Northern Europe: Property Prices Index by City 2023

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
London, United Kingdom 16.0 3.5 4.2 28.7 23.8 108.7 0.9
Saint Helier, Jersey 15.5 4.4 3.7 22.7 26.7 100.9 1.0
Stockholm, Sweden 14.3 2.7 3.2 37.0 31.2 94.0 1.1
Vilnius, Lithuania 13.4 4.0 4.2 25.1 23.9 84.9 1.2
Tallinn, Estonia 12.3 3.7 3.8 27.4 26.1 76.7 1.3
Oslo, Norway 11.1 3.0 3.3 33.1 30.0 72.7 1.4
Helsinki, Finland 10.4 2.9 3.9 35.0 25.9 58.6 1.7
Kaunas, Lithuania 10.1 3.7 4.2 27.0 24.0 64.1 1.6
Dublin, Ireland 9.9 5.7 7.8 17.6 12.8 68.6 1.5
Espoo, Finland 9.5 3.4 4.0 29.1 24.7 53.4 1.9
Tartu, Estonia 9.1 3.9 4.2 25.9 23.8 56.1 1.8
Copenhagen, Denmark 9.0 4.6 4.9 21.6 20.4 52.9 1.9
Riga, Latvia 8.9 4.1 4.9 24.1 20.5 56.5 1.8
Gothenburg, Sweden 8.8 3.6 4.0 27.5 24.8 57.5 1.7
Edinburgh, United Kingdom 8.3 5.1 4.6 19.7 21.7 51.9 1.9
Tromso, Norway 8.2 3.7 3.5 27.3 28.7 54.3 1.8
Bergen, Norway 7.8 3.8 4.9 26.3 20.2 50.0 2.0
Stavanger, Norway 7.7 4.1 3.9 24.6 25.9 53.1 1.9
Liverpool, United Kingdom 7.7 4.3 5.9 23.2 16.9 52.9 1.9
Tampere, Finland 7.5 3.7 3.8 26.8 26.1 42.1 2.4
Reykjavik, Iceland 7.4 4.9 5.8 20.4 17.2 61.7 1.6
Trondheim, Norway 7.4 3.4 3.7 29.3 26.9 47.6 2.1
Belfast, United Kingdom 7.4 5.2 4.9 19.2 20.5 48.2 2.1
Aarhus, Denmark 7.3 3.9 4.4 25.7 22.6 45.9 2.2
Glasgow, United Kingdom 7.2 3.7 5.7 27.3 17.7 50.1 2.0
Manchester, United Kingdom 7.1 5.3 5.4 18.9 18.4 47.2 2.1
Turku, Finland 6.2 3.4 5.8 29.5 17.2 35.8 2.8
Malmo, Sweden 6.1 4.1 4.7 24.3 21.4 36.9 2.7
Cork, Ireland 5.8 8.1 8.8 12.4 11.4 38.3 2.6
Aalborg, Denmark 5.6 3.7 3.6 27.4 27.7 33.9 3.0
Aberdeen, United Kingdom 5.3 5.1 4.6 19.6 21.9 36.4 2.7
Coventry, United Kingdom 4.8 5.1 4.8 19.5 20.9 35.8 2.8