Monday, May 24, 2010

Finland, Helsinki Cost of Living April 2010

Country Full Name: Republic of Finland.

Location: Finland is in Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, and Gulf of Finland, between Sweden and Russia.

Country Climate: Cold temperate; potentially subarctic but comparatively mild because of moderating influence of the North Atlantic Current, Baltic Sea, and more than 60,000 lakes.

Country Terrain: Mostly low, flat to rolling plains interspersed with lakes and low hills.

Major Languages: Finnish, Swedish.

Major Religions: Christianity.

Country Population: 5.3 million (2008 est.) 5.3 million (2009 est.).

Country Economy: 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.

Currency: Euro (EUR).

Country Inflation: 3.9% (2008 est.) 1.0% (2009 est.).

City: Helsinki is the capital and largest city in Finland.

City Economy: 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.
Cost of Living: Helsinki has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Helsinki is currently ranked 32 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Finland, Helsinki