Median Income by Region
The average monthly salary in Sweden increased to around 38,300 SEK by 2022.
Last updated: 2026-03-19
Key insights
- The average monthly salary in Sweden increased to around 38,300 SEK by 2022.
- Median apartment prices peaked at around 2,310,000 SEK in 2021 but slightly declined to around 2,275,000 SEK in 2024.
- The number of completed dwellings per 1,000 inhabitants saw a decrease to approximately 5.3 in 2024.
Analysis
From 2015 to 2022, Sweden experienced a steady increase in average monthly salaries, rising from around 32,000 SEK to approximately 38,300 SEK. This growth reflects positive trends in the job market and overall economic conditions during this period. However, the increase was not without fluctuations in other sectors, particularly in the housing market.
Regarding apartment prices, after peaking at around 2,310,000 SEK in 2021, there was a noticeable decline to around 2,275,000 SEK in 2024. This trend may indicate a cooling off in the real estate market, following several years of rapid price increases. Additionally, the number of completed dwellings per 1,000 inhabitants decreased to about 5.3 in 2024, suggesting a slowdown in new housing construction amid changing market dynamics. Overall, these observations highlight the complexities of the Swedish economy and housing market as they adapt to various influences.