A typical household must spend more than half of its salary on mortgage payments in Mumbai since the city's home loan EMI to income ratio is a staggering 55%.
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Hyderabad
The second most costly city is Hyderabad, with an EMI to income ratio of 31%.
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Delhi-NCR
The third-placed region is the Delhi National Capital Region, where house loan EMIs cost 30% of your salary.
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Chennai
Tamil Nadu's Chennai is at the next spot with an EMI-to-income ratio of 28%.
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Pune, Maharashtra
Pune in Maharashtra takes the fifth place, where an average household must spend 26% of their income on home loan EMIs.
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Ahmedabad, the most affordable city
The most affordable Indian city to live in is Ahmedabad in Gujarat where an average household needs to pay 23% of its income for home loan EMIs.
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How was affordability calculated?
Affordability index, by Knight Frank, measures living affordability based on EMIs a resident in that city has to paywith home loan divided by total income of an average household.