🇳🇴 Norway
Can you afford a house in Norway?
Unaffordable — by Demographia's classification
The country median home in Norway costs NOK 4,350,000 and the median household earns NOK 720,000 — a price-to-income ratio of 6.0×. Ranked 40 of 46 for housing cost relative to income.
Median home price
NOK 4,350,000
Norway average
Median household income
NOK 720,000
after tax
Avg mortgage rate
5.45%
min down 15%
How affordable is Norway for you?
Enter your income and savings to see your personal max-affordable price, years to a down payment, and how that compares to Norway's median.
Tell us about your finances
Annual numbers. We use country-typical interest rates and minimum down payments unless you change them.
Anchor: Norway average median 4,350,000 NOK · mortgage rate 5.45% · min down 15%