Property Prices Comparison Between Norway and Iceland 
Rent Per Month | Norway Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
13,109.58 NOK (169,074.73 ISK) |
18,818.12 NOK (242,697.97 ISK) |
+43.5 % |
| Apartment (1 bedroom) Outside of Centre |
9,263.35 NOK (119,469.78 ISK) |
16,753.98 NOK (216,076.68 ISK) |
+80.9 % |
| Apartment (3 bedrooms) in City Centre |
19,388.84 NOK (250,058.66 ISK) |
26,445.85 NOK (341,073.17 ISK) |
+36.4 % |
| Apartment (3 bedrooms) Outside of Centre |
14,991.90 NOK (193,351.13 ISK) |
23,952.70 NOK (308,918.92 ISK) |
+59.8 % |
Buy Apartment Price | Norway Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
6,211.12 NOK (80,105.01 ISK) |
5,735.69 NOK (73,973.43 ISK) |
-7.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
4,224.36 NOK (54,481.70 ISK) |
4,655.52 NOK (60,042.38 ISK) |
+10.2 % |
Salaries And Financing | Norway Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
35,929.97 NOK (463,390.26 ISK) |
45,264.37 NOK (583,776.29 ISK) |
+26.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.15 | 7.37 | +77.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 242 | 76 |
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