Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Consumer Prices in Riga are 23.9% lower than in Helsinki (without rent)
Consumer Prices Including Rent in Riga are 31.7% lower than in Helsinki
Rent Prices in Riga are 53.6% lower than in Helsinki
Restaurant Prices in Riga are 34.6% lower than in Helsinki
Groceries Prices in Riga are 34.2% lower than in Helsinki
Local Purchasing Power in Riga is 41.3% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Riga Edit Difference
Meal, Inexpensive Restaurant 15.00 € 10.00 €      -33.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 60.00 €      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 7.25 €      -27.5 %
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) 4.49 € 2.98 €      -33.5 %
Coke/Pepsi (12 oz small bottle) 2.69 € 1.43 €      -46.8 %
Water (12 oz small bottle) 1.83 € 1.10 €      -39.8 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.22 € 4.30 €      +1.8 %
Loaf of Fresh White Bread (1 lb) 2.57 € 1.22 €      -52.5 %
Rice (white), (1 lb) 1.16 € 1.19 €      +3.1 %
Eggs (regular) (12) 2.84 € 2.52 €      -11.4 %
Local Cheese (1 lb) 3.54 € 4.50 €      +27.1 %
Chicken Fillets (1 lb) 5.11 € 2.96 €      -42.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.42 € 4.75 €      -49.6 %
Apples (1 lb) 1.03 € 0.64 €      -38.4 %
Banana (1 lb) 0.79 € 0.76 €      -4.0 %
Oranges (1 lb) 1.01 € 0.94 €      -7.2 %
Tomato (1 lb) 1.80 € 1.33 €      -26.2 %
Potato (1 lb) 0.56 € 0.35 €      -37.5 %
Onion (1 lb) 0.82 € 0.44 €      -46.4 %
Lettuce (1 head) 1.92 € 1.44 €      -24.7 %
Water (1.5 liter bottle) 1.79 € 0.81 €      -54.8 %
Bottle of Wine (Mid-Range) 14.00 € 7.00 €      -50.0 %
Domestic Beer (0.5 liter bottle) 2.65 € 1.61 €      -39.2 %
Imported Beer (12 oz small bottle) 3.12 € 1.81 €      -42.1 %
Cigarettes 20 Pack (Marlboro) 10.30 € 4.80 €      -53.4 %
Transportation
Helsinki Edit Riga Edit
One-way Ticket (Local Transport) 3.10 € 1.50 €      -51.6 %
Monthly Pass (Regular Price) 67.00 € 30.00 €      -55.2 %
Taxi Start (Normal Tariff) 6.60 € 2.50 €      -62.1 %
Taxi 1 mile (Normal Tariff) 1.93 € 1.49 €      -22.9 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 9.80 €      -82.6 %
Gasoline (1 gallon) 7.23 € 6.31 €      -12.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 € 25,245.00 €      -21.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,060.53 € 24,440.00 €      -28.2 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 104.86 € 318.59 €      +203.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.08 € 18.18 €      -24.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 18.82 € 15.54 €      -17.4 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 41.52 € 43.94 €      +5.8 %
Tennis Court Rent (1 Hour on Weekend) 26.47 € 25.44 €      -3.9 %
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 306.42 € 429.09 €      +40.0 %
International Primary School, Yearly for 1 Child 8,742.80 € 12,394.29 €      +41.8 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.63 € 77.56 €      -2.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.41 € 41.13 €      +39.9 %
1 Pair of Nike Running Shoes (Mid-Range) 71.66 € 83.62 €      +16.7 %
1 Pair of Men Leather Business Shoes 92.75 € 112.46 €      +21.2 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 988.72 € 488.03 €      -50.6 %
Apartment (1 bedroom) Outside of Centre 796.17 € 328.42 €      -58.8 %
Apartment (3 bedrooms) in City Centre 1,767.50 € 861.54 €      -51.3 %
Apartment (3 bedrooms) Outside of Centre 1,284.80 € 567.24 €      -55.8 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 686.10 € 229.30 €      -66.6 %
Price per Square Feet to Buy Apartment Outside of Centre 399.60 € 142.40 €      -64.4 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,837.76 € 1,138.57 €      -59.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 4.33      +20.9 %
Last update: April 2024April 2024
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