Last update: Nov 2026

Cost of Living Comparison Between Hanko and London

For one person, living is cheaper in Hanko: $1,861 a month against $4,048 in London, rent and utilities included – about $26,200 less a year. Rent and utilities account for most of the difference.

Hanko, Finland
London, United Kingdom
Hanko
🇫🇮 Finland
$1,861
/mo nomad
London
🇬🇧 United Kingdom
$4,048
/mo nomad
Monthly Cost of Living

How much you'll spend in Hanko and in London

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Hanko and in London actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,861 in Hanko versus $4,048 in London.

  • Hanko $1,861
  • London $4,048

Estimated couple costs with rent: $2,871 in Hanko versus $5,903 in London.

  • Hanko $2,871
  • London $5,903

Monthly costs for a family of three with rent: $3,882 in Hanko versus $7,758 in London.

  • Hanko $3,882
  • London $7,758

Living in Hanko costs roughly 54% less than in London, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Hanko 38% above, London 199% above.

Currency
🍽 Eating Out
Hanko
London
Difference
Meal at Budget Restaurant
$15.59 €13.89
$26.36 £19.59
-40.86%
Three-Course Dinner for Two, Mid-Range
$87.7 €78.1
$109 £80.7
-19.19%
Fast Food Meal (McDonalds, etc)
$11.91 €10.60
$10.71 £7.96
11.20%
Cappuccino
$5.30 €4.72
$5.59 £4.15
-5.19%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.92 €2.60
$3.00 £2.23
-2.67%
Water (0.33 liter bottle)
$1.96 €1.75
$2.22 £1.65
-11.71%
Local Beer (0.5 liter draught)
$7.63 €6.80
$9.65 £7.17
-20.93%
Imported Beer (0.33 liter bottle)
$8.80 €7.84
$8.26 £6.14
6.54%
🛒 Groceries & Markets
Hanko
London
Difference
Milk (1 liter)
$1.30 €1.16
$1.97 £1.46
-34.01%
White Bread (500g)
$2.66 €2.37
$2.09 £1.55
27.27%
Rice (white) (1kg)
$2.40 €2.13
$2.59 £1.93
-7.34%
Eggs
$3.25 €2.89
$5.37 £3.99
-39.48%
Local Cheese (1kg)
$8.79 €7.83
$13.12 £9.75
-33.00%
Chicken Fillets (1kg)
$14.35 €12.77
$11.03 £8.20
30.10%
Beef Round Steak (1kg)
$21.25 €18.92
$17.73 £13.17
19.85%
Apples (1kg)
$2.36 €2.11
$3.17 £2.36
-25.55%
Banana (1kg)
$2.05 €1.83
$1.38 £1.03
48.55%
Oranges (1kg)
$2.58 €2.29
$2.82 £2.10
-8.51%
Tomato (1kg)
$3.83 €3.41
$3.36 £2.50
13.99%
Potato (1kg)
$1.29 €1.15
$1.70 £1.26
-24.12%
Onion (1kg)
$1.94 €1.72
$1.78 £1.32
8.99%
Lettuce (1 head)
$2.86 €2.54
$1.49 £1.11
91.95%
Water (1.5 liter bottle)
$2.07 €1.85
$1.82 £1.35
13.74%
Cigarettes 20 Pack (Marlboro, Camel)
$12.57 €11.19
$23.85 £17.72
-47.30%
Wine (Bottle)
$15.92 €14.17
$13.44 £9.98
18.45%
Local Beer (0.5 liter bottle)
$3.05 €2.71
$3.11 £2.31
-1.93%
Imported Beer (0.33 liter bottle)
$3.35 €2.98
$4.49 £3.34
-25.39%
🚌 Getting Around
Hanko
London
Difference
One-way Ticket (Public Transport)
$3.31 €2.94
$4.13 £3.07
-19.85%
Public Transport Monthly Pass (Regular Price)
$64.4 €57.3
$266 £198
-75.80%
Taxi Start (Normal Tariff)
$4.30 €3.83
$5.98 £4.44
-28.09%
Taxi (Normal Tariff) (1km)
$1.32 €1.17
$3.39 £2.52
-61.06%
Taxi 1hour Waiting (Normal Tariff)
$65.1 €58.0
$56.6 £42.03
15.19%
Gasoline (1 liter)
$2.39 €2.13
$2.21 £1.64
8.14%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$36.7K €32.7K
$38.3K £28.4K
-4.09%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.9K €32.9K
$41.0K £30.5K
-10.04%
🧾 Monthly Utilities & Internet
Hanko
London
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$130 €116
$372 £277
-65.05%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$24.93 €22.19
$18.66 £13.87
33.60%
Internet (50+ Mbps, Unlimited Data)
$23.80 €21.19
$40.53 £30.12
-41.28%
🎉 Sport & Entertainment
Hanko
London
Difference
Gym Membership (Monthly)
$43.21 €38.47
$56.0 £41.63
-22.87%
Tennis Court (1 Hour on Weekend)
$22.16 €19.73
$17.10 £12.71
29.59%
Cinema Ticket
$17.98 €16.01
$17.95 £13.34
0.17%
🧸 Childcare & Education
Hanko
London
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$324 €289
$2,946 £2,189
-88.99%
International Primary School, 1 Child (Yearly)
$12.8K €11.4K
$47.6K £35.4K
-73.03%
👕👟 Clothing & Footwear
Hanko
London
Difference
Jeans (Levis 501 Or Similar)
$97.5 €86.8
$116 £86.4
-16.15%
Summer Dress (H&M, Zara, etc)
$48.46 €43.15
$56.9 £42.28
-14.83%
Sport Shoes (Adidas, Nike)
$101 €90.4
$128 £95.1
-20.66%
Men's Leather Business Shoes
$151 €135
$154 £114
-1.74%
🏠 Accommodation & Living
Hanko
London
Difference
1-bedroom Apartment, City Center (Monthly)
$777 €692
$2,935 £2,182
-73.54%
1-bedroom Apartment, Outside City Center (Monthly)
$660 €588
$2,258 £1,678
-70.76%
3-bedroom Apartment, City Center (Monthly)
$1,216 €1,083
$5,250 £3,901
-76.84%
3-bedroom Apartment, Outside City Center (Monthly)
$1,030 €917
$3,859 £2,868
-73.31%
Buy Apartment in City Center (m2)
$3,965 €3,531
$17.2K £12.8K
-76.92%
Buy Apartment Outside City Center (m2)
$2,135 €1,901
$8,278 £6,152
-74.21%
💵 Salaries & Financials
Hanko
London
Difference
Average Monthly Net Salary (After Tax)
$4,534 €4,037
$5,621 £4,177
-19.33%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.51
4.78
-26.57%

