Norway - Housing Cost Overburden
Since 2014, Norway Housing Cost Overburden was down by 0.4points year on year. In 2019, the country was ranked number 19 among other countries in Housing Cost Overburden at 16.4 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Norway is overtaken by Japan, which was number 18 with 16.9 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by Switzerland at 15.3 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, that is +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 recorded the worst performance at -7.6points per year.
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| Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
|---|---|
| 2019 | 16.40 |
| 2018 | 16.20 |
| 2017 | 15.40 |
| 2016 | 16.20 |
| 2015 | 17.40 |
How does Norway 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 | |
| 18 |
#18
Japan
|
16.90 % | 2019 | -1.2 % | -3.0 % | View data | |
| 19 |
#19
Norway
|
16.40 % | 2019 | +1.2 % | -0.4 % | View data | |
| 20 |
#20
Switzerland
|
15.30 % | 2019 | +0.0 % | +2.7 % | View data | |