Cost of Living Comparison Between Espoo and Hanko Cost of Living Comparison Between Espoo and Hanko

Monthly Cost of Living

A single person spends $2,250 per month in Espoo vs $1,777 in Hanko, rent included.

A couple spends around $3,537 per month in Espoo vs $2,655 in Hanko, rent included.

A family of three spends $4,825 per month in Espoo vs $3,533 in Hanko, rent included.

Espoo costs about 27% more than Hanko, driven mainly by Groceries & Markets.

Both Espoo and Hanko sit above the global median – Espoo by 68%, Hanko by 33%.

Meal at Budget Restaurant

$15.35 €13.45

$15.91 €13.94

-3.52%

Three-Course Dinner for Two, Mid-Range

$102 €89.7

$69.0 €60.4

48.46%

Fast Food Meal (McDonalds, etc)

$11.40 €9.99

$13.90 €12.18

-17.99%

Cappuccino

$5.45 €4.78

$4.13 €3.61

31.96%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.52 €3.09

$1.88 €1.65

87.23%

Water (0.33 liter bottle)

$2.96 €2.59

$1.52 €1.33

94.74%

Local Beer (0.5 liter draught)

$8.82 €7.73

$6.91 €6.06

27.64%

Imported Beer (0.33 liter bottle)

$10.43 €9.14

$7.99 €7.00

30.54%

Milk (1 liter)

$1.30 €1.14

$1.24 €1.09

4.84%

White Bread (500g)

$2.90 €2.54

$1.76 €1.54

64.77%

Rice (white) (1kg)

$3.25 €2.85

$2.26 €1.98

43.81%

Eggs

$3.56 €3.12

$3.44 €3.01

3.49%

Local Cheese (1kg)

$10.18 €8.92

$3.54 €3.10

187.57%

Chicken Fillets (1kg)

$16.68 €14.61

$4.70 €4.12

254.89%

Beef Round Steak (1kg)

$21.70 €19.01

$5.76 €5.05

276.74%

Apples (1kg)

$2.84 €2.49

$1.14 €1.00

149.12%

Banana (1kg)

$2.12 €1.86

$0.88 €0.77

140.91%

Oranges (1kg)

$3.01 €2.64

$2.39 €2.09

25.94%

Tomato (1kg)

$4.66 €4.08

$4.17 €3.65

11.75%

Potato (1kg)

$1.38 €1.20

$1.29 €1.13

6.98%

Onion (1kg)

$2.15 €1.88

$1.90 €1.67

13.16%

Lettuce (1 head)

$2.08 €1.82

$1.77 €1.55

17.51%

Water (1.5 liter bottle)

$1.86 €1.63

$1.81 €1.58

2.76%

Cigarettes 20 Pack (Marlboro, Camel)

$12.93 €11.33

$12.53 €10.98

3.19%

Wine (Bottle)

$13.47 €11.80

$15.96 €13.98

-15.60%

Local Beer (0.5 liter bottle)

$4.05 €3.55

$3.45 €3.02

17.39%

Imported Beer (0.33 liter bottle)

$4.53 €3.97

$3.81 €3.34

18.90%

One-way Ticket (Public Transport)

$3.51 €3.07

$3.40 €2.98

3.24%

Public Transport Monthly Pass (Regular Price)

$77.2 €67.7

$65.7 €57.6

17.54%

Taxi Start (Normal Tariff)

$10.17 €8.91

$9.53 €8.35

6.72%

Taxi (Normal Tariff) (1km)

$1.57 €1.38

$1.21 €1.06

29.75%

Taxi 1hour Waiting (Normal Tariff)

$53.0 €46.39

$97.2 €85.2

-45.53%

Gasoline (1 liter)

$2.07 €1.81

$2.18 €1.91

-5.05%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$33.5K €29.4K

$35.3K €30.9K

-4.91%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$35.1K €30.8K

$38.2K €33.4K

-7.99%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$119 €104

$243 €213

-50.98%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$30.52 €26.74

$30.06 €26.33

1.53%

Internet (50+ Mbps, Unlimited Data)

$18.19 €15.94

$24.37 €21.35

-25.36%

Gym Membership (Monthly)

$59.4 €52.1

$43.27 €37.91

37.30%

Tennis Court (1 Hour on Weekend)

$43.45 €38.06

$23.87 €20.91

82.03%

Cinema Ticket

$17.62 €15.43

$17.15 €15.03

2.74%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$335 €294

$356 €312

-5.89%

International Primary School, 1 Child (Yearly)

$21.4K €18.7K

$7,987 €6,997

167.39%

Jeans (Levis 501 Or Similar)

$112 €98.3

$88.5 €77.5

26.79%

Summer Dress (H&M, Zara, etc)

$58.8 €51.5

$44.12 €38.66

33.23%

Sport Shoes (Adidas, Nike)

$101 €88.3

$91.5 €80.1

10.20%

Men's Leather Business Shoes

$187 €164

$159 €139

17.34%

1-bedroom Apartment, City Center (Monthly)

$1,052 €922

$771 €675

36.50%

1-bedroom Apartment, Outside City Center (Monthly)

$950 €832

$644 €564

47.60%

3-bedroom Apartment, City Center (Monthly)

$1,986 €1,740

$1,300 €1,139

52.74%

3-bedroom Apartment, Outside City Center (Monthly)

$1,627 €1,425

$1,033 €905

57.47%

Buy Apartment in City Center (m2)

$7,055 €6,181

$3,545 €3,106

99.01%

Buy Apartment Outside City Center (m2)

$4,397 €3,852

$2,133 €1,869

106.08%

Average Monthly Net Salary (After Tax)

$3,224 €2,824

$4,522 €3,961

-28.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.83

3.93

-2.54%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Espoo: July 22, 2026

Last update for Hanko: July 22, 2026

Cost Breakdown

A central one-bedroom costs $1,052 in Espoo versus $771 in Hanko. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 40% higher in Hanko, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $102 in Espoo versus $69.0 in Hanko. Monthly groceries follow the same trend: $406 vs $239 – making Hanko the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Espoo vs Hanko: Cost of Living - Frequently Asked Questions

Yes – Espoo is pricier by about 27%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,375 per month in Espoo and $2,666 in Hanko. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Hanko, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,250 in Espoo and $1,777 in Hanko. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 18% less in Hanko. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Hanko, where all-in costs run around $1,777, than in Espoo at $2,250. In Hanko it covers expenses comfortably, while in Espoo it requires careful planning or may not stretch far enough.

Families tend to lean toward Hanko – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Hanko. If higher salaries, better infrastructure, or specific career opportunities are the priority, Espoo makes more sense. Both are solid long-term options with distinct trade-offs.