Cost of living and prices in Finland, prices of food, rent, shopping, etc 🇫🇮 Updated Jul 2023

Looking for information on the cost of living in Finland? This Northern European country is known for its stunning natural beauty, impressive education system, and high standard of living.

With borders shared with Norway, Sweden, and Russia, Finland has a population density of just 15.56 people per square kilometer across its 337,030 square kilometers. The country has a GDP of $259.6 billion and a GDP per capita of $49,504, with Finnish and Swedish as its official languages. Finland uses the Euro as its currency and its top-level domain is .fi.

While Finland does have a reputation for being pricey, it's important to note that the country offers a wide range of services, amenities, and benefits to its residents. From top-notch healthcare to excellent public transportation networks, there are many reasons why expats and locals alike choose to call Finland home. Interested in learning more about the cost of living in Finland? Be sure to do your research and compare prices in different regions to get a comprehensive understanding of what's available.

Cost of Living Estimate in Finland

Total cost of living in Finland for two person with average consumption for one month will be 1468.92 USD, no rent price included. Click here to calculate cost-of-living estimate in Finland

You can calculate cost of living in Finland by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Finland is known for its unique cuisine and hearty traditional dishes. Restaurants in Finland offer a wide variety of options, ranging from traditional Finnish cuisine to exotic international dishes. Finnish food often features freshly caught fish, reindeer meat, and hearty root vegetables. Many restaurants also offer vegetarian and vegan options, catering to the growing trend of healthier and environmentally-friendly diets. For those seeking a fine dining experience, Finland has many Michelin-starred restaurants, featuring innovative and creative culinary offerings.

Aside from traditional restaurants, Finland offers many unique eating experiences, such as outdoor cooking and BBQs. Many national parks have designated fireplaces and grilling spots where visitors can cook their meals over an open flame. For those looking for a quicker bite, Finland also has a vibrant street food scene, featuring food trucks and stalls offering local and international delicacies. And for those who prefer to cook their own meals, Finland has a thriving farmers market culture, where visitors can purchase fresh and local produce to prepare their own traditional Finnish meals.

Meal in Inexpensive Restaurant
13.02 $
Meal for 2 People, Mid-range Restaurant, Three-course
71.07 $
McMeal at McDonalds or Alternative Combo Meal
8.29 $
Domestic Beer, 0.5 liter Draught
7.11 $
Imported Beer, 0.33 liter Bottle
5.92 $
3.92 $
Coca-Cola, 0.33 liter Bottle
2.56 $

Markets prices

In Finland, market prices can vary depending on the season and location. Generally, prices are high due to the high quality of products and services. Consumers are willing to pay for these high-quality goods and services, which in turn drives up market prices. However, during specific seasons or holidays, prices may be higher due to demand. For example, during summer, prices for fresh produce such as berries and mushrooms may increase due to their seasonal popularity. Overall, market prices in Finland reflect the country's emphasis on quality and sustainable practices.

The Finnish market is highly competitive, which contributes to fair pricing. Companies must prove their worth and quality in order to stay afloat, leading to a competitive market and reasonable pricing. Additionally, Finland is known for its strict regulations and quality standards, which ensure that consumers are receiving top-notch products and services. The focus on quality ultimately drives up prices, but also garners loyalty from consumers who appreciate the high standards upheld by Finnish businesses. Overall, the market prices in Finland reflect the country's dedication to quality and sustainability in all aspects of business.

Water, 0.33 liter Bottle
1.71 $
Milk, Regular,1 liter
1.09 $
Loaf of Fresh White Bread, 0.5 kg
2.07 $
White Rice, 1 kg
2.05 $
Eggs, 12 pack
2.07 $
Local Cheese, 1 kg
6.95 $
Chicken Breasts, Boneless and Skinless, 1 kg
11.01 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
16.35 $
Apples, 1 kg
2.13 $
Banana, 1 kg
1.73 $
Oranges, 1 kg
2.05 $
Tomato, 1 kg
3.33 $
Potato, 1 kg
1.02 $
Onion, 1 kg
1.45 $
Lettuce, 1 head
1.79 $
Water, 1.5 liter Bottle
1.62 $
Bottle of Wine, Mid-Range Price
11.85 $
Domestic Beer, 0.5 liter Bottle
2.91 $
Imported Beer, 0.33 liter Bottle
3.01 $
Pack of Cigarettes
7.46 $

Transportation prices

Finland has an impressive public transportation system that consists of buses, trains, and trams. The transportation services in Finland are generally punctual, reliable, and reasonably priced. The Helsinki City Transport (HKL) operates a network of trams, metro, and buses, which are the most popular means of transport in Helsinki. One exciting way to explore Finland's countryside is by taking a slow train ride. The trains have amenities, such as lounges, restaurants, and WiFi unblemished views of the countryside. Bus transportation is prevalent in Finland, with long-distance coaches that offer a comfortable travel experience between cities and towns.

