Affordability Index

Business, Legal & Accounting Glossary

Definition: Affordability Index

Affordability Index

Full Definition of Affordability Index

A measure of the financial ability of U.S. families to buy a house. 100 means that families earning the national median income have just the amount of money needed to qualify for a mortgage on a median-priced home; higher than 100 means they have more than enough and lower than 100 means they have less than enough.

Cite Term

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Page URL
Modern Language Association (MLA):
Affordability Index. Payroll & Accounting Heaven Ltd.
December 08, 2021
Chicago Manual of Style (CMS):
Affordability Index. Payroll & Accounting Heaven Ltd. (accessed: December 08, 2021).
American Psychological Association (APA):
Affordability Index. Retrieved December 08, 2021
, from website:

Definition Sources

Definitions for Affordability Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.