Property Prices in Bergen, Norway

Index Info
Price to Income Ratio: 7.83
Mortgage as Percentage of Income: 51.80%
Loan Affordability Index: 1.93
Price to Rent Ratio - City Centre: 25.30
Price to Rent Ratio - Outside of Centre: 21.03
Gross Rental Yield (City Centre): 3.95%
Gross Rental Yield (Outside of Centre): 4.76%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 11,280.77 kr 10,000.00-13,000.00
Apartment (1 bedroom) Outside of Centre 9,246.15 kr 7,700.00-12,500.00
Apartment (3 bedrooms) in City Centre 19,879.91 kr 16,000.00-24,000.00
Apartment (3 bedrooms) Outside of Centre 15,409.09 kr 12,000.00-22,495.07
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 5,729.42 kr 4,245.63-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 3,808.99 kr 2,229.65-5,109.62
Salaries And Financing
Average Monthly Net Salary (After Tax) 32,801.54 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.94 1.70-5.00

These data are based on 124 entries in the past 18 months from 20 different contributors.
Last update: May 2023

Sources and References
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