How much does it cost to live in Oslo?

Typical monthly costs in Oslo are approximately kr13,500 in rent and kr14,000 in other expenses, totalling around kr27,500/month.

How much should I save in Oslo?

Based on Statistics Norway (SSB) HBS 2022, people at mid-range incomes in Norway typically save 12–20% of gross income. In a very high cost city like Oslo, housing costs can reduce this, particularly for renters.

Oslo · NOK · very high cost city

Cost of living in Oslo — is your salary enough?

Oslo median rent is approximately 13,500 kr/month, reflecting Norway's high overall cost of living. Oslo's very high income levels partially offset elevated costs — mid-income earners achieve savings rates comparable to Stockholm.

Rent in Oslo

Budget10,100 kr – 12,150 kr/mo

Typical13,500 kr – 15,500 kr/mo

Premium17,600 kr+/mo

Other monthly costs

Food, transport, bills, going out~14,000 kr/mo

Total typical monthly spend~27,500 kr/mo

How different incomes stack up

At typical Oslo costs (13,500 kr rent)

400,000kr – 550,000kr→ saving 30.5%

Ahead

550,000kr – 750,000kr→ saving 49.2%

Ahead

750,000kr – 1,000,000kr→ saving 62.3%

Ahead

See your personal verdict for Oslo

Country

Annual income (gross)650,000kr

200,000kr1,350,000kr2,500,000+kr

Monthly rent or mortgage13,500kr/mo

0kr20,000kr40,000+kr

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

13,000kr/mo

0kr17,500kr35,000+kr

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Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from Statistics Norway (SSB) HBS 2022. Figures in NOK.

Check your savings rate in Oslo →

Compare nearby cities

Stockholm London

Also in the Verdict suite

SalaryVerdict — Is your Oslo salary competitive?SpendVerdict — Is your Oslo rent too high?