Property Prices in Skien, Norway

Index Info
Price to Income Ratio: 5.24
Mortgage as Percentage of Income: 37.43%
Loan Affordability Index: 2.67
Price to Rent Ratio - City Centre: 17.24
Price to Rent Ratio - Outside of Centre: 16.12
Gross Rental Yield (City Centre): 5.80%
Gross Rental Yield (Outside of Centre): 6.20%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 9,500.00 kr 6,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 8,833.33 kr 7,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 11,000.00 kr
Apartment (3 bedrooms) Outside of Centre 9,000.00 kr
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 30,000.00 kr
Price per Square Meter to Buy Apartment Outside of Centre 25,000.00 kr
Salaries And Financing
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Average Monthly Net Salary (After Tax) 26,250.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80

These data are based on 12 entries from 3 contributors over the past 18 months.
Last update: December 2024

Sources and References
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