Property Prices in Norway

Index
Price to Income Ratio:	7.67
Mortgage as Percentage of Income:	49.77%
Loan Affordability Index:	2.01
Price to Rent Ratio - City Centre:	25.85
Price to Rent Ratio - Outside of Centre:	23.64
Gross Rental Yield (City Centre):	3.87%
Gross Rental Yield (Outside of Centre):	4.23%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	10,521.31 kr	8,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre	8,287.95 kr	6,211.66-12,000.00
Apartment (3 bedrooms) in City Centre	18,176.45 kr	14,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	14,013.12 kr	10,000.00-19,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	5,412.74 kr	3,251.58-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre	3,863.07 kr	2,322.56-7,432.18
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	32,563.39 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.73	2.00-4.00

These data are based on 1110 entries in the past 18 months from 158 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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By City in Norway