Sweden · Europe · Population: 1,000,000
Stockholm is moderately affordable compared to major global cities, with a slight cooling in the housing market. The city has moderate rental prices. At $420,000 average home price in Sweden, buyers should consider the 8.8x price-to-income ratio when planning a purchase.
| Average Home Price | $420,000 |
| Price per sqm | $7,500 |
| Price-to-Income Ratio | 8.8x |
| Mortgage Rate | 4.2% |
| 1-Year Price Change | -1.8% |
| 1-Bedroom Apartment | $1,400/mo |
| 3-Bedroom Apartment | $2,200/mo |
| Rent-to-Income Ratio | 28% |
| Median Household Income | $48,000/year |
| Years to Buy (at median income) | 8.8 years |
| Local Currency | SEK |
With a price-to-income ratio of 8.8x, Stockholm requires significant savings to purchase property. At a mortgage rate of 4.2%, monthly payments could consume a large share of income. Home prices have decreased 1.8% in the past year.
Cities worldwide with home prices closest to Stockholm
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