Published: Monday, 21th October 2024
The cost of living in Libya is 10.61 times less expensive as compared to Finland.
On this page, you will find side-by-side cost comparison between Libya and Finland. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Libya and Finland.
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Indicators | Libya | Finland |
---|---|---|
1 BHK Apartment in City Center | 800 LYD (168 USD) | 1,209 EUR (1,344.53 USD) |
2 BHK Apartment in City Center | 1,200 LYD (252 USD) | 1,801 EUR (2,002.89 USD) |
3 BHK Apartment in City Center | 1,500 LYD (315 USD) | 2,493 EUR (2,772.47 USD) |
1 BHK Apartment outside City Center | 500 LYD (105 USD) | 834 EUR (927.49 USD) |
2 BHK Apartment outside City Center | 800 LYD (168 USD) | 1,281 EUR (1,424.60 USD) |
3 BHK Apartment outside City Center | 1,000 LYD (210 USD) | 1,758 EUR (1,955.07 USD) |
Mortgage Rates Per Month | 0.7 % | 2.5 % |
Realtor Commission | 3 % | 2 % |
Property Taxes | Yet to Update | 0.5 to 2.0 % |
The average housing cost in Libya is 8.44 times less expensive than Finland.
Indicators | Libya | Finland |
---|---|---|
Basic Home Furnishing | 5,000 LYD (1,050 USD) | 2,500 EUR (2,780.25 USD) |
Electricity Cost Per Month | 100 LYD (21 USD) | 100 EUR (111.21 USD) |
Heating Cost Per Month | 50 LYD (10.50 USD) | 120 EUR (133.45 USD) |
Cooling Cost Per Month | 70 LYD (14.70 USD) | 40 EUR (44.48 USD) |
Water Supply Cost Per Month | 20 LYD (4.20 USD) | 20 EUR (22.24 USD) |
If you lived in Libya, instead of Finland, you would have to pay 64.41% less for Utilities.
The basic home furnishing in Libya costs 2.65 times less compared to Finland.
Indicators | Libya | Finland |
---|---|---|
Standard Wifi Cost Per Month | 60 LYD (12.60 USD) | 30 EUR (33.36 USD) |
Mobile Phone Basic Plan Cost Per Month | 40 LYD (8.40 USD) | 30 EUR (33.36 USD) |
Landline Basic Plan Cost Per Month | 30 LYD (6.30 USD) | 15 EUR (16.68 USD) |
Cable TV Basic Plan Cost Per Month | 50 LYD (10.50 USD) | 60 EUR (66.73 USD) |
The internet and communication costs 74.82% less in Libya compared to Finland.
Indicators | Libya | Finland |
---|---|---|
Long Grain Rice (1 KG) | 4 LYD (0.84 USD) | 2.70 EUR (3 USD) |
Milk (1 Liter) | 2 LYD (0.42 USD) | 1.30 EUR (1.45 USD) |
Water (1 Liter) | 0.50 LYD (0.10 USD) | 1 EUR (1.11 USD) |
Bread (500 gm) | 1 LYD (0.21 USD) | 1.50 EUR (1.67 USD) |
Eggs (1 Dozen) | 8 LYD (1.68 USD) | 3 EUR (3.34 USD) |
Cheese (1 KG) | 15 LYD (3.15 USD) | 9 EUR (10.01 USD) |
Chicken Breast (1 KG) | 10 LYD (2.10 USD) | 12 EUR (13.35 USD) |
In Libya, the cost of 1 Liter Water and 1 Liter Milk is 4.87 times less expensive than the cost in Finland.
If you lived in Libya, instead of Finland, you would have to pay 74.93% less for Groceries.
