England vs Sweden

Quarter Finals

England vs Sweden World cup

After winning their first ever World Cup penalty shoot-out England are through to the quarter finals and face Sweden, where they’ll hope to flatten them like a piece of IKEA furniture. We take a look at the financial comparisons between both countries.

 

Sweden sit in 24th on the FIFA World rankings, 11 places below England. But how does the cost of living compare? 

England

Sweden

Average house price in the Capital City 

£602,539 

£550,951

Average life expectancy yrs

Men = 79.2   Women = 82.9 

Men = 80.7   Women = 84 

Minimum wage per hour

£7.83 (25+)

£10.04 (20+)

Average yearly salary (approx)

£27,000

£35,000

Price to income ratio 

8.88%

9.60%

Retirement age 

Men = 65  Women = 63

Men = 65  Women = 65

Price of Petrol & Diesel per litre

£1.26  |  £1.32   

£1.38  |  £1.37

Price of milk per litre

£0.89

£0.90

Pack of 20 cigarettes 

£9.50 (Thank you UK taxes)

£5.15

The cost of living in Sweden is recorded to be 6.37% higher than in the UK. 

(Statistics taken from https://www.numbeo.com)

 

  

Unlike Colombia, the Swedes are living longer than the Brits and although the house prices in Stockholm aren’t as expensive as those in London the countries average earnings are better, with a much larger minimum wage. There isn’t much difference in your weekly shop, although you can save a whole 1p on milk here in England.

 

Again, these statistics hold no influence over the actual football result but it’s an interesting opportunity to compare ourselves financially with another European country just 1,300 miles away.

 

#ItsComingHome

Savvy Financial Planning, Hinton Business Park, Tarrant Hinton, Blandford Forum, Dorset, DT11 8JF

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