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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $49 per location (minimum of 2 locations required)


Annual Subscription = $249 per location (minimum of 2 locations required)


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Location Rankings

Cost of Living Comparison by City and Country


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Most Expensive Location Rankings


Latest Basket Group Rankings


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Location Reviews

Cost of Living Review by City and Country

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Finland, Helsinki
Overview

Finland, HelsinkiHelsinki is the capital and largest city in Finland. The Helsinki metropolitan area generates approximately one third of Finland's GDP. GDP per capita is roughly 1.5 times the national average, making Helsinki one of the wealthiest capitals in Europe.

Finland is in Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, and Gulf of Finland, between Sweden and Russia. The climate is cold temperate and potentially subarctic but comparatively mild because of moderating influence of the North Atlantic Current, Baltic Sea, and more than 60,000 lakes.

The official languages are Finnish and Swedish (which is the mother tongue of 6% of the population). There are Lapp- and Russian-speaking minorities, while English and German are widely spoken. The main religion is Christianity.

The economy of Finland is a highly industrialized, free-market economy with a per capita output equal to that of other western economies such as France, Germany, Sweden or the United Kingdom. The largest sector of the economy is services at 65.7 percent, followed by manufacturing and refining at 31.4 percent.

Finns usually avoid small talk during business engagements, communicate in a direct manner and like to attend to business right away. Finnish does not have a word that directly translates to ‘please', and may at times forget to use it while speaking in English. Finns are generally a quiet people, and are comfortable with long silences in conversation. Finnish business dress tends to be formal. Men and women typically wear dark suits in the winter and light ones in the summer, however this can vary from one company to another.

The security risk for expatriates in Finland is low. Risk is mainly driving in winter.

The currency of Finland is the Euro (EUR). Banking is on a par with that of Western Europe and North America.

Medical facilities are good, however the cost of treatment for expatriates from outside the EU can be high. Organs, tissues and cells may be removed in Finland for the treatment of another person if it can be assumed that the deceased has not / would not have objected to the measure when alive.

The population of Helsinki is 1.4 Million (2016 est.), while the inflation rate is 0.3% (2016 est.).


Cost Of Living

The cost of living for expatriates / professional migrants in Helsinki as at 1 July 2016 is very high in comparison to other places in the world.

In Helsinki, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: High
2) Clothing: Very High
3) Communication: Very Low
4) Education: Average
5) Furniture & Appliances: Very High
6) Groceries: High
7) Healthcare: High
8) Household Accommodation: Average
9) Miscellaneous: Very High
10) Personal Care: Average
11) Recreation & Culture: Very High
12) Restaurants Meals Out and Hotels: Very High
13) Transport: Very High

Helsinki is for example 8.3% more expensive than French Guiana for groceries, -20.6% cheaper for household costs than Cayenne, and 18.7% more expensive for transport costs than French Polynesia.

Helsinki is ranked as a minimal hardship location.

The hardship premium for Helsinki for an expat from Hamburg, is for example 0%, i.e. host location (Helsinki) premium of 10% minus home (Hamburg) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Helsinki? Register subscribe to your home location and Helsinki and run your personalised reports.

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