Property Prices in Norway

Index
Price to Income Ratio:	8.52
Mortgage as Percentage of Income:	56.00%
Loan Affordability Index:	1.79
Price to Rent Ratio - City Centre:	27.55
Price to Rent Ratio - Outside of Centre:	24.87
Gross Rental Yield (City Centre):	3.63%
Gross Rental Yield (Outside of Centre):	4.02%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	10,371.57 kr	8,000.00-14,000.00
Apartment (1 bedroom) Outside of Centre	8,029.40 kr	6,000.00-11,000.00
Apartment (3 bedrooms) in City Centre	16,693.24 kr	12,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	12,979.21 kr	10,000.00-18,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	5,515.44 kr	3,251.58-8,361.20
Price per Square Feet to Buy Apartment Outside of Centre	3,861.35 kr	2,322.56-6,503.16
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	29,613.37 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.86	2.00-4.00

These data are based on 1914 entries in the past 18 months from 340 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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By City in Norway