Skyline of Turku
Cost of Living: 108 194,000

Turku, Finland

Finland's former capital and oldest city, a historic university town on the Aura River with a medieval castle.

Updated October 22, 2026

Overview

Turku is a city in Southwest Finland with a population of 194,000. Finland’s former capital and oldest city, a historic university town on the Aura River with a medieval castle. Housing costs are close to the national average. Gardening thrives here — the 5a growing zone supports Cool — many vegetables, some fruit trees. A large share of residents hold a bachelor’s degree or higher. Reported crime rates are relatively low.

Last updated: October 22, 2026

Cost of Living 108

Above Average vs Finland Avg (100)

Housing Index 112

Above Average

Median Income €38,000

Household income

Unemployment 7.5%

Job market health

Turku vs Finland Average

Cost of Living
Turku: 108
Finland Avg: 100
Housing Index
Turku: 112
Finland Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 24.0%

Economy & Jobs

  • Median Income: €38,000
  • Unemployment: 7.5%
  • Population: 194,000

Climate

  • Sunny Days: 180/year
  • Summer High: 70°F
  • Winter Low: 24°F
  • Farming Zone: USDA Zone 5a

Internet Speed

  • Average 200 Mbps: 150 Mbps
  • Coworking Spaces: 15+ locations

Housing

  • Median Home: €3,200,000
  • 1BR Rent: €9000/mo

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Cost of Living

Turku's cost of living index is 108 (Finland average = 100).

CategoryTurkuNational AverageDifference
Overall108100+8.0%
Housing112100+12.0%

Data source: Statistics Finland / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€3,200,000
Median Rent (1BR)€9000/mo
Median Rent (2BR)€11,250/mo
Price per Sq Ft€2,133

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 Turku:

UtilityEstimated Monthly CostNotes
Electricity€50
Heating & Cooling€168Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water€25Includes sewer
Internet (100+ Mbps)€30Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities€273Monthly estimate (including heating & cooling)

Data sources: Energiavirasto, Helen, Elisa 2025

Remote Work Score

Turku scores 67/100 for remote work readiness:

Cost of Living
— 108
Rent
— €9000
Sunny Days
— 180
Tax
— None
Unemployment
— 7.5%
Climate
— 70°F / 24°F
Safety
— 1.8 homicides/100k
Population
— 194,000
Internet Speed
— 150 Mbps

Climate

Turku has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January44°F24°F2.5"
April55°F39°F2.8"
July70°F45°F1.5"
October50°F42°F2.2"
USDA Zone 5a

Cool — many vegetables, some fruit trees

Natural Hazards

Turku faces the following natural hazards:

Blizzard High Risk

Finland experiences severe winter storms and extreme cold.

Flood Moderate Risk

River and lake flooding.

Avalanche Moderate Risk

Northern Finland with avalanches.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 24%
  • Property Tax: ~0.5% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 7.5%.

Crime & Safety

Crime rates in Turku 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

Schools & Education

Total Schools

Academic Schedule

School Hours 8:30 AM – 2:30 PM
Academic Year August to June
Term System Semester — Autumn (Aug-Dec), Spring (Jan-Jun)
Summer Break June to August (10 weeks)
Winter Break December to January (2 weeks)
Spring Break February/March (1 week, hiihtoloma)

Hiihtoloma (ski break) in February/March varies by region.

Universities & Higher Education

2
Universities
#382
Top University Rank
1
Top 500 Universities
Top-Ranked University University of Turku

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Turku is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

EU foreign
2.6%
Foreign
10.5%
Foreign-born
15.2%
National
89.5%
Non-EU foreign
8.0%

Education

Bachelor's degree or higher
43.2%
High school graduate
40.5%
Less than high school
16.3%

Religion

Demographic composition is derived from the Eurostat Urban Audit (city-level). Ethnicity figures are based on nationality / country of birth, as European statistics do not collect race or ethnicity data. Education figures reflect the highest level of education attained by the population aged 25-64.

Data source: Eurostat Urban Audit (2025)

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 Turku, Finland?

The cost of living index in Turku is 108, which is Higher the Finland national average of 100.

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

The median home price in Turku is €3,200,000. The housing index is 112.

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

The average rent for a 1-bedroom apartment in Turku is approximately €9000/mo.

Does Turku, Southwest Finland have income tax?

Turku is in Southwest Finland, which has no income tax.

What is the climate like in Turku?

Turku enjoys approximately 180 sunny days per year. Summer highs reach around 70°F, while winter lows can drop to around 24°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: October 23, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.