 in this ranking. 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.
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| Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
|---|---|
| 2019 | 22.30 |
| 2018 | 21.40 |
| 2017 | 21.70 |
| 2016 | 16.80 |
| 2015 | 15.50 |
How does Hungary 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 | |
| 8 |
#8
Sweden
|
23.30 % | 2019 | +1.8 % | +5.3 % | View data | |
| 9 |
#9
Hungary
|
22.30 % | 2019 | +4.2 % | +5.3 % | View data | |
| 10 |
#10
United Kingdom
|
21.10 % | 2019 | -1.4 % | -2.6 % | View data | |