Full Cost of Living comparison Oslo vs New York City. (2024)

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Full Cost of Living comparison Oslo vs New York City.? ›

You would need around 6,993.4$ (75,529.0kr) in Oslo to maintain the same standard of life that you can have with 12,000.0$ in New York, NY (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare the cost of living and assume net earnings (after income tax).

You would need around 6,993.4$ (75,529.0kr) in Oslo to maintain the same standard of life that you can have with 12,000.0$ in New York, NY (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare the cost of living and assume net earnings (after income tax).

According to the Mercer Cost of Living Ranking (2023), Oslo now ranks 60th in the world, surpassed by cities such as Copenhagen (5th expensive), London (17th expensive), Helsinki (34th expensive) and Berlin (37th expensive). Oslo is not the most expensive city in the world anymore.

Summary of cost of living in Oslo, Norway: A family of four estimated monthly costs are 4,774.8$ (50,571.4kr) without rent. A single person estimated monthly costs are 1,330.8$ (14,094.6kr) without rent. Oslo is 18.1% less expensive than New York (without rent).

The big one 200 g costs around 5 EUR (50 NOK). For a loaf of bread, you need to count 3 EUR (30 NOK), and for a liter of milk 2 EUR (20 NOK). Bottled water is very expensive in Oslo. For a small bottle of 500 ml, it's 3 EUR (30 NOK).

The Norway housing market is somewhat competitive. The median sale price of a home in Norway was $163K last. The median sale price per square foot in Norway is $180, down 21.4% since last year.…

The average cost of living in Norway will depend on the lifestyle you lead and where in the country you choose to settle. Generally, though, you can expect to spend between 20,000 to 40,000 NOK (2,176–4,352 USD) per month to live in this Nordic country.

June 2018: Zurich, Geneva and Oslo are, according to the UBS research, the most expensive cities in the world. It is estimated that in Geneva the average family of three spends the equivalent of US$700 on food every month.

Oslo was the Norwegian city with the most expensive apartments and houses in 2024. In March that year, the average price per residential property in the Norwegian capital was approximately 6.4 million Norwegian kroner.

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.

What is the average rent in Oslo? ›

Some average costs of living in Oslo (in NOK and USD) are: Monthly rent (1 bedroom apartment): 13,100NOK ($1550) * Utilities (monthly average): 1200NOK ($140) Monthly public transport pass: 770NOK ($90)

Why Is Norwegian Food So Expensive? As you can see the price of fresh produce is high but you have to remember Norway imports a lot of its food from Sweden, Denmark, Germany and France. However by looking for First price or supermarket own brands such as Coop Extra items you can save costs.

Summary of cost of living in Norway: A family of four estimated monthly costs are 4,392.8$ (46,821.9kr) without rent. A single person estimated monthly costs are 1,231.4$ (13,124.9kr) without rent. Cost of living in Norway is, on average, 11.3% higher than in United States.

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.

The tap water in Norway is of excellent quality. You can drink tap water from anywhere as long as nothing else is stated. Bottled water can be bought in supermarkets, kiosks, gas stations and delis. Oslo is a safe city, with a relatively low crime rate.

The cultural norms surrounding alcohol in Norway are generally moderate, with alcohol often consumed during social events and holidays. However, it's worth noting that Norway alcohol is subject to high taxation, making it relatively expensive, a policy that is also part of the alcohol laws in the country.

How much is rent in Norway? The minimum house rent in Norway can be 4,000 NOK (437 USD) for a room in a shared home to upwards of 45,000 NOK (4,914 USD) for a large house with a view. You will find that apartments tend to be more expensive in and around the city.

Norwegians earn USD 55 780 per year on average, more than the OECD average of USD 49 165. Another essential factor of employment quality is job security, in terms of expected loss of earnings when someone becomes unemployed.

While Norway does live up to its reputation of being an expensive place to visit, you can definitely enjoy an affordable Norway vacation. The best places to see in Norway are actually free to access! Most tourists travel to this beautiful Scandinavian country to see the stunning natural scenery.

Norway is generally considered a very safe country with a high level of public trust. It's common to see people leave their belongings, like laptops, unattended at the cafe when they slip to the bathroom. Neighbors share and look after common spaces.