Cost of Living in Norway (2024)

FAQs

Is the cost of living good in Norway? ›

Summary of cost of living in Norway: A family of four estimated monthly costs are 4,245.1$ (46,293.1kr) without rent. A single person estimated monthly costs are 1,186.7$ (12,941.2kr) without rent. Cost of living in Norway is, on average, 6.6% higher than in United States.

Cost of living in United States is 11% more expensive than in Norway.

While the monthly cost of living in Norway may seem daunting, with careful planning and budgeting, you can manage it easily. As discussed, the high cost of living in Norway can be partially offset by working part-time, eating home-cooked meals, and looking for affordable shared accommodation options.

Norway's house price on average for a detached home in the country is 24,917 NOK (2,713 USD) per square meter.

Rent Prices

The average rent across the entire country is 9,880 NOK (920 USD). Keep in mind that when renting in this country, you will be required to put down a large security deposit. This can be between three to six months' rent!

Beverage Basics: Price of a Beer and Coffee in Norway

The price of a beer in Norway surprised me —typically ranging from 80 (£6.01) to 100 (7.34£ ) kroner for a pint. As for us coffee lovers, a good cup of coffee can cost 30 (2.20£) and 50 (3.67£) kroner.

Some of the benefits of establishing yourself in Norway are the beautiful scenery, good job prospects, a tolerant and accepting state, amazing maternity and paternity benefits, and free healthcare and education—even at the university level for international students!

The cost of living is extremely high

Rents and home prices in Norway are extremely expensive. The cost of food is also high, especially if you're dining out. If you don't like to cook at home, you may need to take a good, long look at your budget to see if you can afford to live in Norway.

An American citizen can permanently live and work in Norway through a two-step process: obtaining a temporary residence permit followed by applying for permanent residency. Here's a breakdown of the steps involved: Temporary Residence Permit: Find Employment: The first step involves securing a job offer in Norway.

What US state is most like Norway? ›

Minnesota, Wisconsin, Washington state, Montana, and North Dakota are most similar to Norway.

However, according to the figures in Numbeo, a single person (living outside of Oslo) should be comfortable on a 500,000 - 600,000 NOK salary per year, while a family (living outside of Oslo) should be comfortable on an 800,000 - 1,000,000 NOK annual salary.

Anyone registered as a resident in Norway has a right to access the Norwegian state healthcare system. State healthcare in Norway is not completely free. Healthcare costs are covered by both the state and through patient contributions (user fees).

How Much Money Should I Take to Norway? Plan on taking a dollar amount of at least three to five times your monthly expenses. Upfront fees upon your arrival in the country could include a housing deposit equalling up to six months of rent plus the cost of insurance and setting up your new home.

How Much Money Should I Take to Norway? Plan on taking a dollar amount of at least three to five times your monthly expenses. Upfront fees upon your arrival in the country could include a housing deposit equalling up to six months of rent plus the cost of insurance and setting up your new home.

Additional Information: The Norwegian Directorate of Immigration stated that permanent residence applicants must prove that they have earned at least NOK 296,550 (about US$26,900) in the previous year. Exceptions do apply for certain individuals either through employment or alternative means of financial support.