Page 137 - U4SSC KPIs Verification Manual - A guide for verifiers
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Dimension          Society and Culture
              Sub-Dimension     Safety, Housing and Social Inclusion

              Category          Housing
              KPI Name          Housing Expenditure
              KPI No.           SC: SH: HO: 2A    Type:          Advanced       Type:          Structural

              Definition /      Percentage expenditure of income for housing
              Description

              Rationale /       Housing expenditure includes rent, mortgage, utility services, maintenance, energy
              Interpretation /   efficiency repairs, and other repairs.
              Benchmarking
                                Housing costs are critical determinants of the living conditions of individuals and
                                households. Concerns about housing affordability are important, especially when
                                there is a sharp rise in home prices, rents and energy prices. Housing is one of the
                                largest components of household expenditures and assets. As a consequence,
                                higher housing prices can strain the budget of those households that do not own
                                their main residence and also increase households' wealth and financial well-being
                                for those that do.

                                Presenting housing expenditure shows how much income goes to housing services
                                and provides a means to compare such expenditures over time and between
                                countries. (OECD)
                                A declining trend and lower values are considered positive.
              Source(s)         NOTE – OECD. Housing. Retrieved from <http:// www .oecdbetterlifeindex .org/
                                topics/ housing/ >
              Methodology       Calculate as:
                                Numerator: Expenditure on Housing (USD).
                                Denominator: Total household income (USD).

                                Multiply by 100.
              Unit              Percentage
              Data Sources      Data can be obtained through national statistics offices.
              / Relevant        NOTE – National data available for certain countries. Retrieved from <https:// stats
              Databases
                                .oecd .org/ >

              SDG Reference(s)  SDG Target: 11.1: By 2030, ensure access for all to adequate, safe and affordable
                                housing and basic services and upgrade slums.
             Verification       Check household income for consistency.
             Guidance
                                Check that household income and not individual income is used.
                                Ensure currency is updated on data collection template.
                                DATA VALUES:
                                In the OECD, households on average spend around 20 per cent of their gross
                                adjusted disposable income on keeping a roof over their heads. The level of
                                housing costs in household budgets varies from 26 per cent in New Zealand and
                                the United Kingdom to 15 per cent in the Republic of Korea.






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