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Cost of Living for Masters (MSc) in Finland

Finland has been ranked the world's happiest and safest country by the World Economic Forum, making it an ideal destination for students to pursue their studies. The tuition fees are often lower than in other European countries, but it's essential to consider the cost of living to plan your budget effectively. The cost of living varies depending on the city or town you study in and your lifestyle and spending habits. Finland offers a high standard of living and excellent public services, making it a desirable place for students.

The Estimated cost of living in Finland while studying MSc ranges from 600 to 900 EUR per month. On-campus accommodation is popular among students due to its convenience and proximity to university facilities. The On-Campus Accommodation Cost for Masters in Finland can range from 250 EUR to 800 EUR per month, depending on the university and the accommodation you choose. It's advisable to apply for on-campus housing early as it can be in high demand.

The Living cost for Indian students in Finland per month to study Masters can vary based on their lifestyle and preferences. On average, Cost of living for a single person studying Masters in Finland can range from 800 EUR to 1,200 EUR, which includes accommodation, food, transportation, study materials, and personal expenses. GoFinland can give detailed information about how to manage your expenses.

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Estimated Cost of Living in Finland while Studying MSc:

To estimate the cost of living in Finland while pursuing Masters, you can consider the following aspects:

  • Accommodation: 250 EUR to 800 EUR per month
  • Food: 250 EUR to 400 EUR per month
  • Transportation: 50 EUR to 100 EUR per month
  • Study Materials: 50 EUR to 100 EUR per month
  • Personal Expenses: 100 EUR to 200 EUR per month

The Living expenses in Finland for Non-EU Master's students are slightly higher due to visa and residence permit requirements. However, the living expenses are still reasonable compared to many other countries. Non-EU students should also budget for health insurance, which is mandatory for international students in Finland. GoFinland experts can provide more detailed information on the cost of living in different Finnish cities and valuable tips on managing your budget effectively. With our assistance, you can plan your expenses, find suitable accommodation, and enjoy a comfortable and enriching experience while pursuing your Masters in Finland.

Masters Cost
Masters Cost

Tips to save the Cost of living in Finland to study Masters programs:

The Finland government promotes healthy eating and provides a wholly satisfying meal for under 3 Euros in college canteens. Through this, the students can enjoy a variety of dishes, salads, and sandwiches at a low cost. Having a student card can significantly contribute to a more economical daily life, and Finland offers numerous student discounts and benefits. For instance, students can access free health care, and university sports centers offer affordable membership fees. Additionally, public transportation costs are reduced by half and provide discounts to customers who have a valid student ID.

You can also take education loans, and many scholarships are also available to students to minimize the budget. Our GoFinland experts can check your financial background and sponsor profile and help you get an education loan with the lowest interest rate in the market. GoFinland consultants can guide you in applying for 100% scholarships, which can significantly reduce your tuition fees and ease the cost of living. Don't hesitate to contact us for more details and personalized guidance on financial support options.

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