Moving to a new country can be exciting. However, you will always have a few questions when you have to get used to a new culture, a new home, a new way of life. In this article, we would like to briefly introduce the cost of living in Finland
Particularly within Finland, in the capital area, rental costs will be higher than in the central and northern regions. However, other food and living expenses are quite similar.
Because it belongs to the Nordic region, prices in Finland are influenced by prices in this region. Compared to other countries in the EU region, food, utensils and services in Finland cost about 20% more than the EU average price, wine and alcoholic beverages will be higher than the average price. Average area up to 40%. However, the good news is that phone and internet costs are generally cheaper than the average prices in European countries.
- Housing in Finland:
As in other parts of the world, housing prices depend on supply and demand. The capital area and near the capital in Finland also have higher house rent prices than other parts of the country, below is an updated house price information table for 2022:
| Espoo City | Capital city of Helsinki | Vantaa City | |
| 1 bedroom apartment | EUR 800 – 900 | EUR 700 – 1,100 | EUR 700 – 800 |
| 2 bedroom apartment | EUR 1,300 – 1,500 | EUR 1,200 – 1,500 | EUR 1,1000 – 1,800 |
| 3 bedroom apartment | EUR 1,500 – 2,000 | EUR 2,000 – 3,000 | EUR 1,500 – 2,000 |
The housing rental market in the capital area is quite competitive. Studio apartments (a type of apartment without room dividers) or one-bedroom apartments in particular are very popular. Half of Helsinki's population is made up of one-person households. Therefore, unless the house price is too high, it is rarely negotiable. In addition to rent, every month you need to pay expenses such as: 15-25 EUR for water, 15-30 EUR for internet; and 30-200 EUR for your monthly Electricity Bill. These costs may vary depending on the agreement with the landlord (included in the rental fee or not) and depending on the size of the apartment you rent.
(According to Finland Newcomer's Guide)
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