Price-to-income ratio

Every licensed economy, ranked by the latest quarter. Click a country in the list or the chart legend to show or hide it. Country desks cover a smaller set.

PeriodPrice/income
Q1 2026178.8
Q4 2025176.4
Q3 2025169.3
Q2 2025163.2
Q1 2025158.1
Q4 2024151.9
Q3 2024148.4
Q2 2024145.3
Q1 2024143.5
Q4 2023147.3
Q3 2023147.9
Q2 2023147.7
Q1 2023146.9
Q4 2022149.5
Q3 2022149.1
Q2 2022147.6
Q1 2022146.6
Q4 2021144.4
Q3 2021142.4
Q2 2021141.1
Q1 2021140.1
Q4 2020138.3
Q3 2020135.8
Q2 2020141.3
#CountryPrice/incomeChangePeriod
1Portugal178.8+2.4 (+1.4%)Q1 2026
2Netherlands135.5-0.1 (-0.1%)Q4 20253Spain132.5+3.9 (+3.0%)Q1 2026
4Czechia131.5+0.2 (+0.2%)Q1 2026
5Switzerland129.3+1.6 (+1.2%)Q2 20266United States125.1-0.6 (-0.5%)Q2 20267Australia124.9+3.4 (+2.8%)Q1 2026
8Slovenia124.1+0.4 (+0.3%)Q1 2026
9Canada120.9-4.9 (-3.9%)Q2 2026
10Luxembourg120.5+2.0 (+1.7%)Q1 2026
11Slovakia119.6+5.2 (+4.5%)Q1 2026
12Greece118.6-1.8 (-1.5%)Q4 2025
13Chile118.5-0.8 (-0.6%)Q4 2025
14Hungary118.4-11.9 (-9.1%)Q1 2026
15Austria118.3-0.2 (-0.1%)Q1 2026
16Ireland118.1-0.8 (-0.7%)Q1 2026
17Lithuania115.9+0.2 (+0.2%)Q2 2026
18Japan114.1-0.1 (-0.1%)Q4 2025
19Latvia112.0+0.8 (+0.7%)Q1 2026
20Estonia109.2-1.2 (-1.1%)Q1 2026
21Euro area108.4+0.7 (+0.6%)Q4 2025
22Croatia107.8+2.6 (+2.5%)Q1 2026
23Denmark107.0+2.5 (+2.3%)Q1 2026
24Germany104.5+0.1 (+0.1%)Q1 202625United Kingdom104.5-0.1 (-0.1%)Q2 202626Norway102.8-0.8 (-0.8%)Q2 202627New Zealand101.3-2.0 (-2.0%)Q4 2025
28Poland97.2-0.3 (-0.3%)Q1 2026
29Belgium94.9-1.3 (-1.3%)Q1 2026
30Sweden92.5+0.5 (+0.6%)Q1 202631France92.2-1.3 (-1.4%)Q2 2026
32Bulgaria91.6+0.9 (+1.0%)Q1 2026
33South Africa90.3+0.5 (+0.5%)Q4 2025
34Italy89.1-0.2 (-0.2%)Q1 2026
35Colombia87.3+0.3 (+0.3%)Q4 2024
36Finland76.4-0.1 (-0.2%)Q1 2026
37Korea74.9-0.8 (-1.0%)Q1 2025
38Romania50.6-3.3 (-6.1%)Q1 2026

What the price-to-income ratio is

OECD house-price-to-income ratios. An affordability comparison, not a transaction price. Ranked by each economy’s latest quarter.

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).

What this measure means and how to read it

The price-to-income ratio compares house prices with the income available to households. The OECD compiles it from national house-price and income measures on a 2015=100 base; Younivi republishes the OECD measure. It is an affordability indicator, not a transaction price. A value above 100 means prices have risen faster than incomes since the 2015 reference.

Use changes over time to see whether housing has become more stretched relative to incomes. The direction is more informative than comparing raw levels between economies, because income definitions, taxes and housing markets differ. A rising ratio can reflect faster price growth, weaker income growth, or both.

The ratio does not include mortgage interest, deposits or other ownership costs. It uses broad aggregates and does not show how housing is distributed across households or cities. It cannot value a particular property or predict future prices.

For a comparison with the price-to-rent ratio, see the Younivi note Price-to-income versus price-to-rent.