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

Last update for Hanko: November 2, 2026

Last update for London: November 1, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Hanko
$660
London
$2.3K 242% $1.6K
Groceries & Markets
Hanko
$375
London
$360 4.1% $15
Eating Out
Hanko
$299
London
$396 32.2% $96
Clothing & Footwear
Hanko
$179
London
$205 14.1% $25
Monthly Utilities & Internet
Hanko
$179
London
$432 141% $253
Getting Around
Hanko
$88
London
$305 245% $217
Sport & Entertainment
Hanko
$79
London
$92 16.1% $13

Cost Breakdown

A one-bedroom apartment in the center runs $777 in Hanko and $2,935 in London. Housing cost is often the main lever when comparing two cities.

London pays 24% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $88 in Hanko vs $109 in London. Groceries flip the comparison at $375 vs $360, with London cheaper for home cooking.

Good to know
🇫🇮 Hanko
🇬🇧 London
🕒 Local time
06:06 6:06 AM
04:06 4:06 AM
2 h behind Hanko
🌤 Weather
👥 Population
8,000
8,908,083 Capital
💱 Currency
Euro EUR €
Exchange rates and currency converter

GBP, USD to EUR – Euro Converter

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

British Pound exchange rates as of November 6, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.834 GBP (1 GBP = 1.2 EUR).

On the map
Between locations
  • Hanko London 1,700 km ≈ 2 h 45 min nonstop flight
From you
  • Hanko
  • London

Distances are measured in a straight line. Your location is detected approximately.

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
Hanko vs London: Cost of Living - Frequently Asked Questions
Is Hanko cheaper than London?
Hanko is about 54% cheaper overall, especially in transport, eating out, and clothing. That difference adds up to real monthly savings that compound significantly over time.
Where can you earn more: Hanko or London?
On paper, salaries run 19% lower in Hanko. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
What is the rent difference between Hanko and London?
Rent for a central apartment: $777 in Hanko versus $2,935 in London. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper kindergarten?
Childcare runs $324 in Hanko versus $2,946 in London. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
How do food prices compare in Hanko and in London?
Shoppers in London pay roughly 4% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.
Is $2,500 a realistic budget for living in Hanko or in London?
At $1,861 in Hanko versus $4,048 in London, a $2,500 budget is realistic in Hanko but tight or insufficient in London. The gap between the two cities makes Hanko the clear choice for anyone on this budget.
Is it better to live in Hanko or in London?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
Which city is the better choice to relocate to?
It comes down to priorities – Hanko wins on affordability, London on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.

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