Paychecks vs Home Prices: Who Is Catching Up?
The average monthly salary in Sweden increased to around 38,300 SEK in 2022.
Last updated: 2026-03-19
Key insights
- The average monthly salary in Sweden increased to around 38,300 SEK in 2022.
- The median apartment price reached approximately 2,275,000 SEK in 2024.
- The rate of completed dwellings per 1,000 inhabitants was about 5.3 in 2024.
Analysis
Over the years, Sweden has seen a consistent rise in average monthly salaries, which climbed from around 32,000 SEK in 2015 to approximately 38,300 SEK in 2022. This upward trend indicates a positive shift in earnings for workers across the country.
In the housing market, the median price for apartments has shown fluctuations, with a notable increase to around 2,275,000 SEK by 2024. Despite a dip in 2023, the price has rebounded slightly in 2024, suggesting a stabilization in the market. Meanwhile, the number of completed dwellings per 1,000 inhabitants decreased to about 5.3 in 2024, reflecting potential challenges in housing supply amidst rising demand. Overall, these trends highlight dynamic changes in salaries, housing prices, and construction rates in Sweden.