An Indian couple living in Finland has released a detailed breakdown of their monthly expenditures after spending six months in the European country. Madhu, who moved to Finland with her husband, shared the financial insights on social media via the Instagram account 'Sindhiamongfinns'. She stated that after half a year of residency, the couple now has a clearer understanding of their regular monthly costs.
According to the breakdown, the couple spends between 1,450 and 1,500 euros, which converts to approximately ₹1.55 lakh, to maintain their household. Rent is the single largest expense, costing them 750 euros (around ₹78,000) per month. Groceries represent their second-largest expenditure at 350 euros (approximately ₹36,400), a figure that can fluctuate based on how often the couple chooses to dine out.
Other recurring monthly costs include 115 euros (roughly ₹12,000) for electricity, water, and mobile phone bills, along with 110 euros (approximately ₹11,400) for bus passes to cover daily commutes. The couple also sets aside 70 euros (around ₹7,300) for grooming and allocates 100 euros (approximately ₹10,400) for miscellaneous items and entertainment. Madhu clarified that these figures do not account for the one-time initial costs associated with relocating, settling in, or furnishing their home.
Key facts
- Total monthly expenditure for the couple is approximately 1,450–1,500 euros, or about ₹1.55 lakh.
- Rent constitutes the primary monthly cost at 750 euros (₹78,000).
- Grocery spending is 350 euros (₹36,400) per month.
- Transportation costs, specifically bus passes, total 110 euros (₹11,400).
- Combined costs for utilities, including electricity, water, and phone bills, are 115 euros (₹12,000).
Regarding their lifestyle adjustments, Madhu noted that their habits have evolved since arriving in the country. While they initially frequented restaurants to explore local cuisine, they now prefer preparing home-cooked meals and dining out only once or twice a month. She mentioned that while it is possible to reduce monthly spending to approximately 1,300 euros (around ₹1.35 lakh) through a more frugal approach, they found that miscellaneous expenses often arise unexpectedly.
Source: Livemint
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