Indicators | Libya | Finland |
---|---|---|
Apples (1 KG) | 5 LYD (1.05 USD) | 3.50 EUR (3.89 USD) |
Bananas (1 KG) | 4 LYD (0.84 USD) | 2.50 EUR (2.78 USD) |
Oranges (1 KG) | 3 LYD (0.63 USD) | 3.50 EUR (3.89 USD) |
Tomatoes (1 KG) | 2 LYD (0.42 USD) | 4 EUR (4.45 USD) |
Potatoes (1 KG) | 2 LYD (0.42 USD) | 2.20 EUR (2.45 USD) |
Lemons (1 KG) | 3 LYD (0.63 USD) | 3 EUR (3.34 USD) |
Onions (1 KG) | 2 LYD (0.42 USD) | 2.50 EUR (2.78 USD) |
Lentils (1 KG) | 3 LYD (0.63 USD) | 4 EUR (4.45 USD) |
If you lived in Libya, instead of Finland, you would have to pay 5.56 times less for Fruits and Vegetables.
Indicators | Libya | Finland |
---|---|---|
Meal at a Resonable Restaurant | 20 LYD (4.20 USD) | 15 EUR (16.68 USD) |
Three-Course Meal for Two | 100 LYD (21 USD) | 50 EUR (55.61 USD) |
Fast Food Combo Meal | 15 LYD (3.15 USD) | 8 EUR (8.90 USD) |
Normal Coffee | 5 LYD (1.05 USD) | 3.50 EUR (3.89 USD) |
Soft Drink | 2 LYD (0.42 USD) | 2.50 EUR (2.78 USD) |
Pizza for One | 20 LYD (4.20 USD) | 12 EUR (13.35 USD) |
Take-Out Delivery Meal | 25 LYD (5.25 USD) | 20 EUR (22.24 USD) |
Cigarette Pack of 20 | 6 LYD (1.26 USD) | 8 EUR (8.90 USD) |
Dining-Out costs 69.37% less in Libya compared to Finland.
Indicators | Libya | Finland |
---|---|---|
Wine Mid-Range Bottle | 20 LYD (4.20 USD) | 10 EUR (11.12 USD) |
Glass of Wine | 8 LYD (1.68 USD) | 6 EUR (6.67 USD) |
Domestic Beer Half Liter | 3 LYD (0.63 USD) | 4 EUR (4.45 USD) |
Imported Beer Half Liter | 5 LYD (1.05 USD) | 5 EUR (5.56 USD) |
Domestic Alcohol 1 Liter | 25 LYD (5.25 USD) | 20 EUR (22.24 USD) |
Branded Alcohol 1 Liter | 35 LYD (7.35 USD) | 30 EUR (33.36 USD) |
If you lived in Libya, instead of Finland, you would have to pay 4.14 times less for usual hard drinks.
Indicators | Libya | Finland |
---|---|---|
Monthly Public Transportation Pass | 50 LYD (10.50 USD) | 50 EUR (55.61 USD) |
Single Public Transportation Ticket | 1 LYD (0.21 USD) | 3 EUR (3.34 USD) |
Single Train Ticket | Yet to Update () | 30 EUR (33.36 USD) |
Domestic Airplane Ticket | 300 LYD (63 USD) | 150 EUR (166.82 USD) |
Taxi Start Fare | 3 LYD (0.63 USD) | 6 EUR (6.67 USD) |
Taxi Rate Per Kilometer | 1 LYD (0.21 USD) | 2.50 EUR (2.78 USD) |
Car Rental Per Day | 150 LYD (31.50 USD) | 50 EUR (55.61 USD) |
Parking Fees in City Center Per Hour | 2 LYD (0.42 USD) | 3.50 EUR (3.89 USD) |
Parking Fees outside City Center Per Hour | 1 LYD (0.21 USD) | 1.50 EUR (1.67 USD) |
If you lived in Libya, instead of Finland, you would have to pay 3.09 times less for transportation.