Biking in Finland is not only a great way to save money, but also it provides an excellent opportunity to explore Finland's natural beauty. The country has plenty of well-maintained bike trails and bike paths, creating a safe and enjoyable cycling experience. As a result, many cities in Finland have implemented bike rental programs, where tourists can easily rent a bike and explore the various cities at their own pace. Additionally, renting a car in Finland is an option for those who want more flexibility. While Finland doesn't have as extensive of a road network as some countries, it has a well-maintained and marked road system with minimal traffic, providing an enjoyable driving experience for tourists.

One-way Ticket, Local Transport
3.55 $
Monthly Pass, Regular Price
63.96 $
Taxi Start, Normal Tariff
7.11 $
Taxi, price for 1 km, Normal Tariff
1.86 $
Taxi, price for 1 hour Waiting, Normal Tariff
54.36 $
Gasoline, 1 liter
1.73 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
29,613.84 $
Honda Civic 1.6 Or Alternative New Car
28,893.15 $

Utilities Per Month prices

Utilities cost in Finland can be quite high compared to other countries, especially during the colder months of the year. Heating can be a significant expense, as temperatures can drop well below freezing and most homes rely on electric or oil-powered heating systems. Additionally, electricity costs can also be higher than expected, as Finland is heavily reliant on renewable energy sources such as wind and hydropower, which can be more expensive to produce. It's important for travelers to keep these costs in mind when budgeting for their trip to Finland, especially if they plan to stay for an extended period of time during the winter months.

Despite the higher cost of utilities, Finland is also known for its energy efficiency and environmentally-friendly policies. This means that many homes and public buildings are designed to conserve energy and reduce waste. For example, many buildings use triple-pane windows and thick insulation to keep the heat inside during the winter months. It's also common to see bike lanes and public transportation options that encourage people to reduce their carbon footprint. Travelers who are passionate about sustainability and environmentalism will find plenty to admire in Finland's approach to energy and utilities.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
119.01 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.08 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
22.71 $

Sports And Leisure prices

Finland is a paradise for sports enthusiasts and leisure travelers alike. The country is home to vast forests, numerous lakes, and rivers, providing a beautiful setting for various outdoor activities. From skiing and snowboarding to hiking and cycling, there’s something for everyone in Finland. Winter sports enthusiasts can enjoy skiing and snowboarding on the well-groomed slopes of Finnish ski resorts, while summer visitors can go hiking or cycling on the endless trails that crisscross the country. Visitors can also try their hand at traditional Finnish pastimes such as ice fishing, sledding, and reindeer sleigh rides, providing a unique and authentic experience.

Finland offers an array of leisure activities for visitors looking to unwind and relax. One such activity is sauna, which is an essential part of Finnish culture. Saunas are a way of life in Finland and are available in almost all hotels, spa centers, and public swimming pools. Visitors can experience the traditional Finnish sauna culture, enjoying hot steam and cooling down in the cool water afterwards. Another popular leisure activity in Finland is berry picking. The country is home to an abundance of delicious berries, including blueberries, raspberries, and lingonberries. Picking berries from the forest is not only a great way to enjoy the Finnish nature but also a way to taste the traditional flavors and aromas of the Finnish cuisine.

Fitness Club, Monthly Fee for 1 Adult
50.53 $
Tennis Court Rent, 1 Hour on Weekend
24.39 $

Salaries And Financing prices

Salaries in Finland are generally competitive and on par with other European countries. The cost of living can be high, but the salaries often reflect this. The standard of living is also very high, with excellent social services and a strong welfare system. However, it is important to note that taxes in Finland can be quite high, which can impact take-home pay for some individuals.

Financing in Finland is relatively easy and straightforward. The country has a highly developed banking system and many financial institutions to choose from. It is also possible to open a bank account without a Finnish ID number for those who are temporarily staying in the country. Credit cards are widely accepted in Finland, and ATM machines are readily available throughout the country. It is important to note that cash is not widely used in Finland, and many places prefer to accept payment by card or mobile payment methods.

