Property Prices in Bergen, Norway

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Index Info
Price to Income Ratio: 7.34
Mortgage as Percentage of Income: 56.63%
Loan Affordability Index: 1.77
Price to Rent Ratio - City Centre: 23.87
Price to Rent Ratio - Outside of Centre: 20.02
Gross Rental Yield (City Centre): 4.19%
Gross Rental Yield (Outside of Centre): 4.99%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 12,978.12 kr 11,000.00-16,000.00
Apartment (1 bedroom) Outside of Centre 9,785.71 kr 8,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 20,543.37 kr 16,500.00-24,000.00
Apartment (3 bedrooms) Outside of Centre 15,750.00 kr 12,000.00-21,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 5,937.55 kr 5,710.80-6,131.55
Price per Square Feet to Buy Apartment Outside of Centre 3,782.45 kr 3,251.58-4,645.11
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 35,613.10 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.68 3.80-5.80

These data are based on 148 entries in the past 18 months from 24 different contributors.
Last update: January 2025

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