Mortgage Rate Pressure
The average monthly salary in Sweden reached around 38,300 SEK in 2022, showing a steady increase since 2015.
Last updated: 2026-03-19
Key insights
- The average monthly salary in Sweden reached around 38,300 SEK in 2022, showing a steady increase since 2015.
- Median apartment prices have fluctuated, with a slight decrease to around 2,275,000 SEK in 2024 after peaking in 2021.
- The number of completed dwellings per 1,000 inhabitants declined to approximately 5.3 in 2024.
Analysis
From 2015 to 2022, the average monthly salary in Sweden consistently increased, starting from around 32,000 SEK and rising to about 38,300 SEK. This upward trend reflects a positive shift in income levels, which can influence spending power and overall economic conditions.
In terms of the housing market, median apartment prices showed some volatility. After reaching a peak of approximately 2,310,000 SEK in 2021, the median price decreased to around 2,275,000 SEK in 2024. The number of sold apartments also saw variability, with about 101,819 transactions recorded in 2024, following a notable decline to around 90,063 in 2023.
Housing development has been impacted as well, with completed dwellings per 1,000 inhabitants dropping to about 5.3 in 2024. This decline may indicate challenges in meeting housing demand amid a fluctuating market, which could have broader implications for housing availability and affordability in Sweden.