Housing affordability index

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A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs.^[1][2][3]

An HAI is seen as an overall indication of the cost of living in an area; with that said, a cost-of-living index would provide such information in more detail.^[3]