Norway vs South Africa
Housing Market Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Norway vs South Africa
South Africa is 73% more affordable. Mortgage rates: Norway 4.5% vs South Africa 11.5%.
| Metric | Norway | South Africa |
|---|---|---|
| Avg Home Price | $450,000 | $120,000 |
| Price / sqm | $7,000 | $1,800 |
| Avg Rent (1BR) | $1,500/mo | $600/mo |
| Mortgage Rate | 4.5% | 11.5% |
| Homeownership | 82.0% | 56.0% |
| 1yr Change | +1.2% | +3.5% |
Top Cities in Norway
Top Cities in South Africa
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Norway or South Africa cheaper for housing?
South Africa has more affordable housing, with prices 73% lower.
Which has lower mortgage rates?
Norway has lower mortgage rates at 4.5%.
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