Here's an interesting [report](http://demographia.com/dhi.pdf).

It studied only 8 countries(including the UK), but it does a good job I think.

Here are the most affordable cities:

![](https://imgprxy.stacker.news/mSTU-xhjJ7RegddxQQvfe8Mvg0QcZOHdflV_5boGB8s/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLmltZ3VyLmNvbS9vbjYzN2p0LnBuZw)

And the least affordable cities:

![](https://imgprxy.stacker.news/2u6fBFRRzGA0dTRp9bL2yqIsHbaQZucn5UzcjgrZhTk/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLmltZ3VyLmNvbS9jRzFFMFEzLnBuZw)

London ranks 83rd, just one spot above the last chart, with a median multiple of 8.7.

Median multiple is: (Median House Price/Median Household Income)

nullama

AVG house price in my area is: 22.81BTC
AVG income in my area is: 2.31BTC/yr
Price/Income ratio: 9.87

grayruby

The cost of a typical home in Britain today costs 6.7 times the average salary, new data shows.

London remains by far the most expensive place in the country to buy a home, with an average property price of £533,057.

Based on regional earnings, this puts the house price to income ratio at 9.3 - compared to ten a year ago - the highest of any region. Londoners typically earn £14,000 more per year than the UK average, but properties are nearly £250,000 pricier.