Cost of living in Oslo
Oslo, the capital of Norway, is known for its high quality of life and stunning natural surroundings. Understanding the cost of living in Oslo is crucial for anyone considering moving to or visiting this vibrant city.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $21.72 on average, with a range between $15.38 and $36.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $108.58, with prices ranging from $72.39 to $135.72.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12.26, with a range between $10.86 and $13.84.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $7.69 to $11.76, imported beer $8.14 to $11.76, cappuccino $4.29 to $6.33, and Coke/Pepsi $2.17 to $5.43.
Grocery Prices
- Milk - Milk is priced between $1.72 and $2.71 per liter, averaging $2.06.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.36 and $5.43, with an average price of $3.21.
- Eggs (Dozen) - A dozen eggs range from $2.39 to $5.86, averaging $4.52.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.07 to $4.07 per kg, while oranges range from $1.36 to $5.27 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.36 and $3.62 per kg, and lettuce costs $1.81 to $3.17 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $3.62 and $3.98, with a monthly pass priced between $72.3 and $81.43.
- Fuel (Gasoline) - Gasoline is priced between $1.9 and $2.26 per liter.
- Taxi Fares - Taxi fares start at $5.43, with a cost of $1.36 to $1.54 per km and $37.1 to $54.29 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1266.75 to $1628.68, averaging $1442.41.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $904.82 to $1447.72, averaging $1143.26.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1990.61 to $2714.47, averaging $2284.95.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1538.2 to $2352.54, averaging $1836.34.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $7120.95 to $10857.87, averaging $8717.66.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $4370.29 to $9048.22, averaging $6498.5.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $111.87 and $419.51, averaging $233.73.
- Internet - Internet services range from $36.19 to $81.43, with an average cost of $52.58.
Cost of Living Rankings
Oslo ranks 2nd on the Cost of Living rankings in Norway. The cost of living indices for Norway are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Norway, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Oslo is known for its high cost of living, particularly in terms of dining and housing. However, the quality of life and services provided are often considered worth the expense.
Renting in the city centre is significantly more expensive than outside, so consider living further out if budget is a concern.
Public transportation is relatively affordable, and investing in a monthly pass can save money for regular commuters.
Conclusion
Living in Oslo offers a unique blend of urban life and natural beauty, but it comes with a high cost of living. Prospective residents should carefully consider their budget, especially for housing and dining.
Despite the expenses, Oslo's efficient public services and high quality of life make it an attractive place to live for many.