Housing costs as a percentage of household income reached 17.0 % in 2000 in Luxembourg, according to the National Statistical Office. This is 5.56 % less than in the previous year.
Historically, housing costs as a percentage of household income in Luxembourg reached an all time high of 22.0 % in 1995 and an all time low of 17.0 % in 1998. When compared to Luxembourg's main peers, housing costs as a percentage of household income in Belgium amounted to 22.0 %, 24.0 % in France, 25.0 % in Germany and 27.0 % in Netherlands in 2000.
Luxembourg has been ranked 10th within the group of 16 countries we follow in terms of housing costs as a percentage of household income.
The indicator shows how much a household spends on housing as a proportion of their total disposable income, which is often taken as an indicator of the affordability of housing.