Skyline of Mikkeli
Cost of Living: 92 54,000

Mikkeli, South Savo, Finland

A lakeside city in the Savo region, known for its cathedral, WWII headquarters museum, and lake cruises.

Updated July 19, 2026
Cost of Living 92

Below Average vs Finland Avg (100)

Housing Index 90

Affordable

Median Income €30,000

Household income

Unemployment 8.0%

Job market health

Mikkeli vs Finland Average

Cost of Living
Mikkeli: 92
Finland Avg: 100
Housing Index
Mikkeli: 90
Finland Avg: 100

Taxes

  • Income Tax: None
  • VAT: 24.0%

Economy & Jobs

  • Median Income: €30,000
  • Unemployment: 8.0%
  • Population: 54,000

Climate

  • Sunny Days: 170/year
  • Summer High: 68°F
  • Winter Low: 14°F

Housing

  • Median Home: €2,000,000
  • 1BR Rent: €6000/mo

Cost of Living

Mikkeli's cost of living index is 92 (Finland average = 100).

CategoryMikkeliNational AverageDifference
Overall92100-8.0%
Housing90100-10.0%

Data source: Statistics Finland / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€2,000,000
Median Rent (1BR)€6000/mo
Median Rent (2BR)€7,500/mo
Price per Sq Ft€1,333

Data source: Oikotie / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

%
$90,000 down
%
%

Utilities

Estimated monthly utility costs for a typical household in Mikkeli:

UtilityEstimated Monthly CostNotes
Electricity€120Based on ~6,000 kWh/year typical Finnish household usage
Heating & Cooling€224Estimated based on local climate. district or electric heating
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water€50Includes sewer
Internet (100+ Mbps)€70Broadband average
Garbage / Trash€25Private service
Total Utilities€489Monthly estimate (including heating & cooling)

Data sources: Energiavirasto, Helen, Elisa 2025

Best Neighborhoods

Downtown Mikkeli

The heart of the city with restaurants, shops, and entertainment. Average rent: €7,200/mo.

Mikkeli Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: €6,600/mo.

East Mikkeli

Up-and-coming neighborhood with new developments and young professionals. Average rent: €5,400/mo.

West Mikkeli

Family-friendly area with parks and good schools. Average rent: €5,700/mo.

Remote Work Score

Mikkeli scores —/100 for remote work readiness:

Cost of Living
92
Rent
€6000
Sunny Days
170
Tax
None
Unemployment
8.0%
Climate
68°F / 14°F

Climate

Mikkeli has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January34°F14°F2.5"
April53°F29°F2.8"
July68°F43°F1.5"
October48°F32°F2.2"

Taxes

  • Income Tax: 0% (None)
  • VAT: 24%
  • Property Tax: ~1.2% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 8.0%.

Crime & Safety

Crime rates in Mikkeli per 100,000 residents:

77.6
Violent Crime
2,476.6
Property Crime
1.8
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: Eurostat

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Mikkeli, South Savo, Finland?

The cost of living index in Mikkeli is 92, which is Lower the Finland national average of 100.

How much does it cost to buy a home in Mikkeli?

The median home price in Mikkeli is €2,000,000. The housing index is 90.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Mikkeli is approximately €6000/mo.

Does Mikkeli, South Savo have income tax?

Mikkeli is in South Savo, which has no income tax.

What is the climate like in Mikkeli?

Mikkeli enjoys approximately 170 sunny days per year. Summer highs reach around 68°F, while winter lows can drop to around 14°F.

Data Sources

  • Cost of Living: Statistics Finland / Numbeo, 2026
  • Housing Data: Oikotie / Numbeo, 2026
  • Income & Employment: Statistics Finland Labour Force Survey, 2024
  • Utilities Energiavirasto, Helen, Elisa 2025

Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.