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Housing and constructionPrices and consumption

Building costs rose by 5.3 per cent in December year-on-year

release | Building cost index 2022, December

According to Statistics Finland, building costs rose by 5.3 per cent in December 2022 from one year back. Among materials, the biggest increases in the year were recorded in heat insulation (17.8%) and heat, water and sewer materials (17.1%). The fall in the costs of timber structures continued and the change from the previous year was -7.6 per cent.

Key selections

  • Building costs rose by 5.3 per cent from one year ago.
  • The costs of materials rose by 8.5 per cent from one year back.
  • The prices of services increased by 4.8 per cent from one year ago.
  • Costs decreased most per month in precast concrete units (-1.2%).
  • The total index went up by 0.1 per cent from the month before.

Figures

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Index clause sub-indices P 2000=100, 2000M01-2022M12

Tables

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Building Cost Index 2021=100, December 2022

Building Cost Index 2021=100 by purpose of use, December 2022

Building Cost Index 2021=100 by input heading, December 2022

Database tables

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Updated database tables
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