Price-to-income ratio
nounprice-to-in·come ra·ti·opronounced PRYSS-too-IN-kum RAY-shee-oh
Last reviewed 16 April 2026
What does the noun Price-to-income ratio mean?
The ratio of median dwelling prices to median household income. A ratio of 8.0 means the typical home costs 8 times the typical annual household income. Used as a standard measure of housing affordability.
How the noun Price-to-income ratio is used
With Sydney's price-to-income ratio sitting around 13, it takes the typical household 13 years of gross income to match the median dwelling price.
Synonyms
dwelling-to-income ratio, housing affordability ratio
Related words
Cite this entry
MLA citation: "Price-to-income ratio." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/price-to-income-ratio. Accessed 29 May 2026.
Chicago citation: How to Property. "Price-to-income ratio." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/price-to-income-ratio.
APA citation: How to Property. (2026, April 16). Price-to-income ratio. https://howtoproperty.com.au/definitions/price-to-income-ratio