Property Prices in Alesund, Norway

Index
Price to Income Ratio:	4.04
Mortgage as Percentage of Income:	29.49%
Loan Affordability Index:	3.39
Price to Rent Ratio - City Centre:	21.22
Price to Rent Ratio - Outside of Centre:	14.44
Gross Rental Yield (City Centre):	4.71%
Gross Rental Yield (Outside of Centre):	6.93%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	9,500.00 kr	9,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre	7,833.33 kr	6,000.00-10,000.00
Apartment (3 bedrooms) in City Centre	13,666.67 kr	12,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre	11,333.33 kr	10,000.00-12,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	3,716.09 kr	2,787.07-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre	2,090.30 kr	1,858.05-2,322.56
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	38,642.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.03	3.75-4.50

These data are based on 27 entries in the past 18 months from 5 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Bergen	140.00 miles
Property Prices in Molde	166.28 miles
Property Prices in Lalm	174.64 miles
Property Prices in Kristiansund	184.61 miles
Property Prices in Lillehammer	236.62 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	67,500.00
GDP Growth Rate:	3.28%
Population Growth Rate:	0.60%