Indicators | Libya | Finland |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000 LYD (6,300 USD) | 25,000 EUR (27,802.50 USD) |
Vehicle Registration Cost | 150 LYD (31.50 USD) | 200 EUR (222.42 USD) |
Driving License Fees | 200 LYD (42 USD) | 100 EUR (111.21 USD) |
Car Insurance Cost | 200 LYD (42 USD) | 1,200 EUR (1,334.52 USD) |
Car Maintenance Cost | 300 LYD (63 USD) | 120 EUR (133.45 USD) |
Car Loan Interest Rates | 6 % | 3 % |
Fuel Per Liter | 0.15 LYD (0.03 USD) | 1.70 EUR (1.89 USD) |
Fuel Per Gallon | 0.60 LYD (0.13 USD) | 6.50 EUR (7.23 USD) |
Average Toll Fees | 5 LYD 1.05 USD | Yet to Update |
You would have to pay 4.57 times less for Vehicle purchase, daily operation and maintenance in Libya compared to that of Finland.
Indicators | Libya | Finland |
---|---|---|
Doctor Visit | 50 LYD (10.50 USD) | 80 EUR (88.97 USD) |
Specialist Visit | 100 LYD (21 USD) | 120 EUR (133.45 USD) |
Dentist Visit | 80 LYD (16.80 USD) | 70 EUR (77.85 USD) |
Eye Exam | 40 LYD (8.40 USD) | 60 EUR (66.73 USD) |
Mental Health Counseling | 100 LYD (21 USD) | 100 EUR (111.21 USD) |
Preventive Health Screening | 60 LYD (12.60 USD) | 80 EUR (88.97 USD) |
Physical Therapy | 100 LYD (21 USD) | 90 EUR (100.09 USD) |
Emergency Room Visit | 150 LYD (31.50 USD) | 150 EUR (166.82 USD) |
Hospital Stay Per Night | 300 LYD (63 USD) | 300 EUR (333.63 USD) |
Vaccinations | 30 LYD (6.30 USD) | 40 EUR (44.48 USD) |
Prescription Medication | 20 LYD (4.20 USD) | 20 EUR (22.24 USD) |
Over the Counter Medication | 10 LYD (2.10 USD) | 10 EUR (11.12 USD) |
Health Insurance Premiums | 200 LYD (42 USD) | 200 EUR (222.42 USD) |
Health Insurance Deductibles | 50 LYD (10.50 USD) | 100 EUR (111.21 USD) |
If you lived in Libya, instead of Finland, you would have to pay 5.83 times less for Health and Medical Treatment.
Indicators | Libya | Finland |
---|---|---|
Cosmetic Procedures | 1,000 LYD (210 USD) | 250 EUR (278.03 USD) |
Spa Treatment | 100 LYD (21 USD) | 100 EUR (111.21 USD) |
Manicure Pedicure Cost | 50 LYD (10.50 USD) | 40 EUR (44.48 USD) |
Optical Glasses Cost | 150 LYD (31.50 USD) | 150 EUR (166.82 USD) |
Contact Lenses Cost | 100 LYD (21 USD) | 120 EUR (133.45 USD) |
Haircuts | 20 LYD (4.20 USD) | 25 EUR (27.80 USD) |
Hair Coloring | 40 LYD (8.40 USD) | 60 EUR (66.73 USD) |
Shampoo Price | 10 LYD (2.10 USD) | 5 EUR (5.56 USD) |
Toothpaste Price | 5 LYD (1.05 USD) | 2 EUR (2.22 USD) |
If you lived in Libya, instead of Finland, you would have to pay 2.70 times less for Personal Care Items and Treatment.
