Property Prices in Keflavik, Iceland

Index
Price to Income Ratio:	3.80
Mortgage as Percentage of Income:	31.02%
Loan Affordability Index:	3.22
Price to Rent Ratio - City Centre:	10.96
Price to Rent Ratio - Outside of Centre:	10.73
Gross Rental Yield (City Centre):	9.12%
Gross Rental Yield (Outside of Centre):	9.32%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	186,666.67 kr	130,000.00-230,000.00
Apartment (1 bedroom) Outside of Centre	133,333.33 kr	120,000.00-150,000.00
Apartment (3 bedrooms) in City Centre	241,666.67 kr	200,000.00-265,000.00
Apartment (3 bedrooms) Outside of Centre	185,000.00 kr	175,000.00-200,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	36,231.88 kr
Price per Square Feet to Buy Apartment Outside of Centre	26,012.63 kr
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	441,333.33 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.38	5.26-5.50

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Njardvik	0.24 miles
Property Prices in Hafnir	7.83 miles
Property Prices in Grindavik	14.75 miles
Property Prices in Hafnarfjörður (Hafnarfjorour)	23.66 miles
Property Prices in Gardabaer	25.67 miles
Property Prices in Kopavogur	28.16 miles
Property Prices in Reykjavik	30.27 miles
Property Prices in Akranes	55.65 miles
Property Prices in Selfoss	60.95 miles
Property Prices in Stokkseyri	62.92 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	55,600.00
GDP Growth Rate:	7.24%
Population Growth Rate:	0.89%