Property Prices in Akureyri, Iceland

Index
Price to Income Ratio:	4.64
Mortgage as Percentage of Income:	36.14%
Loan Affordability Index:	2.77
Price to Rent Ratio - City Centre:	16.69
Price to Rent Ratio - Outside of Centre:	19.00
Gross Rental Yield (City Centre):	5.99%
Gross Rental Yield (Outside of Centre):	5.26%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	155,000.00 kr	140,000.00-200,000.00
Apartment (1 bedroom) Outside of Centre	125,000.00 kr	100,000.00-190,000.00
Apartment (3 bedrooms) in City Centre	245,000.00 kr	210,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre	207,500.00 kr	180,000.00-265,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	49,547.88 kr	37,160.91-74,321.81
Price per Square Feet to Buy Apartment Outside of Centre	46,451.13 kr	32,515.79-74,321.81
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	556,666.67 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.80	2.50-9.40

These data are based on 39 entries in the past 18 months from 6 different contributors.
Last update: January 2024

Sources and References

Nearby cities:

Property Prices in Grenivik	24.89 miles
Property Prices in Dalvik	26.88 miles
Property Prices in Husavik	58.06 miles
Property Prices in Reykjahlid	62.58 miles
Property Prices in Hofsos	81.86 miles
Property Prices in Blonduos	89.86 miles
Property Prices in Kopasker	117.71 miles
Property Prices in Hvammstangi	125.99 miles
Property Prices in Raufarhofn	138.52 miles
Property Prices in Bordeyri	143.92 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	55,600.00
GDP Growth Rate:	7.24%
Population Growth Rate:	0.89%