Property Prices in Kristiansand, Norway

Index Info
Price to Income Ratio: 5.68
Mortgage as Percentage of Income: 42.36%
Loan Affordability Index: 2.36
Price to Rent Ratio - City Centre: 21.63
Price to Rent Ratio - Outside of Centre: 16.94
Gross Rental Yield (City Centre): 4.62%
Gross Rental Yield (Outside of Centre): 5.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 10,000.00 kr 8,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 9,000.00 kr 7,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 16,750.00 kr 15,000.00-18,000.00
Apartment (3 bedrooms) Outside of Centre 13,333.33 kr 12,000.00-16,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,246.93 kr 3,450.58-5,109.62
Price per Square Feet to Buy Apartment Outside of Centre 2,843.51 kr 1,970.92-3,716.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 33,593.81 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.29 3.80-5.21

These data are based on 37 entries in the past 18 months from 9 different contributors.
Last update: September 2024

Sources and References
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