Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Consumer Prices in Riga are 24.5% lower than in Helsinki (without rent)
Consumer Prices Including Rent in Riga are 32.1% lower than in Helsinki
Rent Prices in Riga are 53.4% lower than in Helsinki
Restaurant Prices in Riga are 34.3% lower than in Helsinki
Groceries Prices in Riga are 34.6% lower than in Helsinki
Local Purchasing Power in Riga is 37.6% 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 € 7.50 €      -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) 4.48 € 3.06 €      -31.8 %
Coke/Pepsi (12 oz small bottle) 2.67 € 1.47 €      -44.9 %
Water (12 oz small bottle) 1.85 € 1.10 €      -40.4 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.35 € 4.33 €      -0.4 %
Loaf of Fresh White Bread (1 lb) 2.57 € 1.23 €      -52.3 %
Rice (white), (1 lb) 1.16 € 1.23 €      +5.8 %
Eggs (regular) (12) 2.95 € 2.51 €      -14.7 %
Local Cheese (1 lb) 3.57 € 4.55 €      +27.3 %
Chicken Fillets (1 lb) 5.25 € 2.94 €      -44.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.58 € 4.74 €      -50.6 %
Apples (1 lb) 1.03 € 0.64 €      -38.1 %
Banana (1 lb) 0.79 € 0.75 €      -4.7 %
Oranges (1 lb) 0.98 € 0.94 €      -3.8 %
Tomato (1 lb) 1.80 € 1.35 €      -25.3 %
Potato (1 lb) 0.55 € 0.35 €      -37.1 %
Onion (1 lb) 0.82 € 0.44 €      -46.7 %
Lettuce (1 head) 1.94 € 1.35 €      -30.1 %
Water (1.5 liter bottle) 1.76 € 0.81 €      -54.0 %
Bottle of Wine (Mid-Range) 14.45 € 7.00 €      -51.6 %
Domestic Beer (0.5 liter bottle) 2.68 € 1.63 €      -39.3 %
Imported Beer (12 oz small bottle) 3.19 € 1.85 €      -42.2 %
Cigarettes 20 Pack (Marlboro) 10.20 € 4.82 €      -52.7 %
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) 6.75 € 2.50 €      -63.0 %
Taxi 1 mile (Normal Tariff) 1.97 € 1.61 €      -18.4 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 11.00 €      -80.5 %
Gasoline (1 gallon) 7.21 € 6.33 €      -12.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,245.00 € 24,750.00 €      -23.2 %
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 109.20 € 315.81 €      +189.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.43 € 18.13 €      -25.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.22 € 15.11 €      -21.4 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 43.31 € 43.71 €      +0.9 %
Tennis Court Rent (1 Hour on Weekend) 27.06 € 23.62 €      -12.7 %
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 309.77 € 455.40 €      +47.0 %
International Primary School, Yearly for 1 Child 9,728.50 € 11,750.00 €      +20.8 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.53 € 79.16 €      -1.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.07 € 41.48 €      +38.0 %
1 Pair of Nike Running Shoes (Mid-Range) 71.04 € 85.77 €      +20.7 %
1 Pair of Men Leather Business Shoes 94.09 € 111.16 €      +18.1 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 1,004.37 € 498.51 €      -50.4 %
Apartment (1 bedroom) Outside of Centre 801.22 € 335.59 €      -58.1 %
Apartment (3 bedrooms) in City Centre 1,790.20 € 882.61 €      -50.7 %
Apartment (3 bedrooms) Outside of Centre 1,320.80 € 574.00 €      -56.5 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 697.64 € 229.30 €      -67.1 %
Price per Square Feet to Buy Apartment Outside of Centre 404.66 € 144.46 €      -64.3 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,722.06 € 1,152.27 €      -57.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.85 4.55      +18.2 %
Last update: May 2024May 2024
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