This is archive content that is no longer updated.

Go to the up-to-date statistics page.

A more recent publication of this set of statistics is available.

Latest publication: Building cost index 2022, February

Published: 14 May 2021

Building costs rose by 2.0 per cent in April year-on-year

According to Statistics Finland, building costs rose by 2.0 per cent in April 2021 year-on-year. The costs of materials went up by 2.8 per cent and labour costs by 1.4 per cent. The prices of services fell by 0.1 per cent from one year ago. Among materials especially the prices of timber and steel structures went up.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From March to April, the total index of building costs rose by 0.5 per cent. The prices of materials rose by 1.2 per cent. The prices of labour costs went down by 0.2 per cent and those of services by 0.6 per cent from the month before.

Building cost index 2015=100, April 2021

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 106.2 0.5 2.0
By type of cost Labour inputs 400 105.2 -0.2 1.4
Materials 510 107.7 1.2 2.8
Services 90 102.9 -0.6 -0.1
By purpose of use Residential building 440 106.4 0.7 2.2
Other building construction 560 106.1 0.4 1.8

Source: Building cost index, Statistics Finland

Inquiries: Liina Arhosalo 029 551 3612, Merja Järvinen 029 551 2458, info@stat.fi

Head of Department in charge: Hannele Orjala

Publication in pdf-format (295.9 kB)

Tables

Tables in databases

Appendix tables

Figures

Updated 14.05.2021

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. April 2021. Helsinki: Statistics Finland [referred: 26.5.2022].
Access method: http://www.stat.fi/til/rki/2021/04/rki_2021_04_2021-05-14_tie_001_en.html