You would be able to afford your own little flat but you would have to live like a student in Norway. 400,000NOK approx 40,000GBP is not enough - as ridiculous at it sounds. Cost of most things are unbelievably high with only some exceptions like electronic goods. Rent, groceries and motoring are the most crippling on the budget. Income tax is 40%. Do lots and lots of research before you go.