Indicators | Libya | Finland |
---|---|---|
Pair of Nike Running Shoes | 200 LYD (42 USD) | 100 EUR (111.21 USD) |
Men's Shirt | 80 LYD (16.80 USD) | 50 EUR (55.61 USD) |
Women's Dress | 150 LYD (31.50 USD) | 80 EUR (88.97 USD) |
Summer Dress | 70 LYD (14.70 USD) | 60 EUR (66.73 USD) |
Men's Suit | 500 LYD (105 USD) | 400 EUR (444.84 USD) |
Men's Jeans | 150 LYD (31.50 USD) | 70 EUR (77.85 USD) |
Women's Jeans | 100 LYD (21 USD) | 70 EUR (77.85 USD) |
Men's Formal Shoes | 300 LYD (63 USD) | 100 EUR (111.21 USD) |
Women's Formal Shoes | 200 LYD (42 USD) | 90 EUR (100.09 USD) |
Men's Casual Shoes | 200 LYD (42 USD) | 60 EUR (66.73 USD) |
Women's Casual Shoes | 150 LYD (31.50 USD) | 50 EUR (55.61 USD) |
Underwear For Men | 30 LYD (6.30 USD) | 15 EUR (16.68 USD) |
Underwear For Women | 40 LYD (8.40 USD) | 18 EUR (20.02 USD) |
Socks For Men | 10 LYD (2.10 USD) | 8 EUR (8.90 USD) |
Socks For Women | 10 LYD (2.10 USD) | 10 EUR (11.12 USD) |
Wintercoat for Adults | 200 LYD (42 USD) | 120 EUR (133.45 USD) |
Sportswear | 150 LYD (31.50 USD) | 50 EUR (55.61 USD) |
If you lived in Libya, instead of Finland, you would have to pay 2.82 times less for Clothing and Footwear for Adults.
Indicators | Libya | Finland |
---|---|---|
Children's Jeans | 50 LYD (10.50 USD) | 30 EUR (33.36 USD) |
Children's Normal Sneakers | 80 LYD (16.80 USD) | 40 EUR (44.48 USD) |
Children's Winter Coat | 120 LYD (25.20 USD) | 80 EUR (88.97 USD) |
Daycare for Infant | 200 LYD (42 USD) | 1,000 EUR (1,112.10 USD) |
Daycare for Toddler | 180 LYD (37.80 USD) | 800 EUR (889.68 USD) |
Childcare for Sick Days | 150 LYD (31.50 USD) | 60 EUR (66.73 USD) |
Early Childhood Education Programs | 200 LYD (42 USD) | 500 EUR (556.05 USD) |
Extra Curricular Activities | 300 LYD (63 USD) | 150 EUR (166.82 USD) |
Summer Camp for Kids | 400 LYD (84 USD) | 500 EUR (556.05 USD) |
If you lived in Libya, instead of Finland, you would have to pay 9.96 times less for Childcare and kids clothing.
Indicators | Libya | Finland |
---|---|---|
PreSchool Fees | 150 LYD (31.50 USD) | 600 EUR (667.26 USD) |
Primary School Fees | 400 LYD (84 USD) | 1,200 EUR (1,334.52 USD) |
Secondary School Fees | 500 LYD (105 USD) | 1,500 EUR (1,668.15 USD) |
Private School Fees | 1,000 LYD (210 USD) | 3,000 EUR (3,336.30 USD) |
University Tuition Fees | 1,500 LYD (315 USD) | 12,000 EUR (13,345.20 USD) |
University Private Tuition Fees | 2,500 LYD (525 USD) | 20,000 EUR (22,242 USD) |
After School Activities | 200 LYD (42 USD) | 100 EUR (111.21 USD) |
Special Education Services | 400 LYD (84 USD) | 100 EUR (111.21 USD) |
Tutoring | 80 LYD (16.80 USD) | 40 EUR (44.48 USD) |
Textbooks Cost | 300 LYD (63 USD) | 50 EUR (55.61 USD) |
School Supplies | 100 LYD (21 USD) | 30 EUR (33.36 USD) |
If you lived in Libya, instead of Finland, you would have to pay 28.68 times less for school and education.
