Property Prices in Tromso, Norway

Index Info
Price to Income Ratio: 8.65
Mortgage as Percentage of Income: 55.34%
Loan Affordability Index: 1.81
Price to Rent Ratio - City Centre: 26.33
Price to Rent Ratio - Outside of Centre: 26.45
Gross Rental Yield (City Centre): 3.80%
Gross Rental Yield (Outside of Centre): 3.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 11,000.00 kr 9,000.00-14,000.00
Apartment (1 bedroom) Outside of Centre 8,837.50 kr 7,500.00-12,000.00
Apartment (3 bedrooms) in City Centre 17,285.71 kr 15,000.00-19,000.00
Apartment (3 bedrooms) Outside of Centre 15,037.50 kr 12,500.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,535.69 kr 4,645.11-6,967.67
Price per Square Feet to Buy Apartment Outside of Centre 4,621.89 kr 3,251.58-6,967.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 31,603.56 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.57 2.00-3.30

These data are based on 91 entries in the past 18 months from 14 different contributors.
Last update: April 2021

Sources and References
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