NUMBEO

Property Prices in Stavanger, Norway

Index Info
Price to Income Ratio: 7.29
Mortgage as Percentange of Income: 46.30%
Loan Affordability Index: 2.16
Price to Rent Ratio - City Centre: 24.01
Price to Rent Ratio - Outside of Centre: 23.38
Gross Rental Yield (City Centre): 4.17%
Gross Rental Yield (Outside of Centre): 4.28%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 9,617.65 kr 8,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 7,550.00 kr 6,000.00-9,000.00
Apartment (3 bedrooms) in City Centre 16,428.57 kr 13,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 13,250.00 kr 12,000.00-15,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 4,572.86 kr 3,716.09-6,038.65
Price per Square Feet to Buy Apartment Outside of Centre 3,537.51 kr 2,972.87-4,645.11
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 29,941.18 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.49 2.00-3.00

These data are based on 109 entries in the past 18 months from 17 different contributors.
Last update: October 2018

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2 Comments so far

#Sarita on Jun 30, 2018 :
#Lesley on Sep 14, 2016 : A small 1 bedroom apartment will cost you around 8,000kr per month but if you want something nice in the city expect to pay 10,000kr per month. In addition you will have to pay electricity, internet and TV which will cost you another 2000kr so around 12,000kr living costs. After tax you wont be left with much more than 20,00kr per month. Average is around 17,000kr per month after tax in a good job. Tax is higher if your single with no kids too, some 36 percent. And if you earn more than around 450,000kr per annum expect to pay 48% tax rate. Food will cost you another 3,000kr per month for one if you dont eat out and stick to basic living eating at home. A bus pass, which you can also use on the trains will cost you another 1000kr pm. So you wont get much change from your salary. Its very expensive to live in Norway and just so as your know, you will have big trouble getting a job unless you speak the language. There is a rule that unless you speak Norwegian and can pass a test in fluency, you will find it very hard to get employed. It is not just a case of going there and working. You also need a residence and work permit and will have to show you have 15,000 pounds in a bank and can support your self for a whole year without a job there, before you will get anywhere.
#Lesley on Sep 14, 2016 :
I am interested in living in Norway for one year as a teacher. What would I have to earn to rent a small apt?
On the other hand, what would a small home Cost to buy?