Last update: Nov 2026

Cost of Living Comparison Between London and Hanko

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.

196

Cost of Living Index in London
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London Living Index
89

Cost of Living Index in Hanko
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Hanko Living Index

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London

🇬🇧 United Kingdom

$4,048

/mo nomad

Hanko

🇫🇮 Finland

$1,861

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Hanko

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

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

London $4,048
Hanko $1,861

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

London $5,903
Hanko $2,871

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

London $7,758
Hanko $3,882

Living in London is roughly 117% more expensive than in Hanko, and outside of rent the biggest gap is in transport.

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

Meal at Budget Restaurant

$26.36 £19.59

$15.59 €13.89

69.08%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

$87.7 €78.1

23.74%

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$11.91 €10.60

-10.08%

Cappuccino

$5.59 £4.15

$5.30 €4.72

5.47%

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

$3.00 £2.23

$2.92 €2.60

2.74%

Water (0.33 liter bottle)

$2.22 £1.65

$1.96 €1.75

13.27%

Local Beer (0.5 liter draught)

$9.65 £7.17

$7.63 €6.80

26.47%

Imported Beer (0.33 liter bottle)

$8.26 £6.14

$8.80 €7.84

-6.14%

Milk (1 liter)

$1.97 £1.46

$1.30 €1.16

51.54%

White Bread (500g)

$2.09 £1.55

$2.66 €2.37

-21.43%

Rice (white) (1kg)

$2.59 £1.93

$2.40 €2.13

7.92%

Eggs

$5.37 £3.99

$3.25 €2.89

65.23%

Local Cheese (1kg)

$13.12 £9.75

$8.79 €7.83

49.26%

Chicken Fillets (1kg)

$11.03 £8.20

$14.35 €12.77

-23.14%

Beef Round Steak (1kg)

$17.73 £13.17

$21.25 €18.92

-16.56%

Apples (1kg)

$3.17 £2.36

$2.36 €2.11

34.32%

Banana (1kg)

$1.38 £1.03

$2.05 €1.83

-32.68%

Oranges (1kg)

$2.82 £2.10

$2.58 €2.29

9.30%

Tomato (1kg)

$3.36 £2.50

$3.83 €3.41

-12.27%

Potato (1kg)

$1.70 £1.26

$1.29 €1.15

31.78%

Onion (1kg)

$1.78 £1.32

$1.94 €1.72

-8.25%

Lettuce (1 head)

$1.49 £1.11

$2.86 €2.54

-47.90%

Water (1.5 liter bottle)

$1.82 £1.35

$2.07 €1.85

-12.08%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.72

$12.57 €11.19

89.74%

Wine (Bottle)

$13.44 £9.98

$15.92 €14.17

-15.58%

Local Beer (0.5 liter bottle)

$3.11 £2.31

$3.05 €2.71

1.97%

Imported Beer (0.33 liter bottle)

$4.49 £3.34

$3.35 €2.98

34.03%

One-way Ticket (Public Transport)

$4.13 £3.07

$3.31 €2.94

24.77%

Public Transport Monthly Pass (Regular Price)

$266 £198

$64.4 €57.3

313.14%

Taxi Start (Normal Tariff)

$5.98 £4.44

$4.30 €3.83

39.07%

Taxi (Normal Tariff) (1km)

$3.39 £2.52

$1.32 €1.17

156.82%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

$65.1 €58.0

-13.19%

Gasoline (1 liter)

$2.21 £1.64

$2.39 €2.13

-7.53%

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

$38.3K £28.4K

$36.7K €32.7K

4.26%

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

$41.0K £30.5K

$36.9K €32.9K

11.16%

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

$372 £277

$130 €116

186.10%

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

$18.66 £13.87

$24.93 €22.19

-25.15%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.12

$23.80 €21.19

70.29%

Gym Membership (Monthly)

$56.0 £41.63

$43.21 €38.47

29.65%

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

$22.16 €19.73

-22.83%

Cinema Ticket

$17.95 £13.34

$17.98 €16.01

-0.17%

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

$2,946 £2,189

$324 €289

808.50%

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

$12.8K €11.4K

270.81%

Jeans (Levis 501 Or Similar)

$116 £86.4

$97.5 €86.8

19.26%

Summer Dress (H&M, Zara, etc)

$56.9 £42.28

$48.46 €43.15

17.42%

Sport Shoes (Adidas, Nike)

$128 £95.1

$101 €90.4

26.04%

Men's Leather Business Shoes

$154 £114

$151 €135

1.77%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

$777 €692

277.87%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

$660 €588

241.95%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,901

$1,216 €1,083

331.78%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

$1,030 €917

274.64%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$3,965 €3,531

333.37%

Buy Apartment Outside City Center (m2)

$8,278 £6,152

$2,135 €1,901

287.76%

Average Monthly Net Salary (After Tax)

$5,621 £4,177

$4,534 €4,037

23.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

3.51

36.18%

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

Last update for London: November 1, 2026

Last update for Hanko: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

London

$2.3K 55.8%

Hanko

$660 35.5% 70.8% $1.6K

Monthly Utilities & Internet

London

$432 10.7%

Hanko

$179 9.6% 58.6% $253

Eating Out

London

$396 9.8%

Hanko

$299 16.1% 24.3% $96

Groceries & Markets

London

$360 8.9%

Hanko

$375 20.2% 4.2% $15

Getting Around

London

$305 7.6%

Hanko

$88 4.8% 71% $217

Clothing & Footwear

London

$205 5.1%

Hanko

$179 9.6% 12.4% $25

Sport & Entertainment

London

$92 2.3%

Hanko

$79 4.3% 13.9% $13

Cost Breakdown

A one-bedroom apartment in the center runs $2,935 in London and $777 in Hanko. 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: $109 in London vs $88 in Hanko. Groceries flip the comparison at $360 vs $375, with London cheaper for home cooking.

Good to know

🇬🇧 London

🇫🇮 Hanko

🕒 Local time

08:32 8:32 AM

10:32 10:32 AM

2 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

8,000

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.35 USD

1 GBP = 1.2 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of November 6, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.835 GBP (1 GBP = 1.2 EUR).

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

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

London Hanko 1,700 km ≈ 2 h 45 min nonstop flight

From you

London
Hanko

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

London vs Hanko: Cost of Living - Frequently Asked Questions

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.

Average pay runs 24% higher in London, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,935 in London versus $777 in Hanko. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $2,946 in London versus $324 in Hanko. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in London pay roughly 4% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

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.

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.

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.