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Finland vs Slovakia: salary & cost of living

Which offers better value? A real Eurostat comparison of take-home pay and cost of living, with each country’s Gera EU Value Index.

Finland vs Slovakia: which is better value to live in?

As of 2024, Finland offers better salary-to-cost value than Slovakia on the Gera EU Value Index (117.9 vs 77.8, a 40.1-point gap, EU≈100). Finland pays €32,957 net a year versus €14,981 in Slovakia; cost-of-living indices are 113.2 and 78. Figures from Eurostat (earnings & price levels).

Source:Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage·as of 2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living)updated annually (Eurostat earnings & price levels) (last: )
Gera EU Value IndexFinland 117.9 vs Slovakia 77.8Finland offers better salary-to-cost value, a 40.1-point gap. EU median 94.9.How this index is calculated

Finland vs Slovakia — head to head

Finland vs Slovakia — salary & cost of living (Eurostat)
MetricFinlandSlovakia
Net annual take-home pay€32,957€14,981
PPS earnings index (EU=100)111.373.7
Cost of living (EU=100)113.278
Gera EU Value Index117.977.8
EU value rank (of 27)#6#22

Compare your salary in Finland and Slovakia

Index your take-home pay against the EU norm in both

How far does your salary go in the EU?

Enter a net (take-home) salary and pick two EU countries. We index it against the EU norm using the same real Eurostat earnings and cost-of-living figures behind the Gera EU Value Index.

MetricFinlandAustria
Your salary, locally€35,000€35,000
Salary value vs EU norm125.2120.4
Local cost of living (EU=100)113.2117.8
Typical local net pay€32,957€35,824
Gera EU Value Index117.9 (#6)123.2 (#2)

On €35,000 a year, your salary stretches further in Finland — a value index of 125.2 against the EU norm of 100, because its cost of living is 113.2 (EU=100). The same salary indexes 125.2 in Finland and 120.4 in Austria. The Gera EU Value Index median is 94.9.

Full value report for Finland

Finland vs Slovakia — FAQ

Is Finland or Slovakia better value to live in?
Finland offers better salary-to-cost value on the Gera EU Value Index (117.9 vs 77.8, EU≈100, 2024). Finland pays €32,957 net a year and Slovakia €14,981; their cost-of-living indices are 113.2 and 78. Figures from Eurostat.
Where is the salary higher — Finland or Slovakia?
Finland has the higher net annual take-home pay at €32,957 versus €14,981 in Slovakia, for a single person at 100% of the average wage (Eurostat earn_nt_net, 2024). A higher salary does not always mean better value once cost of living is taken into account.
Where is the cost of living lower — Finland or Slovakia?
Slovakia has the lower cost of living, with a Gera EU Cost Index of 78 versus 113.2 (EU average ≈ 100), built from Eurostat price levels and household energy prices.

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Contains public sector information published by Eurostat (European Commission) and licensed under the Eurostat reuse policy (© European Union — free reuse with attribution). Source: Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage (2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living), published 2025 (Eurostat earnings release)).