Finland's currency is the Euro (EUR), made up of 100 cents. Banknotes come in denominations of 500, 200, 100, 50, 20, 10 and 5 euros, and coins in denominations of 1 and 2 euros, and 50, 20, 10, and 5 cents. Although 1 and 2 cent coins are legal tender, they are not generally in use in Finland where all prices are rounded to the nearest 5 cents. In May 2007, 1 Euro was equal to US$1.36 and GBP £0.68.

The cost of living is high in Finland, which was recently reported to be the 10th most expensive country in the world in which to live (http://www.internationalliving.com/qol06), while another recent survey found Finland to be the most expensive place in Europe for popular grocery products (http://www2.acnielsen.com/news/20060424.shtml) Alcohol is also particularly expensive to buy in Finland.

Typical prices include:

Litre of petrol EUR 1.30
Litre of milk EUR 0.75
6 eggs EUR 1.00
Pint of beer EUR 5.00
Litre bottled water EUR 3.00
Restaurant meal for 1 between EUR 5 and EUR 25

VAT at 22% is included in the price of most goods and services.

Most restaurants, cafes and hotels include a service charge in the bill, but it is customary to leave a small tip, and also to give a small tip to taxi drivers and porters.