Cinema ticket, 1 Seat
15.40 $
Average Monthly Net Salary, After Tax
2,651.22 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
2.35 %

Childcare prices

In Finland, childcare prices vary depending on the type of facility and the age of the child. For example, you will generally find that kindergarten fees are lower than those charged by schools. Kindergartens cater for children aged between 3 and 6 years old, while schools offer childcare and education for children aged between 6 and 13 years old. It's worth noting that education in Finland is mostly free, but parents are expected to pay a fee for the meals and other services provided by schools and kindergartens.

Childcare prices in Finland also vary based on the location of the facility. If you're in a big city, expect to pay more than you would in a rural area. Furthermore, prices can also depend on whether you're opting for a public or private childcare facility. Public childcare facilities tend to be more affordable, while private facilities are more expensive. However, most parents in Finland opt for public childcare facilities since they offer quality and affordable care for their children.

Private Preschool or Kindergarten, Monthly for 1 Child
359.20 $
International Primary School, Yearly for 1 Child
10,660.99 $

Clothing And Shoes prices

In Finland, clothing and shoes can be a bit pricier than in some other countries. However, the quality is typically high and this makes it worth investing a bit more in your wardrobe. Large department stores are a popular place to shop for clothing and shoes, with a range of brands and styles available. There are also many independent shops and boutiques, especially in Helsinki, where you can find unique and stylish pieces to add to your collection. Regardless of where you shop, it is important to keep in mind that Finnish fashion tends to emphasize minimalism and simplicity, with an emphasis on comfort and practicality.

If you're looking for more affordable options for clothing and shoes in Finland, there are also several outlet stores and discount retailers to check out. These stores often offer great deals on last season's items or overstocked products. You can also try shopping secondhand or vintage, which is a popular choice among fashion-conscious Finns. In addition to traditional thrift shops, there are also online marketplaces and apps where you can buy and sell pre-owned clothing and shoes. No matter your budget or style preferences, there are plenty of options for purchasing clothing and shoes in Finland.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
97.96 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
36.26 $
Pair of Running Shoes, Mid-Range Price
102.01 $
Pair of Leather Business Shoes
130.24 $

Rent Per Month prices

Finland is a popular tourist destination, with many short-term rental and stay options available. Visitors can choose from a range of accommodation types, including hotels, apartments, vacation rentals, and hostels. The prices vary depending on the location, season, and type of accommodation, but generally, the cost of short-term rentals and stays in Finland is reasonable compared to other European countries. Additionally, many accommodation options are located in beautiful natural surroundings, providing a unique and peaceful experience.

One of the most popular short-term stay options in Finland is the sauna cabin. These wooden cabins are equipped with a traditional Finnish sauna and often situated in scenic locations, such as by a lake or in the forest. Another popular option is to rent a winter cottage, which provides easy access to winter sports like skiing, snowmobiling, and ice fishing. For those looking to stay in cities, Helsinki offers a variety of hotels and apartment rentals in central locations. Whatever type of stay you choose, you can be sure to find something that suits your needs and budget in Finland.

One bedroom apartment in city centre
873.24 $
One bedroom apartment outside of city centre
667.59 $
Three bedroom apartment in city centre
1,480.91 $
Three bedroom apartment outside of city centre
1,108.08 $

Buy Apartment prices

Real estate buying options in Finland are varied and cater to different needs and budgets. One can choose to buy an apartment in the city, a house in the suburbs, or a countryside retreat. Finland's real estate market is relatively stable, with prices changing only slightly over the years. One can expect to find a variety of properties for sale across different price ranges and areas. Most properties are sold through real estate agents, and there are online platforms available for browsing and searching for properties.

When it comes to buying property in Finland, it's important to consider various factors such as location, size, age, and condition of the property. Properties in central Helsinki tend to be more expensive, while those in smaller towns or rural areas are more affordable. Additionally, the cost of living in Finland may also affect one's decision to buy property, as it can impact monthly expenses such as utilities and maintenance fees. As with any real estate purchase, it's essential to do thorough research and work with a trusted agent to ensure a smooth and successful process.

Price per m2 to Buy Apartment in City Center
4,892.92 $
Price per m2 to Buy Apartment Outside of City Center
3,005.81 $