Property Prices in Baerum, Norway

Index
Price to Income Ratio:	11.08
Mortgage as Percentage of Income:	84.14%
Loan Affordability Index:	1.19
Price to Rent Ratio - City Centre:	23.04
Price to Rent Ratio - Outside of Centre:	23.41
Gross Rental Yield (City Centre):	4.34%
Gross Rental Yield (Outside of Centre):	4.27%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	15,000.00 kr	12,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre	13,000.00 kr	10,000.00-16,000.00
Apartment (3 bedrooms) in City Centre	30,666.67 kr	15,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre	21,000.00 kr	13,000.00-35,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	7,432.18 kr	5,574.14-10,219.25
Price per Square Feet to Buy Apartment Outside of Centre	5,883.81 kr	5,109.62-7,432.18
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	32,333.33 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.50	2.00-7.00

These data are based on 23 entries in the past 18 months from 3 different contributors.
Last update: September 2020

Sources and References

Nearby cities:

Property Prices in Asker	9.61 miles
Property Prices in Oslo	12.46 miles
Property Prices in Drammen	20.89 miles
Property Prices in Oppegard	21.22 miles
Property Prices in Lillestrom	25.58 miles
Property Prices in Ski	29.11 miles
Property Prices in Drobak	34.34 miles
Property Prices in Jessheim	38.34 miles
Property Prices in Askim	45.18 miles
Property Prices in Kongsberg	45.66 miles

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country data (source The World Bank, 2019)
GDP Per Capita ($) :	72,100.00
GDP Growth Rate:	1.80%
Population Growth Rate:	1.01%