Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Cost of Living in Riga is 27.5% lower than in Helsinki (without rent)
Cost of Living Including Rent in Riga is 33.5% lower than in Helsinki
Rent Prices in Riga are 52.9% lower than in Helsinki
Restaurant Prices in Riga are 29.3% lower than in Helsinki
Groceries Prices in Riga are 34.1% lower than in Helsinki
Local Purchasing Power in Riga is 34.9% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Riga Edit Difference
Meal, Inexpensive Restaurant 16.00 € 14.00 €      -12.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 60.00 €      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.82 € 8.00 €      -32.3 %
Domestic Beer (1 pint draught) 8.00 € 5.00 €      -37.5 %
Imported Beer (12 oz small bottle) 8.90 € 4.00 €      -55.1 %
Cappuccino (regular) 4.28 € 3.08 €      -28.0 %
Coke/Pepsi (12 oz small bottle) 2.68 € 1.43 €      -46.7 %
Water (12 oz small bottle) 1.96 € 1.02 €      -48.0 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.76 € 4.60 €      -3.4 %
Loaf of Fresh White Bread (1 lb) 2.51 € 1.32 €      -47.4 %
Rice (white), (1 lb) 1.20 € 1.19 €      -0.6 %
Eggs (regular) (12) 3.03 € 2.67 €      -11.8 %
Local Cheese (1 lb) 3.73 € 4.81 €      +29.0 %
Chicken Fillets (1 lb) 5.80 € 2.89 €      -50.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.99 € 4.63 €      -48.5 %
Apples (1 lb) 1.08 € 0.67 €      -38.4 %
Banana (1 lb) 0.85 € 0.75 €      -11.7 %
Oranges (1 lb) 0.99 € 1.02 €      +3.3 %
Tomato (1 lb) 1.82 € 1.41 €      -22.2 %
Potato (1 lb) 0.52 € 0.40 €      -22.2 %
Onion (1 lb) 0.81 € 0.39 €      -51.6 %
Lettuce (1 head) 1.91 € 1.46 €      -23.6 %
Water (1.5 liter bottle) 1.80 € 0.78 €      -56.8 %
Bottle of Wine (Mid-Range) 14.00 € 7.00 €      -50.0 %
Domestic Beer (0.5 liter bottle) 2.88 € 1.64 €      -43.2 %
Imported Beer (12 oz small bottle) 3.39 € 1.92 €      -43.4 %
Cigarettes 20 Pack (Marlboro) 11.00 € 5.00 €      -54.5 %
Transportation
Helsinki Edit Riga Edit
One-way Ticket (Local Transport) 2.95 € 1.50 €      -49.2 %
Monthly Pass (Regular Price) 66.60 € 30.00 €      -55.0 %
Taxi Start (Normal Tariff) 7.00 € 2.50 €      -64.3 %
Taxi 1 mile (Normal Tariff) 1.77 € 1.29 €      -27.3 %
Taxi 1hour Waiting (Normal Tariff) 58.20 € 11.00 €      -81.1 %
Gasoline (1 gallon) 6.96 € 6.25 €      -10.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,245.00 € 26,000.00 €      -19.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,527.74 € 26,630.77 €      -22.9 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 114.70 € 281.35 €      +145.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 25.15 € 18.19 €      -27.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21.34 € 16.91 €      -20.8 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 42.60 € 42.82 €      +0.5 %
Tennis Court Rent (1 Hour on Weekend) 30.75 € 25.94 €      -15.6 %
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 330.25 € 467.37 €      +41.5 %
International Primary School, Yearly for 1 Child 8,965.60 € 13,219.75 €      +47.4 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 96.09 € 75.64 €      -21.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.91 € 40.20 €      +26.0 %
1 Pair of Nike Running Shoes (Mid-Range) 88.87 € 81.53 €      -8.3 %
1 Pair of Men Leather Business Shoes 100.27 € 113.14 €      +12.8 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 1,038.69 € 482.33 €      -53.6 %
Apartment (1 bedroom) Outside of Centre 817.39 € 335.00 €      -59.0 %
Apartment (3 bedrooms) in City Centre 1,811.00 € 928.79 €      -48.7 %
Apartment (3 bedrooms) Outside of Centre 1,324.64 € 607.14 €      -54.2 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 729.06 € 244.65 €      -66.4 %
Price per Square Feet to Buy Apartment Outside of Centre 432.98 € 155.82 €      -64.0 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,888.31 € 1,250.44 €      -56.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.06 4.59      +13.1 %
Last update: February 2025February 2025
Contributors in the past 12 months:191161