Property Prices Comparison Between Norway and Iceland 
Rent Per Month | Norway Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
12,871.12 NOK (163,837.47 ISK) |
21,784.12 NOK (277,291.67 ISK) |
+69.2 % |
| Apartment (1 bedroom) Outside of Centre |
9,816.67 NOK (124,957.10 ISK) |
19,585.89 NOK (249,310.34 ISK) |
+99.5 % |
| Apartment (3 bedrooms) in City Centre |
20,091.26 NOK (255,743.21 ISK) |
30,949.74 NOK (393,961.54 ISK) |
+54.0 % |
| Apartment (3 bedrooms) Outside of Centre |
15,545.45 NOK (197,879.27 ISK) |
26,559.20 NOK (338,074.07 ISK) |
+70.8 % |
Buy Apartment Price | Norway Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
6,913.10 NOK (87,997.37 ISK) |
6,726.11 NOK (85,617.11 ISK) |
-2.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
4,652.28 NOK (59,219.24 ISK) |
5,726.95 NOK (72,898.79 ISK) |
+23.1 % |
Salaries And Financing | Norway Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
36,924.22 NOK (470,011.15 ISK) |
43,325.76 NOK (551,496.87 ISK) |
+17.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.47 | 9.76 | +118.2 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 222 | 53 |
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