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🇮🇸Iceland housing cost overburden rate

Iceland's housing cost overburden rate is 13.1% as of 2020, from official Eurostat data. It rose from 12.6% the previous year. Over the period shown it has ranged from 6.3% to 14.3%. That is 5.3 percentage points above the euro-area average of 7.8% — the 5th of 30 European countries that report it.

Housing cost overburden rate · Iceland
13.1%
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▲ 0.5 pp
Iceland housing cost overburden rate, last 10 years
Source: Eurostat (ilc_lvho07a) · data through 2020 · released 2026-09-17 · modifications: none

The housing cost overburden rate is the share of the population living in households that spend more than 40% of their disposable income on housing, after housing allowances. Housing costs include utilities such as water, electricity, gas and heating. It comes from the EU-SILC household survey and is published once a year.

See the full housing cost overburden rate ranking across Europe →

Iceland housing cost overburden rate — frequently asked questions

What is Iceland's housing cost overburden rate?
Iceland's housing cost overburden rate is 13.1% as of 2020, from official Eurostat data.
How does Iceland's housing cost overburden rate compare with the euro area?
It is the 5th-highest of 30 European countries that report it, against a euro-area average of 7.8%.
Is Iceland's housing cost overburden rate rising or falling?
It rose from 12.6% to 13.1% in the latest reading (2020).
What does “housing cost overburden rate” measure?
The housing cost overburden rate is the share of the population living in households that spend more than 40% of their disposable income on housing, after housing allowances. Housing costs include utilities such as water, electricity, gas and heating. It comes from the EU-SILC household survey and is published once a year.

Iceland — more indicators

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