Housing Prices vs Income
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.
- Median apartment prices peaked at around 2,310,000 SEK in 2021 before slightly declining to approximately 2,275,000 SEK in 2024.
- The number of sold apartments in 2024 was about 102,000, showing a recovery from the previous year.
Analysis
Between 2015 and 2022, Sweden experienced a steady growth in average monthly salaries, rising from around 32,000 SEK to approximately 38,300 SEK. This upward trend reflects a general increase in earnings over the years, indicating positive economic movement in the labor market.
In the apartment market, the median price saw fluctuations, reaching a high of around 2,310,000 SEK in 2021 before declining to about 2,275,000 SEK in 2024. This decline follows a trend of decreased activity in the housing market, as evidenced by the number of sold apartments, which decreased significantly to around 90,000 in 2023 before rebounding to approximately 102,000 in 2024. Meanwhile, the number of completed dwellings per 1,000 inhabitants was around 5.3 in 2024, suggesting a robust level of new construction despite earlier declines.