lagundatavus
Lagundatavus is a concept in economics and social policy that describes the extent to which goods and services are affordable for individuals or households. It considers the relationship between prices, incomes, and the ability to purchase essential items, including housing, food, healthcare, education, and energy. The term is often used in policy discussions to complement measures of availability and access, emphasizing whether price levels allow households to meet basic needs without excessive financial strain.
Measurement and indicators commonly used to assess lagundatavus include the share of income spent on essentials,
Policy relevance: affordability analysis informs housing subsidies, energy price programs, taxation and transfers, and social safety
Limitations and considerations: the concept depends on methodological choices such as the chosen basket of goods,
Related concepts include affordability, cost of living, housing affordability, and access to essential services.