We all know that Edmonton is one of Canada’s most affordable cities, but a recent American study has shed light on how the city compares on the global stage.

The study, from California-based Chapman University, uses a median price-to-income ratio, or the median multiple, to determine the level of unaffordability in respective markets. The study has several different grades of unaffordability based on the median multiple:

Affordable (3.0 and under)

Moderately unaffordable (3.1 to 4.0)

Seriously unaffordable (4.1 to 5.0)

Severely unaffordable (5.1 to 8.9)

Impossibly unaffordable (9.o and above)

Edmonton had a median multiple of 3.7, meaning that the median house price was almost four times more than the median income of someone working in the city. While that puts the city firmly in “

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