New Construction vs Demand
The average monthly salary in Sweden increased to around 38,300 SEK in 2022, up from approximately 32,000 SEK in 2015.
Last updated: 2026-03-19
Key insights
- The average monthly salary in Sweden increased to around 38,300 SEK in 2022, up from approximately 32,000 SEK in 2015.
- Median apartment prices saw fluctuations, peaking at around 2,310,000 SEK in 2021 before settling at approximately 2,275,000 SEK in 2024.
- The rate of completed dwellings per 1,000 inhabitants decreased to about 5.3 in 2024, down from a high of around 6.3 in 2019.
Analysis
Over the years from 2015 to 2022, the average monthly salary in Sweden has shown a steady increase. Starting at around 32,000 SEK in 2015, it reached approximately 38,300 SEK by 2022, indicating a consistent upward trend in earnings. This growth in salary reflects positively on the economic landscape, potentially enhancing the purchasing power of residents.
In the real estate sector, median apartment prices initially rose, peaking at around 2,310,000 SEK in 2021. However, there was a slight decline thereafter, with prices falling to approximately 2,275,000 SEK in 2024. This fluctuation suggests a possible stabilization in the housing market after a period of rapid increases. Meanwhile, the number of completed dwellings per 1,000 inhabitants experienced a decline, dropping to about 5.3 in 2024 from a high of around 6.3 in 2019. This reduction could indicate challenges in meeting housing demand despite the increasing salary levels.