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MONEY

‘Shop in Sweden’: Your tips on the best ways to save money in Norway 

Norway is an expensive country to live in. Luckily, The Local’s readers have offered up their top thrifty tips for saving a bit of cash in the pricey Scandinavian country. 

'Shop in Sweden': Your tips on the best ways to save money in Norway 
Here are readers top tips for saving a bit of cash. Photo by Aslak Raanes on Flickr.

It’s no secret that Norway is an expensive country to live in. The Nordic country, famous for its notoriously high alcohol prices, is the 3rd most expensive country in the world to call home, according to Business Insider

In addition, it’s also the third costliest place to live in Western Europe too, with the cost of living being higher than 95% of other countries around the world. 

With that being said, that doesn’t mean that it’s impossible to save money, find a discount, or grab a bargain in order to save a pretty penny. In fact, The Local’s readers have offered up their advice, top tips, and life hacks to make life in Norway that little more affordable. 

When asked by The Local what their most expensive outgoing was, the overwhelming majority of readers told us that food was their most significant expenditure.

“For an equivalent amount of money to what I spend in Norway, I can fill a food trolley in the UK, while I’m only able to fill a smaller basket on wheels in Norway,” one reader responded. 

Food was generally combined with transport and rent as readers’ most considerable outlay. 

Thankfully, readers had a number of tips they could offer up to help you shave a few kroner off of your food bill. 

For those living in east Norway, plenty on Facebook said they should look to shop in Sweden, otherwise known as going on a harrytur. 

Almost anything you can think of is cheaper in Sweden than in Norway, and shops offer a much greater variety of products. However, there are some rules to harryhandel trips which you should know about if you aren’t aware already, so be sure to check out our guide

Previously readers have told us that they travel to other countries for bargains on other things too. 

“I get my hair coloured and cut in Denmark. Then, for beauty, spa treatments, dental needs, cosmetics and electronics, I go to Denmark or the continent,” one reader informed us. 

Fortunately, travelling to another county to do the weekly shop or get your hair chopped isn’t the only way to save a bit of cash. 

Using local greengrocers (frukt og grønt) and shopping from international food markets can be cheaper than supermarkets, one reader said via our survey.

If you don’t have any of those near you, then there are still ways of saving a bit of cash at the supermarkets.

Buying in bulk, making the most of sales and looking in the reduced section are all things you can do to save money. In addition, there are plenty of supermarket loyalty schemes that offer rewards such as cashback on your shopping. Click here to find out more about those.   

There was also plenty of tips for online shopping, and while many readers pointed to sites such as FINN, Zalando, Outnorth and Fjellsport as great places to spot a bargain, one savvy reader had their own lifehack for when you want to order with Amazon, though. 

“Shop non-food items such as electronics, books, and also batteries and so on Amazon.de . They have an English website and precalculate taxes and tolls. One does not need to pay additional tolls and taxes in Norway when ordering on Amazon.de. Many things are cheaper there despite toll, tax and shipping (calculated by and paid to Amazon when ordering). And often, things arrive even faster than they would when ordering in Norway. One must only be careful to order only items that are sold and shipped by Amazon itself and not by a third-party shop,” Michael, who lives in Trondheim, explained in our survey. 

Others pointed out that to save, it may be necessary to cut down on some expenses such as eating out often. 

“Make food at home. Invite friends over, so you can eat & drink there. Have an allocated driver for the evening if you go out on the town, as even with public transport, the final bill for four people on a round trip is quite an amount,” Bob, who has lived in Norway for 36 years, advised. 

Another reader joked on Facebook to “not eat until you are dizzy and feel like fainting”.

We probably wouldn’t recommend you take your cost-cutting that far, though. 

Did we miss any good tips, do you have any you’d like to share, or are there any other subjects you’d like to hear readers offer advice on? You can get in touch with us at [email protected]

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For members

WORKING IN NORWAY

Five things to know about wages in Norway

Norway is a great country to live and work in, and many point to the high salaries as a major pull factor. Here’s what you need to know about the wages in Norway. 

Five things to know about wages in Norway

Norway doesn’t have a minimum wage 

Many wrongly assume that the high wages in Norway must be the result of a high minimum wage. 

However, the country doesn’t have a minimum wage which covers all sectors. Instead, wages are agreed upon through negotiations between trade unions and individual employers or employer organisations. 

This contributes to high levels of trade union membership in Norway. 

Those who aren’t in a union or sectors where membership isn’t widespread negotiate their own wages. 

Some industries, where workers are likely to be exploited or where there may be a large number of foreign workers, have minimum wages enforced by the Norwegian Labour Inspection Authority.

READ MORE: Which industries in Norway have a minimum wage?

How Norwegian wages compare 

The average salary in Norway (more on that later) was 56,360 kroner per month in 2023. 

This equates to an annual salary of around 676,000 kroner. This is a salary equivalent to 49,000 pounds, 57,510 euros, or 61,266 dollars. 

The average annual salary in the US is 59,428, according to Forbes magazine.  Eurostat, the official statistics office of the European Union, measured the average annual salary for a single worker without children at 26,136 euros and 55,573 euros for a working couple with two children. 

However, wages vary greatly across the EU. In 2022, the net annual earnings of an average single worker without children were 47,640 euros in Luxembourg compared to 8,412 euros in Bulgaria

Meanwhile, the average Dane earns 46,972 Danish kroner before taxes, according to Statistics Denmark. This is around 73,981 Norwegian kroner. In Sweden, the average salary was around 38,300 Swedish krona or roughly 38,534 Norwegian kroner

Average wage versus median wage 

The average monthly wage of 56,360 kroner is pulled up by the very highest earners. The highest earners in Norway are found in the private sector. 

Statistics Norway used to keep data on the very highest earners, and around 41,600 people were in the top one percent in 2021 (the year Statistics Norway last kept data) 

To be in Norway’s top one percent required annual earnings of 1.8 million kroner or 150,000 kroner monthly

The median wage is a far more modest 50,660 kroner. 

Income tax 

Norway uses a mixture of progressive and flat taxation. The majority of wage earners in Norway, they will pay a flat income tax of 22 per cent, along with a bracketed tax based on earnings. 

The bracket tax ranges between 1.7 and 17.5 percent, depending on one’s earnings. This means that you can have income tax of up to 39.5 percent in Norway. 

Foreigner workers who are new to Norway will be sorted into the PAYE schemeThis is a flat tax rate of 25 percent, however there are no deductibles available. After a year, they will be sorted into Norway’s regular tax system. 

Norway’s gender and immigrant wage gap 

Foreigners in Norway typically make less money than their Norwegian counterparts. The average salary for a foreign resident in Norway is around 50,270 kroner per month, according to figures from the national data agency Statistics Norway.

Furthermore, when you take immigrants out of the wage statistics, the average wage rises to 58,190 kroner. 

The highest earners amongst foreigners in Norway were those  from North America and Oceania. They made 61,810 kroner on average. 

Africans, and those from countries that joined the EU after 2004, had the lowest earnings among all immigrant groups in Norway. 

While women’s wages increased more than men’s last year, a gender wage gap still exists in Norway. An average woman’s salary amounted to 88.3 percent of a man’s monthly pay packet.

bigger gap existed between Norwegian men and foreign women. 

READ ALSO: How much money do Norway’s different foreigners make?

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