According to Stat.fi report, inflation in Finland was 1.3 per cent in June 2024.
Consumer prices decrease in the prices of food, petrol, electricity, diesel, and capital repair on detached houses from last year.
We compare prices collected in June 2023 and June 2024 to see if inflation is slowing down in Finland.
This comparison presents the most recent analysis of price levels for consumer goods and services in Finland, focusing on food prices, utility costs, transportation and travel.
In 2023, a cost of living in Finland for a family of four was about US$6091 | €5634 per month; US$73090 | €67608 per year.
In 2024, a cost of living in Finland for two-parent, two-child family is about US$5968 | €5520 per month; US$71611 | €66240 per year.
The calculation includes 2-room apartment rental costs outside of Helsinki metropolitan area, a car loan monthly payment, utilities, groceries, entertainment, and 2-week vacation once a year.
Annual change of rents of non-subsidised apartments increases up to 1.4%.
Apartments for rent in Helsinki US$1003 | €928 vs US$989 | €915.
Apartment for rent in Finland US$717 | €663 vs US$705 | €652.
95 petrol costs 1.93€ in June 2024 vs 2.30€ in 2023 (20% decrease).
Food costs 3.2% less in Finland in 2024 compared to 2023.
Beef entrecote 1kg costs US$42 | €39 compared to US$29.7 | €27.50 per kg two years ago.
Dairy products and cheese prices deccreased by 5-10%.
Free-range eggs 10pcs costs the same, about 2.29€. (US$2.5 | €2.29).
Seasonal fruits and vegetables are cheaper than a year ago.
Alcohol prices increased by 4% compared to 2023.
Absolut Vodka 40% 70cl costs US$27.8 | €25.7 in 2024 vs US$25.9 | €23.99 in 2023 (+9%).
In July 2024, tourist accomodation prices had risen by 11.4% compared to 2023.
Lunch buffet price is up to 7-15%.
Lunch buffet costs on average US$16.5 | €15.3 in Helsinki (source: LounasMenu.fi/Helsinki) and US$14.4 | €13.3 outside of capital region (source: LounasMenu.fi/Oulu)
Public health care client fees are quite fixed and grew only by 3%.
Private healthcare prices have grown 15-19% since 2023.
Our ultimate Cost of Living calculator will help you figure out how much money you need to move and live in Finland in 2024.
