Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Cost of Living in Riga is 23.4% lower than in Helsinki (without rent)
Cost of Living Including Rent in Riga is 31.4% lower than in Helsinki
Rent Prices in Riga are 53.8% lower than in Helsinki
Restaurant Prices in Riga are 30.0% lower than in Helsinki
Groceries Prices in Riga are 34.6% lower than in Helsinki
Local Purchasing Power in Riga is 38.3% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Riga Edit Difference
Meal, Inexpensive Restaurant 15.00 € 12.00 €      -20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 60.00 €      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 7.50 €      -25.0 %
Domestic Beer (1 pint draught) 8.00 € 4.50 €      -43.8 %
Imported Beer (12 oz small bottle) 8.00 € 4.00 €      -50.0 %
Cappuccino (regular) 4.46 € 3.13 €      -29.8 %
Coke/Pepsi (12 oz small bottle) 2.64 € 1.47 €      -44.4 %
Water (12 oz small bottle) 1.81 € 1.08 €      -40.3 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.43 € 4.36 €      -1.7 %
Loaf of Fresh White Bread (1 lb) 2.57 € 1.22 €      -52.6 %
Rice (white), (1 lb) 1.17 € 1.21 €      +4.1 %
Eggs (regular) (12) 2.95 € 2.53 €      -14.0 %
Local Cheese (1 lb) 3.52 € 4.58 €      +30.0 %
Chicken Fillets (1 lb) 5.28 € 2.92 €      -44.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.58 € 4.70 €      -51.0 %
Apples (1 lb) 1.03 € 0.63 €      -38.7 %
Banana (1 lb) 0.79 € 0.76 €      -4.5 %
Oranges (1 lb) 0.98 € 0.94 €      -3.9 %
Tomato (1 lb) 1.78 € 1.33 €      -25.3 %
Potato (1 lb) 0.55 € 0.35 €      -36.3 %
Onion (1 lb) 0.82 € 0.44 €      -46.6 %
Lettuce (1 head) 1.94 € 1.35 €      -30.1 %
Water (1.5 liter bottle) 1.80 € 0.83 €      -54.0 %
Bottle of Wine (Mid-Range) 14.00 € 7.00 €      -50.0 %
Domestic Beer (0.5 liter bottle) 2.68 € 1.63 €      -39.3 %
Imported Beer (12 oz small bottle) 3.19 € 1.86 €      -41.8 %
Cigarettes 20 Pack (Marlboro) 10.20 € 4.92 €      -51.7 %
Transportation
Helsinki Edit Riga Edit
One-way Ticket (Local Transport) 3.00 € 1.50 €      -50.0 %
Monthly Pass (Regular Price) 66.60 € 30.00 €      -55.0 %
Taxi Start (Normal Tariff) 6.60 € 2.50 €      -62.1 %
Taxi 1 mile (Normal Tariff) 1.93 € 1.61 €      -16.7 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 11.00 €      -80.5 %
Gasoline (1 gallon) 7.23 € 6.37 €      -11.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,245.00 € 25,245.00 €      -21.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,916.11 € 24,786.67 €      -26.9 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 110.73 € 313.54 €      +183.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.31 € 17.94 €      -26.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.37 € 14.98 €      -22.6 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 41.69 € 44.09 €      +5.7 %
Tennis Court Rent (1 Hour on Weekend) 27.06 € 24.88 €      -8.1 %
Cinema, International Release, 1 Seat 17.00 € 10.00 €      -41.2 %
Childcare
Helsinki Edit Riga Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 308.71 € 455.40 €      +47.5 %
International Primary School, Yearly for 1 Child 8,365.60 € 12,230.77 €      +46.2 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 86.48 € 79.16 €      -8.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.41 € 40.95 €      +34.7 %
1 Pair of Nike Running Shoes (Mid-Range) 73.04 € 85.56 €      +17.1 %
1 Pair of Men Leather Business Shoes 95.17 € 113.81 €      +19.6 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 1,013.59 € 498.59 €      -50.8 %
Apartment (1 bedroom) Outside of Centre 810.88 € 337.43 €      -58.4 %
Apartment (3 bedrooms) in City Centre 1,794.63 € 875.00 €      -51.2 %
Apartment (3 bedrooms) Outside of Centre 1,323.85 € 571.15 €      -56.9 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 704.79 € 231.42 €      -67.2 %
Price per Square Feet to Buy Apartment Outside of Centre 407.19 € 142.12 €      -65.1 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,728.81 € 1,154.79 €      -57.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.86 4.55      +17.9 %
Last update: May 2024May 2024
Contributors in the past 12 months:228244