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North Macedonia: Housing Affordability

An editorial snapshot of country living conditions with trend, regional spread, and context links.

Latest value

ยท 2024

5.60% of population

EU 8.35 ยท -2.8 pp vs Europe

European ranking

25 / 34

Down 11 positions compared with previous year

Recent trend

Open trend

Population

1.8M

Country population ยท 2024

What this indicator measures

Measures the share of people living in households where total housing costs exceed 40% of disposable household income.

Lower values generally represent a more favorable situation.

Data source: Eurostat Housing cost overburden rate ilc_lvho07_r

Explore this indicator

Internal regions

No regional breakdown available for this indicator.

More context on this indicator

At a glance

North Macedonia performs more favourably than the European benchmark on Housing cost overburden rate, with a moderate gap. The trend context points to available multi-year trend with recent update. The wider topic context is mixed, combining pressure signals and relative strengths.

European comparison in North Macedonia

In North Macedonia, Housing burden is noticeably better than the European benchmark: 5.6% versus 8.4% in 2024, with a gap of 2.8 percentage points.

Recent trend

In North Macedonia, the available multi-year period shows improvement: the value moved from 7.80% in 2021 to 5.60% in 2024. The latest update, from 8.50% in 2023 to 5.60% in 2024, shows improvement. The recent signal is stronger than the primary one.

Reading within the topic

In North Macedonia, Housing & Energy Stress shows a mixed picture: pressure signals and relative strengths coexist across this indicator and its related indicators compared with Europe. Material recent changes among related indicators lean towards improvement.