Rent Burden by Region
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 price of apartments was approximately 2,300,000 SEK in 2022, with a slight increase to around 2,275,000 SEK in 2024.
- The number of sold apartments saw a recovery in 2024, reaching approximately 102,000 units after a dip in 2023.
Analysis
Between 2015 and 2022, the average monthly salary in Sweden showed a steady increase, rising from around 32,000 SEK to approximately 38,300 SEK. This growth reflects a positive trend in earnings, which may influence the purchasing power of individuals in the housing market.
In terms of the housing market, the median price for apartments fluctuated during this period. After peaking at around 2,310,000 SEK in 2021, the price slightly decreased to approximately 2,300,000 SEK in 2022, before experiencing a minor recovery to around 2,275,000 SEK in 2024. Additionally, the number of sold apartments saw a significant decline in 2023, with around 90,000 units sold, but rebounded to approximately 102,000 units in 2024, indicating a potential stabilization in market activity.
The rate of completed dwellings per 1,000 inhabitants decreased from around 6.3 in 2019 to approximately 5.3 in 2024. This decline in new construction may have implications for future housing supply in relation to demand. Overall, these indicators showcase the evolving landscape of the Swedish economy and housing market.