Property Prices in Kongsberg, Norway

Index Info
Price to Income Ratio: 7.25
Mortgage as Percentage of Income: 59.37%
Loan Affordability Index: 1.68
Price to Rent Ratio - City Centre: 26.07
Price to Rent Ratio - Outside of Centre: 19.56
Gross Rental Yield (City Centre): 3.84%
Gross Rental Yield (Outside of Centre): 5.11%

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Rent Per Month
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1 Bedroom Apartment in City Centre 10,125.00 kr 8,500.00-14,000.00
1 Bedroom Apartment Outside of City Centre 10,000.00 kr 8,000.00-11,000.00
3 Bedroom Apartment in City Centre 18,750.00 kr 16,000.00-21,000.00
3 Bedroom Apartment Outside of City Centre 15,500.00 kr 14,000.00-16,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,419.30 kr 4,180.60-6,038.65
Price per Square Feet to Buy Apartment Outside of Centre 3,716.09 kr 3,716.09-3,716.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 33,900.00 kr
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.40 3.80-8.00

These data are based on 40 entries from 7 contributors over the past 18 months.
Last update: 2 March 2026

Sources and References
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