How Much Does It Cost to Live in Turku, Finland?

Turku is a small city located in Finland with a metropolitan area population of 182,948. A couple could live a moderate lifestyle in Turku on a budget of $2,793 per month, or $33,522 per year.

Cost of Living in Turku, Finland

As noted above, the cost of living in Turku, Finland is $2,793 per month for a couple living a moderate lifestyle. This budget consists of $1,154 for housing related costs, $660 for food, and $979 for other costs, all of which will be broken down below.


  • A one-bedroom apartment in the city center of Turku is estimated to cost $954
  • Basic utilities including electricity, water, and gas will run about $172
  • High-speed internet averages $29


  • Typical grocery costs of $450 per month include things like bread, eggs, milk, cheese, rice, chicken breast, bottled water, fruits, and vegetables
  • Alcohol including beer and wine for moderate home consumption costs about $109
  • Frequent coffees in a neighborhood café are estimated to be about $100


  • Meals out are estimated to be $639 per month, including 4 meals in mid-range restaurants and 8 in inexpensive restaurants
  • Transportation costs of $160 for public transport passes and occasional taxis
  • Fitness center memberships of $101
  • Cinema tickets of $78 include several outings for international releases

Note that Turku, Finland is a very walkable city with a Walk Score of 97/100, which means you won’t need a car if you are living in the city center and you may even save some money by not using public transportation and taxis very often.

Amount of Money Needed to Retire in Turku, Finland

Many people searching the internet for the cost of living in Turku, Finland are doing so to see if and when they can quit their jobs and retire. A popular and easy way to calculate your retirement number is using the 4% Rule.

The 4% Rule estimates that a person(s) could withdraw 4% of their retirement nest egg and never run out of money. Using this calculation, a couple would need an investment portfolio of $838,041 to live a moderate lifestyle in Turku, Finland.

Annual expenses of $33,522 ÷ 4% = $838,041 portfolio needed.

Of course, everyone’s financial situation is different, and the above calculation could change based on any other sources of passive income and social security income.


Overall, the cost of living in Turku, Finland is affordable coming in at $2,793 for a couple living a moderate lifestyle. Those seeking to retire could do so comfortably with a retirement portfolio of $838,041.