Finland is regarded as one of Europe’s financial havens because there are no tuition costs for students visiting Switzerland, this same EU, or the EEA. This implies that you can shift your emphasis away from paying for school and instead utilize your cash to cover living expenses or perhaps set aside some money for travel.
Finland’s university tuition rates
Consider the University of Turku as an illustration. Here, the cost of tuition for students from outside the EU/EEA is between EUR 2,000 & 12,000 per academic year:
- Degrees in social sciences: 8,000–10,000 EUR annually
- Qualifications in science, technology, and medicine cost around 12,000 EUR annually.
- Degrees in education, the humanities, & economics cost around 10,000 euros annually.
Remember that you can enroll in a scholarship program if you have to pay tuition. Every public university offers the scholarship in Finland, making it a fantastic way to lower school expenses.
Finland’s cost of living for students
The cost of living on average in Finnish cities
Depending on the region, you may require between 700 & 900 EUR each month in Finland. The most expensive city is Helsinki, and the least expensive student cities are Laaperanta, Pori, & Tampere.
Examine the typical budget required for Finland’s major cities (including lodging costs):
- Helsinki: 980 to 1,580 EUR per month;
- Jyvaskyla: 700 to 1,100 EUR per month;
- Oulu: 660 to 1,000 EUR per month;
- Helsinki: 980 to 1,580 EUR per month;
We’re providing these figures so you can do the math and determine how much money you’ll need to educate in Finland. It all relies on your spending habits and financial management skills, whether you consume more or less.
The price of lodging
For international students, there are mainly two housing options:
According to student housing organizations, the cost of a single apartment in a sharing student apartment ranges from 160 to 380 EUR per month. A separate apartment is also an option but is much more costly.
Rent/Share an apartment on the public markets: monthly costs range from 400 to 800 euros, depending on several variables (e.g., how close it is to the city center, and how big the city is). Living in a shared apartment with other students or flatmates is easy because the overall cost is lessened, and you get to meet and socialize with more people.
Read More: A Comprehensive Guide About Cost of Living In Chicago
Cost of food
Food costs vary widely in different places, but generally, buying food at neighborhood stores will run between 200 and 250 EUR each month. Shopping at budget supermarkets like Lidl, Sale, Alepa, & K-Market can lead to significant savings. If you like to shop after work, you will frequently find bargains.
If you want to dine out, lunch will run you about 11 EUR in a budget restaurant, in contrast multiple meals for two would run you about 60 EUR in a typical restaurant.
Transport expenses
The majority of students use public transportation to travel throughout the city. Depending on the area, a student permit for public transportation costs between 35 and 50 euros a month. Renting a car for five days would be about 230 EUR.
You can travel to the universities if you like to stroll and breathe in the fresh air, mainly if you don’t live too far away.
Extra expenditure
Student union representation costs range from 80 to 100 euros each academic year, another minor price that must be factored into housing costs in Finland. You’ll get the student id and take advantage of student restaurant & public transportation discounts.
- Social activities: approximately 100 EUR each month
Services for public health
You can access public health care in Finland if you live in a municipality. Prices vary depending on the location. For instance, a doctor’s visit typically costs between €20 and €40 in a medical center and an outpatient clinic. The average cost of hospital care is €50 per day. The total fees may reach as much as €700 annually. The client is not charged for the clinic’s labor or children’s health services.
Most prescriptions must be purchased by the patient directly. However, many are approved for partial compensation. Tax money is used to pay the reimbursement. After spending roughly €600 on prescriptions in a single calendar year, you must pay a relatively small amount for them during the year’s remaining months. This covers only medicines that qualify for compensation.
Services, products, and clothing
Finland has a somewhat higher average cost of clothing than the rest of the EU. There aren’t many affordable apparel retailers in Finland. Also, please remember that summer and winter require distinct clothing and footwear.
In Finland, a lot of products can also be purchased and used. Used things are less expensive. For instance, there are numerous second-hand shops and flea markets where you may buy clothing and furnishings. There are indeed online marketplaces for used products. Many second-hand items in good shape are readily available.
- Is Finland a pricey nation?
Finland is the second-most costly nation in the eurozone and the third-most expensive nation in the EU. Statistics Finland is in charge of the statistics for Finland in this global price comparison that Eurostat coordinates.
- Does Finland have any English speakers?
The majority of Finns are English speakers. According to 2012 official statistics, at least 70% of Finns are fluent in English. The governor of Helsinki, Juhana Vartiainen, suggested in 2021 that Helsinki is also an English-speaking city.
How much does it take to get by in Finland?
Depending on where you reside, you may require between 700 and 900 EUR each month in Finland. The most expensive city is Helsinki, and the least expensive student cities are Laaperanta, Pori, and Tampere.
Frequently Asked Questions
- Is it a wise idea to relocate to Finland?
There are many other reasons to relocate to Finland, including its beautiful scenery, relaxed work culture, and indeed the fact that it has been named the happiest nation in the world. There’s plenty to do, whether relocating to Finland alone or with your family.
- What issues is Finland facing?
The most significant issue facing Finland is its high raw material usage. It is the largest in the region regarding per capita income and household consumption output. In 2018, 1.38 million terajoules of energy were consumed, 40% of which came from energy sources.
