How Much Does It Cost to Live In Finland?

The Finns are proud of the splendid nature.

Everyone here has the right to enjoy forests, rivers, northern lights, fresh air, and clean water.

The country with the highest level of life is also known for an exclusive educational system.

Suomi is home for the happiest people in the world.

They host numerous concerts and festivals along with the international conferences and meetings, fairs and skiing competitions.

The cost of living in Finland is one of the highest in the world too.

Let us check the prices to understand why.

Cost of Living Index:

Finland : Cost of Living by City



You will certainly find lots of restaurants and bars that you regularly visit in your native city.

Although, you will be certainly impressed with the Finnish home-based restaurants where the hosts will serve you food, drinks, and desserts.

The prices in all the establishments for public catering are similar.



The biggest and the best markets in Finland are located in big cities like Helsinki, Tampere, Kotka etc.

They are all very neat and multicolored due to the variety of goods from vegetables and fruits to antique household items that people can buy there.

The best time to go to the market is early in the morning (there are a lot of fresh products) or at the end of the day (the prices are lower than usual).



The Finnish transport infrastructure is well-developed and you can use buses, cars, trains, planes, and ferries to travel around the cities or through the country.

Public transport offers monthly passes, fair discounts for students and kids.

The most popular means of transport are trams, buses, and subway.



Despite being rich, the Finns are rather economical.

They can switch off the heating for the night and save a good deal of money for electricity if the heating depends on electricity.

Heating takes more than 50% of the sum of the bill.

The Finns save money on clean water since both cold and hot tap water is absolutely drinkable.

Sports and leisure


Finland is the sportive country and people here are striving to be fit and healthy.

The Finnish kids are involved in lots of sporting activities like football, gymnastics, ice hockey, and floorball.

Older people run, go to fitness clubs, or do physical exercises at home.

Clothing and shoes


Along with the chain stores of the world popular brands, Finland is famous for the manufacturing of high-quality winter clothes and shoes, ski gear, home textile, and accessories.

The prices, as well as the quality of the clothes, is high but it is worth buying.

You can go shopping in the malls or order the goods of your interest online.

Rent per month


In Finland, you can find the announcements about the accommodation rent in the weekly newspapers and in the banks.

Many people are used to looking for the apartments on the web, where the largest lists of flats are owned by the agent firms.

Cost of Living Averages Table for Finland

Average Restaurant Prices
Meal (Inexpensive Restaurant) $12.47
Domestic Beer (0.5 Liter) $6.80
Water (0.33 Liter) $1.73
Average Market Prices
Milk (1 Liter) $1.05
Loaf Bread (500g) $1.99
Eggs (12) $2.02
Average Transport Prices
One Way Ticket $3.40
Monthly Pass $62.01
Gasoline $1.71
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $130.90
1 min. of Prepaid Mobile Tariff Local $0.08
Internet (Unlimited Data, Cable/ADSL) $26.56
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $42.18
Tennis Court Rent (1 Hour) $24.35
Cinema, 1 Seat, International Release $14.74
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $94.29
1 Summer Dress in a Chain Store (Zara, etc...) $35.96
1 Pair of Adidas Walking Shoes (Mid-Range) $95.01
Average Rent Prices
Apartment (1 bedroom) in City Center $828.15
Apartment (1 bedroom) Outside of Center $642.99
Apartment (3 bedrooms) in City Center $1391.57

How Does the Average Person Spend Their Money in Finland?

Markets and monthly rent are two items of expenditure that demand the most money from an average Finnish citizen.

Then there go restaurants and transportation expenses.

People spend the least money on clothing and shoes because they have local manufacturers producing high-quality things.

After all, the Finns prefer visiting the restaurants, pubs, and saunas and often use local and private transport to get there.

The time spent at home costs 4.6% of people’s income.

They pay bills for water, electricity, garbage, heating, and housekeeping.


Finland: Average Salary, Minimum Wage & Mortgages

Finland is a very attractive area for living since it has a high level of living, a stable economy, and decent salaries.

An average monthly net salary is $2,556.83 that can be earned by either a local person or a foreigner.

The only difference is in the qualification – an educated specialist who meets the strict employer’s requirements can make much more than an average worker after school.

First and foremost, you should have a very good command of the Finnish and English languages and have a degree, as well as the work experience.

The mortgage interest rate is one of the lowest in Europe and makes only 1.48% annually.

Average Salary$2556.83
Minimum Wage$
Mortgage Interest Rate1.48%

Cost of Living by City in Finland

City Cost of Living Index
Espoo 73.78
Helsinki 80.6
Tampere 79.04
Turku 70.13

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