The rent in Helsinki is so crazy, so that's why I bought my apartment on my own when I was 25 years old, for the same apartment I live in, the rent is 20-30% higher than what I pay to the bank and maintenance each month. And the price of apartment is rising, it is good investment.
Thanks for the video, Aleksi! Very good insights. Compared to Romania most of the costs are 10x higher in Finland except for the groceries. I also shop at Lidl pretty basic stuff for about 150euros/month/person. This is something I noticed while visiting other countries in Western Europe that groceries prices are higher in Romania even thought the average national salary is 10x lower than Finland. Quite a discrepancy.
Well, that is the dilemma, more local yes, especially during summer, but this produce should be cheaper, instead we get a lot of imports, so it gets expensive.
Hey Finntastics! I know there's a lot of variation between the costs but I wanted to give some guidelines about the price levels, especially here in Helsinki. Hope it helps!
Great info. Some things seem to cost more than UK others cost less. In the north rent is super cheap. I have a 3 storey house with 3 bedrooms for €900 a month but taxes seem cheaper here
Very interesting when compared to US. We have one expense that many don't have- our cars and trucks. Not only do you have to pay for but also gas, insurance and maintenance. Our electricity cost are higher and phone and internet is higher as well. Food and entertainment is probably less expensive than Finland. Most (90%) of the people I work with own their own homes. Here, it is cheaper to buy than to rent. So, there is always a trade off.
I'm so impressed that you recommended Savings and Investments to foreigners. I've never seen anyone doing that, encouraging foreigners to invest SO you're awesome dude 💯 👌
Hey, your videos are very helpful and thanks for the information. Is it possible can we get the updated video with current situation in 2024 and also if you can add some common jobs available for foreign students or dependent of students. It will help us to get the idea of the expenses thanks
Hey Aleksi, would you do an update to the costs of living for 2023? You know, things have gone a 'little' crazy as of late with the lockdowns and the ongoing war in the Ukraine .. .. I mean, if You have the time to spare ^^'
In Finland after I pay everything at the end of the month I have about 500 euros left,in Bosnia because I am from there and also Croatia and Serbia I had 20 euros left 😂 so imagine if you want to travel or save money it's yust impossible of course it's depends what you are doing but generally speaking is like that.I don't know what is secret but Finnish people made life in Finland much easier compare to life in Balkan and in all East European countries let's say 🙂
@Adisa i meni je zelja da se preselim u Finsku iz Srbije sam ,trenutno radim za americku firmu ovde ali nisam zadovoljan,svaki savet je dobro dosao... Pozz
Ma nasih ljudi ima svugdje vjerujte 😁ja zivim u gradu Jyväskylä i ovdje sam nasao nasih ljudi i mladih ali npr grad Turku,Helsinki tamo ih ima vise , Zivot u Finskoj zavisi od osobe do osobe npr ako lose vrijeme ne volite i za tim cete samo zaliti svaki dan onda nemojte dolaziti u Finsku ili u bilo koje zemlje Sjeverne Evrope jer je vrijeme losije u poredjenju sa Jugom ,takodje i jezik koji je stvarno tezak i treba ce vam oko 4 godine sa mnogo rada da ga savladate ali u Finskoj svi znaju Engleski tako da je to olaksavajuca cinjenica npr u banci,kod doktora bilo gdje se moze sa engleskim ali za posao vam treba Finski osim ako niste nezz programer ili je neka internacionalna kompanija u pitanju gdje se koristi Engleski,Sistem je savrsen i sve ide brzo ,plate na vrijeme, standard je mnogo veci nego dole ,ovdje za platu mozes kupiti mnogo vise nego dole i mozes putovati za razlika od Bosne , Uglavnom zivot je laksi i sa manje stresa ovdje.Ima da se tu mnogo prica ali to je eto ukratko 😁
@Adisa Hvala na odgovoru... Spreman sam da bukvalno krenem iz pocetka,krenuo sam da ucim Finski jezik i uskoro zavrsavam A1,iste zelje imam kao i ti,ne zelim bogastvo samo normalan zivot alj ovde kako vreme prolazi sve vise uvidjam da to necu ostvariti,imam 28godina i vec mi je ovde svega preko glave :) Ako zelis mozemo da ostanemo u kontaktu za ubuduce,hvala.
@@smorior709 da bi pricao tecno neki jezik sa ljudima treba par godina nebitno jeli to Finski ili Njemacki jer je jednostavno govorni jezik drugaciji od onog u skolama tako da dobrih godina treba za Finski ,samo bih htio reci da ako nemate ama bas nikog ,ni prijatelja ni rodbine nebi preporucio da idete negdje gdje nemate nigdje nikog i nemate pojma jer napocetku je mnogo tesko,velika je promjena i jednostavno vam treba pomoc i to treba da razmotrite,u mom slucaju rodjak mi je zivio u gradu gdje sam se preselio tako da nisam imao nikakvih problema
Good advice on saving and investing. That is relevant no matter where you live. Have you done a video on what to see in Finland. I’ve been thinking about coming to visit the “old” country but not sure what to see or do besides visiting with a few cousins.
Thanks Irene! I have done videos about Helsinki and Tampere. Helsinki: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-jN5NbmP7ndw.html Tampere: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-3-xKBD6Knso.html
800€ for 20m^2 seems kinda crazy. The apartment my family lives in, in Berlin, maybe costs 1000€ for 90m^2. The rent contract is a few decades old but I would have assumed that it would not be that bad in Helsinki.
Moi Aleksi, really enjoyable video! As a lady with cats, I wonder how much makeup and perfume would be as well as vet visits. I rent a studio in San Diego for $1500 a month which includes sewer and pet rent. My electric bill is $50. It’s really outrageous rent here.
