Housing affordability ratio

Using averages for 2020–2022, Cambridge's housing affordability ratio was 12.7, compared with 8.4 across England. This means the median house price was 12.7 times median annual earnings, not that a household could realistically save for a home in 12.7 years. High prices disadvantage people trying to buy a first home and can make it harder for businesses to recruit workers who need somewhere affordable to live.