Property Prices in Bergen, Norway

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Index
Price to Income Ratio:	8.04
Mortgage as Percentage of Income:	61.35%
Loan Affordability Index:	1.63
Price to Rent Ratio - City Centre:	22.84
Price to Rent Ratio - Outside of Centre:	19.72
Gross Rental Yield (City Centre):	4.38%
Gross Rental Yield (Outside of Centre):	5.07%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	12,877.27 kr	11,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre	10,083.33 kr	9,000.00-12,500.00
Apartment (3 bedrooms) in City Centre	20,841.06 kr	18,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	15,769.23 kr	13,000.00-21,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	5,689.81 kr	4,645.11-6,131.55
Price per Square Feet to Buy Apartment Outside of Centre	3,793.51 kr	2,787.07-4,645.11
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	31,757.25 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.57	3.80-5.60

These data are based on 135 entries in the past 18 months from 22 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Haugesund	133.86 miles
Property Prices in Stavanger	177.58 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	67,500.00
GDP Growth Rate:	3.28%
Population Growth Rate:	0.60%