Wow. That's a pretty uneventful (if not borring) life... And looks like prices have doubled since 2020. I pay almost the same rent for apartment in Espoo and electricity bill is 45-50 per month! Most of the gym are around 50-60 euro (More if you like crossfit or something more specific). Food and household stuff is 400 min for one person. Not including alcohol which is rather expensive. Normal wine starts from 15 (not everyone can drink beer). Latte/Capuchino (small or medium) in any cafe is 4-5 euro. Internet 15 euro per month if you lucky but for forigners it's hard to get a cheep subscription so it's closer to 25. Same with the cell phone. So yeah, info in the video was sort of useful, just multiply the cost by 1.5 at least. Saving 700 euro each month sounds more like a dream :(
He doesn't drink coffee. But the prices vary wildly depending on the practices. As you said, café coffees are expensive but lunch restaurants often have coffee as dessert for cheaper. All my employers have also had a coffee machine or three in the office. In university my student org and the faculty common area both had coffee machines available to use for very cheap. But if you're staying for longer, a coffee machine is a good investment.
In general people don't tip in Finland. For example the people working in the restaurant field have high enough salary where the tip in already included.
Keep going Aleksi your advices is very usefull Finland is a place that you can save money if you a have a good program in your life i wish the best and maybe we can meet for a coffee on Aprill i am moving on Helsinki
Moi Aleksi, could you please tell me the average minimum(ish) wage in Helsinki? Like how much would a full-time barista, waitress or hotel cleaner earn in each month?
Different industries have different agreements between employee and employer organisations. By law those agreements create minimum work conditions for employment in each sector. Employee and employer unions have public websites where you can check the agreements. You just need to find out what unions represent which employee and employer sectors. You can start from here www.pam.fi/
Some background so that you can understand the system and what minimum wage etc. really means in Finland. www.suomi.fi/citizen/working-life-and-unemployment/rules-of-working-life
Moi Alexi, kiitos for the detailed video. I guess the prices got higher due to inflation, so what would be inflation adjusted price right now, as a percentage? What do you think?
Hey Aleksi,you mentioned saving and investing,do you have any idea about how to invest and his much to invest and on what to invest? I'm interested to hear your opinion
sharko punch if you don’t mind me interrupting your question asked to Aleksi - Yle made a podcast in English about investing not long ago - google “All Points North Yle” and it should be there. It was maybe not very detailed, but some basic information was provided
@sharko punch you’re welcome! What I think is worth mentioning, is that investing nowadays is beyond the borders and can be easily done from one’s laptop. I think it’s better to do it in the language that you feel comfortable in. Being in Finland doesn’t mean that you need to limit yourself to the options available in Finnish language, especially if it is not necessarily clear to you (as it is not clear for me, at least yet). Good luck :)
Thanks for the very practical info in this video. As a new resident of Helsinki, it's quite helpful. Aleksi, would you be willing to tell us your phone service provider? I have a prepaid SIM card which costs me €25 per month, and I'd like to get a phone plan like yours, to save some cash.
Finland is cheaper than Italy because in Italy you have a miserable salary like (1300 euros for a software engineer with master degree) and rent is 500 euro/m in a 20 meter square apartment far from centre and in a little city + 180 euro/m for water, methane and warming + 40 euro/m. So you spend about 700 euro for month but your miserable italian salary is about 1300 euro for high skilled job. The salary for a low skilled job can be 800/900 euro for month. Food cost minimum 100 euro for month if you go to Lidl but other supermarkets you can spend twice. So Finland is way more better than Italy to live in !!
@@AleksiHimself Yes I know that ! But Finland is a serious country that respect the job of a skilled worker and give a good salary. In Italy the job is not well paid and give the importance that need !!
Wow! it is pretty cheap compared to California, $3000 for a 1 bedroom apartment, utilities much higher and food .... forget it, it is much better there where you live!
How far out, or how far away from Helsinki center, would I have to move to be able to get a 1 bedroom apartment (maybe around 50sqm) for under 900-1000EUR/month? How long would that take me to get to work (if office is in the center) with public transport?
You can make your own research by using vuokraovi.fi for example. I have lived in Kallio, which is 1km away from the city center, in a 1 bedroom apartment and the rent was around 800€.
dont!!! lol i am here now, the most boring place i have ever been too...hahaha but its cheap here compared to helsinki for sure. just very boring, no ppl and nothing much to do and very very cold..so do a lot of research before you go, because i regret not doing so..
It worth to go if you are a business type of man and u make more than 1500 a month but if you have no higher education it doesn't make much sense to live in other countries if u already living in any european country. . And of course it's still fun to try but not for the money. 😅
If you save 10% of the price of the account, the bank will give you the loan and state of Finland will guarantee it. There are some other benefits too. I think I will make a video about this later.
This figure is realistic for guys, but not for girls.... The hair cut for lady is 40 EUR minimal price Also clothes, health and beauty costs are much higher for ladies Men don't need to buy bra or tampons or birth control pills, but men don't need.
1:59 Apartment is 23 square metres or 248 square feet. All Americans and Canadians and Mexicans just left the chat. That is a closet. You have no idea how poorly you live. My apartment is 1000€ for 125 sq metres. No reason to pay the same for only my smallest bedroom of my 2 bedroom flat.
Can you move up north of Finland buy land build a log cabin and live in the woods cheaper.? Especially since you pay all that money for only a crappy 250 square foot apartment I thought only gypsy live in those things 600 eruos expensive for that maybe goverment pay for it for you so it’s free for you in socialist county but they give your garbage 250 square foot apartment at least it’s free better then live in tent city USA.
