Property Prices in Larvik, Norway

Index
Price to Income Ratio:	5.40
Mortgage as Percentage of Income:	41.90%
Loan Affordability Index:	2.39
Price to Rent Ratio - City Centre:	18.38
Price to Rent Ratio - Outside of Centre:	17.31
Gross Rental Yield (City Centre):	5.44%
Gross Rental Yield (Outside of Centre):	5.78%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	12,000.00 kr
Apartment (1 bedroom) Outside of Centre	8,000.00 kr	6,000.00-10,000.00
Apartment (3 bedrooms) in City Centre	13,500.00 kr	10,000.00-17,000.00
Apartment (3 bedrooms) Outside of Centre	11,000.00 kr	7,000.00-15,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	3,716.09 kr
Price per Square Feet to Buy Apartment Outside of Centre	2,508.36 kr
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	31,000.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.75	4.50-5.00

These data are based on 13 entries in the past 18 months from 2 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Sandefjord	11.40 miles
Property Prices in Porsgrunn	13.97 miles
Property Prices in Skien	21.17 miles
Property Prices in Siljan	30.89 miles
Property Prices in Horten	32.91 miles
Property Prices in Kongsberg	56.44 miles
Property Prices in Drammen	58.28 miles
Property Prices in Asker	69.93 miles
Property Prices in Baerum	77.37 miles
Property Prices in Arendal	80.23 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%