Indicators | Libya | Finland |
---|---|---|
Movie Ticket (Single) | 20 LYD (4.20 USD) | 12 EUR (13.35 USD) |
Theater Ticket (Single) | 30 LYD (6.30 USD) | 25 EUR (27.80 USD) |
Concert Ticket (Single) | 50 LYD (10.50 USD) | 40 EUR (44.48 USD) |
Sports Event Ticket (Single) | 40 LYD (8.40 USD) | 30 EUR (33.36 USD) |
Gym Membership | 100 LYD (21 USD) | 60 EUR (66.73 USD) |
Swimming Pool Access | 50 LYD (10.50 USD) | 30 EUR (33.36 USD) |
Museum Entry Ticket | 10 LYD (2.10 USD) | 15 EUR (16.68 USD) |
Zoo Entry Ticket | 15 LYD (3.15 USD) | 20 EUR (22.24 USD) |
Amusement Park Entry Ticket | 20 LYD (4.20 USD) | 25 EUR (27.80 USD) |
Bowling | 5 LYD (1.05 USD) | 15 EUR (16.68 USD) |
Mini Golf | 4 LYD (0.84 USD) | 12 EUR (13.35 USD) |
Video Games | 200 LYD (42 USD) | 60 EUR (66.73 USD) |
Streaming Services | 40 LYD (8.40 USD) | 50 EUR (55.61 USD) |
Outdoor Equipment Rental | 30 LYD (6.30 USD) | 20 EUR (22.24 USD) |
Theme Park Annual Pass | 200 LYD (42 USD) | 150 EUR (166.82 USD) |
If you lived in Libya, instead of Finland, you would have to pay 3.67 times less for entertainment, recreation and fun activities.
Indicators | Libya | Finland |
---|---|---|
Language Classes | 80 LYD (16.80 USD) | 60 EUR (66.73 USD) |
Parenting Classes | 60 LYD (12.60 USD) | 50 EUR (55.61 USD) |
Art Classes | 20 LYD (4.20 USD) | 35 EUR (38.92 USD) |
Fitness Classes | 20 LYD (4.20 USD) | 15 EUR (16.68 USD) |
Music Lessons | 30 LYD (6.30 USD) | 40 EUR (44.48 USD) |
Dance Lessons | 25 LYD (5.25 USD) | 50 EUR (55.61 USD) |
Reading Materials for Classes | 15 LYD (3.15 USD) | 20 EUR (22.24 USD) |
Educational Software | 30 LYD (6.30 USD) | 80 EUR (88.97 USD) |
If you lived in Libya, instead of Finland, you would have to pay 6.62 times less for Private Classes.
Indicators | Libya | Finland |
---|---|---|
Average Gross Monthly Salary | 2,000 LYD (420 USD) | 3,500 EUR (3,892.35 USD) |
Average Net Monthly Salary | 1,500 LYD (315 USD) | 2,500 EUR (2,780.25 USD) |
Minimum Wages | 16.67 LYD per hour (3.50 USD) | 56.67 EUR per hour (63.02 USD) |
Average Bonus | 300 LYD (63 USD) | 1,500 EUR (1,668.15 USD) |
Income Tax Rate | 0 % | 0 to 24 % |
Social Security Contributions | 7 % | 10 % |
Pension Contributions | 5 % | 6 % |
Cost of Living Index | 50 | 75 |
Median Household Income | 2,500 LYD (525 USD) | 36,000 EUR (40,035.60 USD) |
If you lived in Libya, you would earn 36.52 times less salary as compared to Finland.
Indicators | Libya | Finland |
---|---|---|
Legal Consultation Per Hour Rate | 200 LYD (42 USD) | 200 EUR (222.42 USD) |
Accounting Services Per Hour Rate | 150 LYD (31.50 USD) | 150 EUR (166.82 USD) |
IT Support Services Per Hour Rate | 100 LYD (21 USD) | 100 EUR (111.21 USD) |
Technician Services Per Hour Rate | 80 LYD (16.80 USD) | 120 EUR (133.45 USD) |
Professional Services cost 5.70 times less in Libya, as compared to Finland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Libya and Finland.
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