Northern Europe: Property Prices Index by City 2025

Chart: Price to Income Ratio

Rank	City	Price To Income Ratio	Gross Rental Yield City Centre	Gross Rental Yield Outside of Centre	Price To Rent Ratio City Centre	Price To Rent Ratio Outside Of City Centre	Mortgage As A Percentage Of Income	Affordability Index
1	London, United Kingdom	18.6	3.1	4.1	31.8	24.1	148.0	0.7
2	Vilnius, Lithuania	13.6	3.1	3.5	32.4	28.4	103.0	1.0
3	Tallinn, Estonia	11.8	3.3	3.6	30.3	28.0	96.9	1.0
4	Stockholm, Sweden	11.7	3.2	3.8	31.0	26.0	88.6	1.1
5	Trondheim, Norway	11.7	2.9	3.3	34.3	30.4	86.2	1.2
6	Helsinki, Finland	10.9	2.8	3.7	35.2	27.3	78.8	1.3
7	Kaunas, Lithuania	10.3	3.7	4.2	26.7	23.9	76.9	1.3
8	Oslo, Norway	10.3	3.5	3.9	28.7	25.9	81.5	1.2
9	Bristol, United Kingdom	10.1	5.2	4.3	19.1	23.3	84.8	1.2
10	Dublin, Ireland	9.3	6.1	6.3	16.3	15.8	69.3	1.4
11	Cambridge, United Kingdom	9.1	4.6	4.7	21.6	21.2	75.6	1.3
12	Riga, Latvia	8.7	4.0	4.3	25.0	23.2	65.9	1.5
13	Copenhagen, Denmark	8.4	4.8	5.0	20.7	20.0	62.5	1.6
14	Reykjavik, Iceland	8.2	6.1	6.4	16.4	15.5	90.5	1.1
15	Edinburgh, United Kingdom	7.8	5.2	5.6	19.3	17.9	65.8	1.5
16	Gothenburg, Sweden	7.8	3.5	3.9	28.5	25.6	58.3	1.7
17	Tampere, Finland	7.5	3.4	3.8	29.0	26.0	53.7	1.9
18	Bergen, Norway	7.4	4.2	5.1	23.9	19.6	56.8	1.8
19	Manchester, United Kingdom	7.2	5.8	6.3	17.2	15.9	61.7	1.6
20	Reading, United Kingdom	7.0	6.3	5.5	15.8	18.1	58.8	1.7
21	Cork, Ireland	6.4	8.1	7.3	12.4	13.6	48.6	2.1
22	Stavanger, Norway	5.4	5.2	6.1	19.3	16.4	39.8	2.5
23	Liverpool, United Kingdom	5.1	7.5	6.0	13.3	16.7	43.1	2.3
24	Glasgow, United Kingdom	4.8	7.9	7.0	12.6	14.4	39.7	2.5
25	Aberdeen, United Kingdom	3.8	6.1	6.1	16.3	16.4	33.4	3.0